Big data analytics gives CFOs huge insights into potential business risks
Tech-savvy Financial Officers are benefiting from the analysis of years of data from losses caused by fire, flood, earthquakes, wind and equipment failure. There are terabytes upon terabytes of data, that has been collated by engineers on site visits, just waiting to be leveraged.
In this Reason Magazine article, FM Global’s Gary Love, VP Manager Operations Underwriting, explains how, armed with the right information and advice, it’s getting easier for CFOs to take the right risk management actions with surprising precision.