London, 17h November, 2020 — Balkerne, a provider of real-time risk management technology - SmartResilience, today announced that it has been named Best Use of Technology in Risk Management in the 2020 CIR Risk Management Awards. Judged by an independent panel of experts, the awards distinguish organisations and teams that have significantly added to the understanding and best practice of risk management.
Balkerne's platform enables property owners and insurers to prevent losses from man-made and natural events such as armed robberies, arson attacks, flooding, extreme weather and COVID-19 through predictive, actionable, and location-based intelligence.
The platform captures data from over 35 different sources including core property data, IoT, geospatial modelling, news and social media. Using machine learning, the platform recognises factors such as chronology, content context and geo-spatial relevance to build location intelligence and a live risk rating. Pre-emptive, timely and relevant advice built on location-based intelligence is sent to asset owners to prompt action to prevent potential losses. About CIR MagazineÂ
Since its launch in 1996, Continuity, Insurance & Risk has become essential reading for risk management, business continuity and commercial insurance purchasers. CIR‘s portfolio has expanded over time to include multi-channel campaigns, video, the Business Continuity Awards, the Risk Management Awards, Commercial Insurance Awards, roundtables and research. A market leader in the sector, the CIR brand has a strong reputation for independent, authoritative reporting and high quality analysis.
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