Esri, GeoDecisions Combine Efforts to Assist Insurance Claims Workers

Esri, a provider of location analytics and GIS software, and GeoDecisions have aligned to offer insurance organizations performance optimization from the office to the field as they vombine to create solutions that allow insurers to track events, such as inclement weather and other natural disasters, so they can better serve their clients in their time of need.

"The location of a portfolio and how a pending storm system, for example, may affect it is critical information," says Brian J. Smith, director of commercial solutions, GeoDecisions. "GIS and location analytics help insurance companies understand this information and apply it as a real competitive advantage."

Together, Esri and GeoDecisions are offering integrated solutions based on the ArcGIS platform that assist in catastrophe analysis, exposure modeling, and claims management. Insurance companies can use a map-based interface to see their up-to-date portfolios and the location of pending weather systems. This server-based solution helps them forecast the impact on their company's portfolio.

"We value our longstanding relationship with GeoDecisions, which has been built over several successful years of partnership," says Mark McCoy, insurance industry manager, Esri. "The solutions we are bringing to market together will help insurers make better decisions and help businesses and the community rebuild faster after an event."