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The Strategic Use Of Geographic Information Systems In The Irish Insurance Industry, Stephen Willis Jan 2007

The Strategic Use Of Geographic Information Systems In The Irish Insurance Industry, Stephen Willis

Masters

The motivation for the research arose from the significant increase in flooding events that have occurred in Ireland and other countries over the last decade. These floods can cause major damage to properties and have resulted in significant losses for insurance companies. There was an expression of interest from within the Irish insurance industry to utilise Geographic Information Systems (GIS) for enhancing the value of their customer data and with the recent losses they began considering using GIS for mapping flood prone areas. Anecdotal evidence suggested that the availability of accurate, up to date and relevant data to support a …