Munich Re: How Data and AI Reduce Risk from Global Calamities

Technology is at its most impactful when it is applied to addressing big problems. Perhaps there are no bigger problems than the occurrence of calamities, whether in the form of natural disasters, epidemics, or other catastrophic events. It is in response to seismic events, that fast actions can ameliorate acute conditions and mitigate potentially greater disaster. Such was the case in the wake of the recent super Hurricane Florence which had a massive regional impact when it struck the continental U.S. and devastated the Carolinas with severe flooding and widespread damage. It was in the wake Hurricane Florence that Munich Reinsurance Company, commonly known as Munich Re, stepped into the aftermath to help devastated homeowners and business owners get back on their feet, as it has in response to past calamities.