Case Study: Covéa (French mutual insurance group) anticipates and reduces climate risk exposure with Pitney Bowes' Spectrum Spatial Analyst

Covéa anticipates and reduces its risk exposure with Spectrum Spatial Analyst

Covéa, a leading French mutual insurance group covering over 11.5 million people, faced rising climate- and technology-driven exposures and tighter prudential rules (Solvabilité 2, Catnat changes) that demanded an enterprise-wide risk management approach. To move beyond specialist desktop analyses and integrate third‑party geographic and meteorological data into everyday decision-making, Covéa turned to Pitney Bowes and its Spectrum Spatial Analyst solution.

Pitney Bowes implemented Spectrum Spatial Analyst to combine geocoded internal portfolios with climate, natural disaster and demographic datasets, delivering dynamic maps and dashboards via the corporate intranet and the Cogéorisks application. The solution enabled continuous improvement of risk algorithms, more accurate pricing for complex industrial sites, area-based risk calculations and coordinated on-site customer support, giving Covéa a group-wide decision tool across its three brands and turning spatial analysis into a measurable competitive advantage.

Covéa

Charles Dumartinet

Project Director, Analytics Risks