LI BLOG

Data and Insights on Adults Living with their parents
Consulting

Uncovering Spatial and Demographic Insights into Adults Living with Parents

In this article, we bring together numerous pieces of spatial and demographic data to build up a full picture of the areas in Ireland where many adults aged 18 and above are living with their parents. Explore different charts which compare adults who reside with their parents on a number of features: age, group, gender and economic activity.

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Insurance

Unlocking Property Intelligence: Navigating Natural Hazards with Data and Collaboration

Unveiling key insights from a dynamic webinar on property intelligence and natural hazard management. This blog explores crucial takeaways on hazard data analytics, risk mitigation strategies, and the evolving catastrophe modelling market. Also, it underscores the power of collaborating with data providers who can adapt and evolve with changing needs, thereby enhancing decision-making capabilities.

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Insurance

Sustainable Insurance Summit 2023 – Key Takeaways

The 2023 Sustainable Insurance Summit emphasised pragmatic sustainability action, focusing on long-term vision and forward-thinking. Transitioning from an annual renewal loop to a future-looking approach is challenging but essential. Despite the data-centric struggles, starting somewhere is crucial, keeping in line with upcoming regulatory compliance and nurturing growth. This blog delves into these insights from the Summit.

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Consulting

Gamma maps out Census data to show property patterns across Ireland

The 2022 Census data has revealed notable shifts in Ireland’s property landscape. With 37% of homes now owned outright, an increase of 7.1% in private home ownership, and the dwindling prevalence of bedsits, the property market is mirroring the effects of a maturing population and increasing household numbers, thereby signifying a subtle yet impactful change in property preferences across the country.

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Location Labs

Embracing Energy Efficiency: How Homeowners are Adapting to the Growing Demand for Renewable Energy

In this blog post, we discuss the growing trend of homeowners turning to renewable energy solutions, such as heat pumps and solar PV panels, in response to rising energy costs and environmental concerns. Learn how these technologies can significantly improve a home’s energy efficiency and reduce its carbon footprint, and discover how the BERWOW tool can help assess your home’s readiness for renewable energy upgrades.

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Insurance

The Irish Climate Tech Opportunity 2023

In January 2023, PwC Ireland and SustainabilityWorks Ireland published their Irish Climate Tech Opportunity report. This brief blog summarises the key takeaways from the report that features Gamma Location Intelligence – and our sister company BERWOW. Whilst the focus is on the Irish market, the key takeaways are applicable to us all – regardless of geography.

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Consulting

Urban Heat Islands in Ireland

With record temperatures across Europe in 2022 the magnifying impact of urban heat islands was even more prevalent. In Ireland’s largest cities this effect was unevenly distributed; which areas were most impacted in Cork and Dublin?

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Insurance

Webinar Overview: GeoInsurance UK 2022

PROPERTY LEVEL ASSESSMENT OF CLIMATE RISK AND IMPACT. WHAT ARE THE CORE REQUIREMENTS?​

If you are a residential or commercial property insurer then take a look at this summary of the UK webinar (originally held during December 2022). We cover what the market view is in terms of reporting on climate-related risks, what the challenges are when it come to measuring impacts on existing books of business, and an approach to reporting that may just help you start that journey.

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Insurance

Webinar Overview: GeoInsurance Ireland 2022

NEW RISKS AND MEASURES FOR PROPERTY IN A CHANGING CLIMATE
This blog is a summary of the webinar session held at the end of 2022. We look at use cases for different data types when determining residential rebuild costs and pricing risk, an approach to understanding the forward-looking impact of acute and chronic hazards on assets/properties and measuring climate-related impacts on existing books of business.

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Insurance

InsTech in conversation with Richard Garry and Feargal O’Neill

Gamma Location Intelligence provides software and data services to help insurers better understand location risks.
Instech’s Matthew Grant was joined by Richard Garry, Gamma LI’s Chief Commercial Officer, and CEO Feargal O’Neill for podcast 212. We recommend listening to the 30 minute podcast to get the full benefit of this discussion.

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Insurance

Gamma collaborates with MGAM on major public sector deal in UK

Gamma Location Intelligence and MGAM are supporting the Department for Levelling Up, Housing and Communities in the UK with a solution to provide Professional Indemnity Insurance to external wall system assessors. This partnership serves as part of Gamma’s ongoing growth strategy and continued international expansion.

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Insurance

WEBINAR: GeoInsurance UK 2022

PROPERTY LEVEL ASSESSMENT OF CLIMATE RISK AND IMPACT. WHAT ARE THE CORE REQUIREMENTS?​
Insurers and MGAs are engaged on net zero journeys leading the way with positive policies to tackle climate change. One such requirement within ESG reporting is the measurement of risks and impacts that their property books face. This webinar explores some of the challenges and practical approaches taken to track and report on risks and impacts of property class assets.

