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GeoAnalytics –
A key component for insurance industry disruption
ESRI User Conference – Special Interest Group Insurance
San Diego, 10th of July 2018
Andreas Siebert, Head Geospatial Solutions
Image: used under license from Shutterstock.com
Source: Earthstar Geographics, Esri, Munich Re
Source: Earthstar Geographics, Esri, Munich Re
GeoAnalytics
Known challenges & New drivers1
Data
mesh-up
LI & BI
Integration
&
Access
Analytics
&
Methods
Drivers for
GeoAnalytics
GeoAnalytics in the insurance industry
Driving forces
© 2018 Münchener Rückversicherungs-Gesellschaft, NatCatSERVICE – Stand Februar 2018
Loss events worldwide 1980 – 2017
Overall and insured losses
US$ bn
Inflation adjusted via country-specific
consumer price index and consideration
of exchange rate fluctuations between
local currency and US$.
Overall losses
(in 2017 values)
Insured losses
(in 2017 values)
Source: BearingPoint, Roadmap 2025 – Zukunft braucht Umsetzung, 2017
Transformation – Best Practice Roadmap 2025
Source: Munich Re, 2018
IT Trend Radar 2018
„Of the 30 topics under study in
2017, location intelligence is
perceived as more critical than big
data, social media analytics or
Internet of Things (IoT).“
Source: Dresner Advisory Services, LLC, 2018
Technologies and initiatives strategic to business intelligence
Location Intelligence
Successful business cases2
Geospatial@MunichRe
System architecture - Providing Geoinformation via APIs
APIs
ArcGIS Server
CLIENT
APPLICATIONS
GeoDataService
(GDS)
GDS WebService
Geocoder
GEODATA
GeocodingGeospatial AnalyticsMaps
Data
Storage
Analysis-
Tools
In-memory-
Technologies
Cost-efficient
implementation
HDFS File System
Hadoop & Data Lake Tools
Existing HANAs
Structured transactional
business data
SAS LASR
Data for ad-hoc
in-memory analytics
HANA
Long term unstructured and structured data
Project Folders
User Folders
SAS Visual Analytics
SAS Enterprise Guide
SAS Enterprise Miner
SAS Contextual Analytics
SAS Data Loader
Access to Hadoop /
Embedded ProcessSAS Autoload Folders
Access to
HANA
Access to Oracle /
SQL Server
SAS Mobile BI
Terminalserver
Browser
MS Office Add-in
Cloud
Computing
Geodata-
Collection
Geo-
Analytics
Maps
Visualization
Geospatial@MunichRe
Integrating GeoAnalytics in new IT-architecture (data lake)
Spatial Analytics for Insurance Risks (SAFIR)
Collaboration platform for business solutions and innovation
Marine RiskMap –
Risk assessment for submarine infrastructure
Business case
Identify damage risk of planned
submarine infrastructure
Main user
Marine Speciality
Content
Risk map derived from AIS vessel
data; bathymetry
Functionality
Draw projected cable/pipeline and
analyze risk in real-time
Geospatial Portal
Summary
Risk assessment tools
Cyber infrastructure and political risks
Story map –
Loss assessment of Earthquake Ecuador
Business case
Present an innovative post-event
approach to share MR knowledge
with clients and stakeholders
Main user
Claims and client managers
Content
Drone/satellite images and
derived loss information
Functionality
Presentation and interactive
mapping
RiskMapper 2.0
Post-event loss estimation
Overlay your exposure
with real-time event
footprints to get a short-
term estimation of your
affected risks.
Image: used under license from shutterstock.com
Outlook
New technologies triggering
insurance processes & products
3
Remote Industries
Building classification based on NICB imagery
Remote Industries
Tailored claims classification for all damaged properties 6-10 days post-cat
Aerial Imagery
by NICB GIC
ArcGIS layer
AI made by Munich Re
Portfolio in ArcGIS
by each insurer
Claims Solutions
tailored to/by each insurer
Insurer-specific definition
of damage classes
 Property features e.g.
