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.
Details
Service Offering
Implementation
Industry
Insurance
ROI
3-4x from year 1, compounding over time
Challenge  
  • No standard analysis and quantification of risks related to riots, terrorism, and political violence
  • Complex integration of multiple structured and unstructured data sources, incl. real-time news feeds and historical data
  • Absolute need for data pipelines to remain accurate and up to date while providing actionable insights for pricing and risk mitigation
Solution  
  • Participated in integrating 20 diverse data sources into a unified framework to generate granular political-violence risk scores
  • Supported the incorporation of those risk scores into actuarial pricing models to inform more accurate reinsurance underwriting
  • Helped develop a bespoke workshop application featuring customizable map widgets for intuitive visualization and dynamic exploration of geopolitical risk patterns
Results  
  • Contributed to a marked improvement in the client’s ability to mitigate geopolitical risks by integrating political‐violence risk scores into their pricing models
  • Supported the delivery of detailed visualization tools and a scalable platform, empowering teams to explore and act on risk insights for current and future projects
  • Helped enhance operational efficiency and establish a robust framework for ongoing innovation in risk analysis and management

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