Technology to massively reshape risk control

An Insurance Business Magazine article.

The risk control profession has massively changed of the past 50 years, and is set to change even more in the near future, according to an industry white paper by the risk management business of insurance giant Sompo.

The report credits the evolution to technological advances and an enhanced focus on property and employee safety, with more improvements expected over the next decade. To put it into perspective, a single modern smartphone is much more powerful than NASA’s combined computing power that first got man to the moon, illustrating how much today’s devices can accomplish.

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