swimming pool
 Property sub-features
e.g. roof type
 Damage attributes
e.g. ”shingles ripped
off”
Remote Industries
Tailored claims classification for all damaged properties 6-10 days post-cat
Aerial Imagery
by NICB GIC
ArcGIS layer
AI made by Munich Re
Portfolio in ArcGIS
by each insurer
Claims Solutions
tailored to/by each insurer
Access
 via single claim view
in GIS or browser, or
 as batch upload into
insurer´s claims
administration
software
Dashboards – State-of-the-art access to information
Digitalization accelerates new fields of innovation
Internet of Things, BIM, Smart city/home, …
Source: ESRI, 2017
Location Intelligence & Business Intelligence
The merger of two data worlds
Location
Intelligence
(GIS)
Business
Intelligence
(Economy)
Image: Bayerische Zugspitzbahn Bergbahn AG / Lechner
Thank you!
Andreas Siebert
asiebert@munichre.com
Image: Munich Re
© 2018 Münchener Rückversicherungs-Gesellschaft © 2018 Munich Reinsurance Company

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GeoAnalytics a key component for insurance industry disruption

  • 1. GeoAnalytics – A key component for insurance industry disruption ESRI User Conference – Special Interest Group Insurance San Diego, 10th of July 2018 Andreas Siebert, Head Geospatial Solutions Image: used under license from Shutterstock.com Source: Earthstar Geographics, Esri, Munich Re Source: Earthstar Geographics, Esri, Munich Re
  • 3. Data mesh-up LI & BI Integration & Access Analytics & Methods Drivers for GeoAnalytics GeoAnalytics in the insurance industry Driving forces
  • 4. © 2018 Münchener Rückversicherungs-Gesellschaft, NatCatSERVICE – Stand Februar 2018 Loss events worldwide 1980 – 2017 Overall and insured losses US$ bn Inflation adjusted via country-specific consumer price index and consideration of exchange rate fluctuations between local currency and US$. Overall losses (in 2017 values) Insured losses (in 2017 values)
  • 5. Source: BearingPoint, Roadmap 2025 – Zukunft braucht Umsetzung, 2017 Transformation – Best Practice Roadmap 2025
  • 6. Source: Munich Re, 2018 IT Trend Radar 2018
  • 7. „Of the 30 topics under study in 2017, location intelligence is perceived as more critical than big data, social media analytics or Internet of Things (IoT).“ Source: Dresner Advisory Services, LLC, 2018 Technologies and initiatives strategic to business intelligence
  • 9. Geospatial@MunichRe System architecture - Providing Geoinformation via APIs APIs ArcGIS Server CLIENT APPLICATIONS GeoDataService (GDS) GDS WebService Geocoder GEODATA GeocodingGeospatial AnalyticsMaps
  • 10. Data Storage Analysis- Tools In-memory- Technologies Cost-efficient implementation HDFS File System Hadoop & Data Lake Tools Existing HANAs Structured transactional business data SAS LASR Data for ad-hoc in-memory analytics HANA Long term unstructured and structured data Project Folders User Folders SAS Visual Analytics SAS Enterprise Guide SAS Enterprise Miner SAS Contextual Analytics SAS Data Loader Access to Hadoop / Embedded ProcessSAS Autoload Folders Access to HANA Access to Oracle / SQL Server SAS Mobile BI Terminalserver Browser MS Office Add-in Cloud Computing Geodata- Collection Geo- Analytics Maps Visualization Geospatial@MunichRe Integrating GeoAnalytics in new IT-architecture (data lake)
  • 11. Spatial Analytics for Insurance Risks (SAFIR) Collaboration platform for business solutions and innovation
  • 12. Marine RiskMap – Risk assessment for submarine infrastructure Business case Identify damage risk of planned submarine infrastructure Main user Marine Speciality Content Risk map derived from AIS vessel data; bathymetry Functionality Draw projected cable/pipeline and analyze risk in real-time
  • 13. Geospatial Portal Summary Risk assessment tools Cyber infrastructure and political risks
  • 14. Story map – Loss assessment of Earthquake Ecuador Business case Present an innovative post-event approach to share MR knowledge with clients and stakeholders Main user Claims and client managers Content Drone/satellite images and derived loss information Functionality Presentation and interactive mapping
  • 15. RiskMapper 2.0 Post-event loss estimation Overlay your exposure with real-time event footprints to get a short- term estimation of your affected risks.
