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One of the world’s largest insurance companies expedites risk selection decisions to serve clients better by using best-in-class global information in its internal models. For instance, the firm gave 328 underwriters access to geo-political risk scores for every 500m2 sector of the earth’s surface and risk assessments for 6,400+ terrorist targets in 90 countries.
One of the world’s largest oilfield service providers enhanced the forecasting accuracy of its oil rig count model from 90 to 97.6 percent, predicted the impact of price changes on customer spending and demand for product lines (by leveraging 3,500 factors) and created a model that predicted the deflation of WTI crude oil prices in late 2014.Learn More About Our Customers Success
This premier aircraft manufacturer produced Flying on Demand, Global Market Forecast 2014-2033, a reference book that provides comprehensive economic, financial and political coverage of 200-plus countries. Stakeholders throughout the commercial airline industry rely on the book’s insights regarding product innovation, production and planning.
A global insurance industry leader brought efficiency to risk selection by standardizing with one information provider across all underwriting decisions. This firm thereby reduced research costs by 20%, established a ‘center of excellence’ internally and fueled growth by gaining insights to write risk in areas where others held back.
In February 2015, IHS forecast that the conflict in Ukraine was likely to freeze at the line of contact between Ukrainian and separatist forces. Since then, fighting has continued in Eastern Ukraine but has stabilized in location along that line. Using geospatial analysis of event data, IHS was able to identify increases and decreases in the intensity and..more
Automated processes that ensure the quality of intelligence inputs and improve the value of existing data have the potential to augment analytical processes—in this case, helping pinpoint changing trends in militant activity in Iraq. A standard search of the IHS Country Risk database of intelligence events for improvised explosive device (IED) at..more
With oil price volatility complicating investment planning for petrochemicals companies, IHS cautions that an extended period of low crude oil prices could create 1980s-style economic conditions. Falling crude oil prices have significantly affected the petrochemical industry since the November 2014 OPEC meeting, creating challenges for chemical companies..more
Europe's defense industry is set to reap a $50B windfall ramp up spending on military capabilities https://t.co/T7GmzIFExO
Q&A with Daniel Yergin: US shale boom shaking up the global energy order. Read it here https://t.co/E8wL6KjuPP
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