Integrated 06

Cyber and data risks are becoming more important in the industries we serve and increasingly intertwined in what might have once been the preserve of traditional property claims. We’ve taken the decision to appoint a specialist Cyber Loss Adjuster, Gerard Ward, and his deliberations about the ‘Role of Big Data in Automating Process Industries’ (page 10), particularly the pitfalls of placing too much focus on AI and machine learning too soon, is both thought provoking and highly relevant as our collective clients are adopting new ways of working.

With respect to ‘data’, and as a result of engagement with a number of our stakeholders, we’re building a secure loss database that will be launched in 2020. It will contain (anonymised) loss related data and insights using data drawn from our 21 years of adjusting claims around the world. You’ll be hearing more about this in future issues of integrated…