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Canadian Underwriter, DMTI Spatial offer free webinar on location for real-time risk management of nat cat events


February 6, 2015   by Canadian Underwriter


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The managing director of the Institute for Catastrophic Loss Reduction (ICLR) is scheduled to speak March 11 on a webinar on how location information can help reduce insurers’ exposure to losses.

June 21, 2013: The Elbow river flows through Calgary’s Mission neighbourhood after the city experienced record flooding.

Canadian Underwriter magazine and DMTI Spatial Inc. will produce the webinar, titled The growing importance of location for real-time risk management of natural catastrophic events. There is no fee to register.

Glenn McGillivray, managing director of the Institute for Catastrophic Loss Reduction, will be addressing a webinar on how location information can help reduce insurers' exposure to losses.

Scheduled speakers are ICLR managing director Glenn McGillivray (pictured, left) and Phil Kaszuba, president of DMTI Spatial (pictured, below, right), a Markham, Ont.-based vendor whose products include location-based software and data.

The webinar is scheduled to start at 10:30 a.m. Eastern Standard Time, Wednesday March 11 and will be about 40 minutes in length.

Click here to register or follow this link: http://bit.ly/natcatwebinar15.

A question and answer session will follow.

Phil Kaszuba, president of DMTI Spatial

The Institute for Catastrophic Loss Reduction claims that from 2009 to 2014, Canadian insurers paid out upwards of $8 billion in weather related claims.

McGillivray and Kaszuba will discuss why weather related claims losses are rising and how location can provide the pivot-point to reducing exposure on an insurer’s book of business by analyzing and acting upon an event in real-time.

Among other offerings, DMTI says its location information products can help insurance providers assess their potential exposure in the event of a disaster and to analyze local and regional patterns in their claims history.

ICLR is a centre for multi-disciplinary disaster prevention research and communications. ICLR provides information on how property losses – from flooding, strong wind, earthquake and wildfire risk – can be reduced. The ICLR was established by Canada’s property and casualty insurance industry as an independent, not-for-profit research institute affiliated with the University of Western Ontario.

The webinar will also be archived post-event for on-demand viewing by registrants.


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