  • 16. Image: used under license from shutterstock.com Outlook New technologies triggering insurance processes & products 3
  • 18. Remote Industries Tailored claims classification for all damaged properties 6-10 days post-cat Aerial Imagery by NICB GIC ArcGIS layer AI made by Munich Re Portfolio in ArcGIS by each insurer Claims Solutions tailored to/by each insurer Insurer-specific definition of damage classes  Property features e.g. swimming pool  Property sub-features e.g. roof type  Damage attributes e.g. ”shingles ripped off”
  • 19. Remote Industries Tailored claims classification for all damaged properties 6-10 days post-cat Aerial Imagery by NICB GIC ArcGIS layer AI made by Munich Re Portfolio in ArcGIS by each insurer Claims Solutions tailored to/by each insurer Access  via single claim view in GIS or browser, or  as batch upload into insurer´s claims administration software
  • 20. Dashboards – State-of-the-art access to information
  • 21. Digitalization accelerates new fields of innovation Internet of Things, BIM, Smart city/home, … Source: ESRI, 2017
  • 22. Location Intelligence & Business Intelligence The merger of two data worlds Location Intelligence (GIS) Business Intelligence (Economy)
  • 23. Image: Bayerische Zugspitzbahn Bergbahn AG / Lechner Thank you! Andreas Siebert asiebert@munichre.com Image: Munich Re © 2018 Münchener Rückversicherungs-Gesellschaft © 2018 Munich Reinsurance Company

Editor's Notes

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  2. Our services for you DHL use drones to deliver medical supplies to a small German island DHL will use drones to deliver medical supplies to a small German island. The company's quad-rotor "parcelcopter" will transport packages to the island of Juist, home to between 1,500 and 1,700 people, and DHL claims this marks the first unmanned drone delivery service to launch in Europe. Flights will occur daily through October; Reuters says the drone will make trips when ferries and flights — the typical methods of traveling to Juist — aren't runnin Please contact us, if you are facing a challenging task in which a flying robot can provide useful services. Some examples are highly dangerous applications that may pose risks to humans (risk of falling, suffocation, drowning and poisoning). Also, the location of the inspection site may be critical factor when entering is difficult or impossible. From the economic perspective, the costs of employing a flying robot are 1/10 th to that of a helicopter. We assist you in the planning process, and give you advice on the options of our flying robots. Levee  & Seawall Protection Waterways (water, sewer) Pipelines (air, oil, gas Piping Systems (air, liquids) Monuments and Historical Excavations Landfills (entry and removal documentation) Control Structures (for rock fall, avalanche, flood & hillside protection) Botanical Gardens and Zoos Silos, tanks, bulk containers, cisterns Commercial Farm Greenhouses Cable Railways Documenting Installations Documenting Disassembly Transport Documentation
  3. Our services for you DHL use drones to deliver medical supplies to a small German island DHL will use drones to deliver medical supplies to a small German island. The company's quad-rotor "parcelcopter" will transport packages to the island of Juist, home to between 1,500 and 1,700 people, and DHL claims this marks the first unmanned drone delivery service to launch in Europe. Flights will occur daily through October; Reuters says the drone will make trips when ferries and flights — the typical methods of traveling to Juist — aren't runnin Please contact us, if you are facing a challenging task in which a flying robot can provide useful services. Some examples are highly dangerous applications that may pose risks to humans (risk of falling, suffocation, drowning and poisoning). Also, the location of the inspection site may be critical factor when entering is difficult or impossible. From the economic perspective, the costs of employing a flying robot are 1/10 th to that of a helicopter. We assist you in the planning process, and give you advice on the options of our flying robots. Levee  & Seawall Protection Waterways (water, sewer) Pipelines (air, oil, gas Piping Systems (air, liquids) Monuments and Historical Excavations Landfills (entry and removal documentation) Control Structures (for rock fall, avalanche, flood & hillside protection) Botanical Gardens and Zoos Silos, tanks, bulk containers, cisterns Commercial Farm Greenhouses Cable Railways Documenting Installations Documenting Disassembly Transport Documentation