Interest in better wildfire detection and suppression is growing in the wake of massive fires in California and Australia — costly disasters that are expected to become more common as climate change makes some areas drier and hotter.
Falvey does a lot of work in the life sciences, and a lot of pharma business is centralized in a couple of areas around the country — including some in Tennessee, which recently experienced very damaging tornadoes.
Increasingly, climate change is becoming a pervasive business risk that is perilous to ignore. Flood, drought, wildfire, severe windstorms, and other anomalous weather effects will likely jeopardize most every organization in time, whether directly or indirectly.
Rather than searching for permutations of claims characteristics in swathes of data, you tell the machine to look for claim cohorts that are experiencing unexpected development – and set it off to do the searching.