Catastrophic natural events continue to increase in frequency and severity, turning homeowners’ lives upside-down before, during, and after an event. Insurers face the challenge of managing a large influx of claims as quickly as possible for many affected policyholders with limited resources. Munich Re is a leading global provider of reinsurance, primary insurance and insurance-related risk solutions. Munich Re’s CatAI Solution built on Amazon Web Services (AWS) is an innovative product creating actionable data from aerial imagery that speeds the recovery process for all involved (policyholders, claims handlers, carriers). The CatAI Solution is designed to expedite the claims process by property-specific roof damage detection shortly after landfall—for more effective claims triage.
In this webinar, you will hear from Thilo Horner, Lead Start-up Remote Industries, Venture Builder Munich Re, Dr. Ulrich Nöbauer, Senior Technical Data Specialist, AI Engineer Munich Re, and Sid Singh, Principal Solution Architect, AWS Financial Services, how Munich Re uses Amazon SageMaker to power its precision damage assessment, allowing for more accurate resource deployment, reduced loss adjustment expenses (LAE), and an expedited claims process.