McKenzie Intelligence Services (MIS), an imagery and geospatial intelligence consultancy firm, has launched what it said is the world’s first reinsurance industry-specific COVID-19 interactive incident dashboard.
The dashboard will allow users – including claims teams, exposure managers, loss adjusters and data scientists – to visualise large data sets mapping the impact of the coronavirus outbreak. Since the outbreak began in January, MIS has been curating data on travel restrictions, supply-chain disruption, social and economic regulatory change, government advice, cancelled events and the overall spread of the virus.
The data sets are available to examine in real time and download. Users can also rewind over time to understand the situation on any given day, or how an incident has evolved. Early adopters of the dashboard will include members of the Lloyd’s market, according to MIS.
The tool can help claims teams handling any class of business affected by the outbreak to understand the situation on the ground at the time the claim occurred, according to MIS.
“We sense claims will begin to arrive en masse, stretching teams that are now geographically disparate and adapting to new working practices,” said Vicky Mills, chief product officer at MIS. “As a result, teams may not have access to the usual office resources to deliver the collated data that will be vital to providing the unique and trusted claims service that is central to the industry and its ethos. A safe pair of reliable and trusted hands are required now to capture the data, store the data and make it available for usage, in a way that the market understands and can help with claims clarity and payments.”
“We are proud to be able to direct our resources towards assisting the industry and its clients to manage the ongoing challenges presented by this unprecedented event,” said Forbes McKenzie, founder and chief executive of MIS. “Thanks to the detailed intelligence we’re gathering from our trusted team of experts in both claims processes and infectious disease mapping and response, we hope to make an important difference to claims teams and exposure managers as they continue to map the impact of COVID-19.”