Political Violence
Contributed to the integration of diverse risk data into Foundry, enabling granular political‐violence risk scores and significantly enhancing reinsurance pricing accuracy and geopolitical risk‐mitigation strategies.
Challenge
Lack of standard analysis for riot, terrorism, and political violence risks. Integration of diverse, unstructured data (news feeds) was required.
Solution
Integrated 20 data sources to generate granular risk scores. Incorporated scores into actuarial pricing models. Developed a Workshop application with map widgets for visualization.
Results
Improved ability to mitigate geopolitical risks and refined reinsurance pricing. Established a robust framework for ongoing risk analysis innovation.