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Insurance

WEBINAR: GeoInsurance Ireland 2022

NEW RISKS AND MEASURES FOR PROPERTY IN A CHANGING CLIMATE
Climate change is bringing new requirements for property-level data and models to better assess changing peril risks and climate impacts. What can insurers do in Ireland to address this challenge?

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Insurance

WEBINAR: GeoInsurance España 2022

EVALUANDO LA VARIACIÓN DE RIESGO DE INUNDACIONES SOBRE BIENES INMUEBLES
Gamma Location Intelligence ofrecerá un webinar el martes 29 de noviembre para analizar las provincias con mayor riesgo de inundaciones en España.
A pesar de que el calor y la sequía han copado los titulares este verano, grandes regiones de España son vulnerables ante las inundaciones pero ¿cuáles son las provincias con mayor riesgo?

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Insurance

Tracking climate risk – slow, slow then fast

InsTech’s Matthew Grant was joined by Gamma Location Intelligence’s Chief Commercial Officer, Richard Garry and CEO, Feargal O’Neill. The discussion includes the challenges of local address data in Ireland and the UK, measuring carbon emissions, creating complete crime data analytics from different sources and how they’re working with partners.

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Consulting

Hotspots in Dublin: The view from space

A recent story from Bloomberg looked at heat and cool islands in a range of global cities, from London and Seville in Europe to Delhi, Los Angeles, Melbourne and Fez in Morocco. Dublin didn’t make the list, but we at Gamma were able to map out heat islands and cooler areas in the city using Thermal Infrared Sensor (TIRS) data from Landsat 8. 

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Insurance

Gamma signs deal with Superscript to drive innovation in small business insurance

Superscript delivers subscription-based policies and is transforming business insurance to meet the fast-changing needs of SMEs. Its advisory service, ‘SuperscriptQ’, helps high-growth technology businesses to secure cover easily. To support its offering, Superscript is also building an impressive partner network, having already joined forces with Virgin Money, Amazon and Starling.

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Insurance

Expanding Property Risk Platforms to Assess Climate Change Impacts – Resources

Recommended Resources: Published materials relating to ESG, GHG, and the drive to Net-Zero. This “companion blog” provides links to published materials highlighted during the MGAA webinar in which Gamma – alongside partners at Sust Global and First Derivative – shine a light on climate change and the regulatory requirements to report on direct and indirect carbon emissions. A potentially onerous task for MGAs and insurers alike that we can help streamline.

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Insurance

Expanding Property Risk Platforms to Assess Climate Change Impacts – Overview

ESG, GHG, the drive to Net-Zero… the focus on climate change and the regulatory requirements to report on direct and indirect carbon emissions for insurance businesses of all sizes is an onerous task. Gamma – alongside partners at Sust Global and First Derivative – participated in an MGAA webinar to shine a light on the topic and provide some guidance. This blog covers some of the key points raised.

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Insurance

Utilising Location Intelligence to future proof MGAs

Looking for better ways of assessing property risk..? Finding that implementing data and software solutions is overwhelming..? Then perhaps this brief review is the antidote you are seeking. At the very least, it might prompt you to get in touch and have a conversation. We always like to help. We don’t believe in making things difficult.

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Insurance

Sustainable Insurance Summit 2022 – Key Takeaways

Sustainability and ESG is yet another topic that is overwhelming many organisations within the insurance sector. Knowing where to start and what good looks like in terms of driving towards net-zero from an investment and underwritten business perspective is hard. There was some great advice at the Sustainable Insurance Summit at the end of January 2022. Hopefully, this summary is helpful.

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Location Labs

Climate Change & Windstorms: UK and Ireland

Climate change is already affecting our daily lives, but its effects upon the weather will become far more marked in the years to come. Property insurance premiums are affected by the impact that storms and wind speeds have on buildings and the built environment. However, the windstorm evidence and projections for the impact of climate change are not well developed. In this article, together with MetSwift, we explore the observed trend in strong wind events since the 1970s, using a 50 mph wind gust threshold.

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GeoInsurance & Climate Change 2021
Insurance

Webinar Overview: GeoInsurance UK 2021

GEOINSURANCE AND CLIMATE CHANGE: ADDRESSING TODAY FOR THE UNWRITTEN TOMORROW​
Climate-related risk. Regulatory compliance. Cloud-based solutions. Data… data… data. It’s a lot to take on-board. Even more to understand how it can truly benefit your business. Some of the detail to get you started or help you on your journey is here. Helping you to address today for the unwritten tomorrow… might be simple conversation and the odd presentation away.

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GeoInsurance Ireland 2021 - AddressLink
Insurance

Webinar Overview: GeoInsurance Ireland 2021 – Part 2

ADDRESSLINK: A NEW SINGLE-SOURCE PROPERTY DATA API FOR THE ISLAND OF IRELAND​
Accessing property-level data has long been held as the dubious privilege of those with deep financial pockets – AddressLink has the potential to change that for any business with a desire to manage assets and data at such a granular level. Take a look at the rationale behind why Gamma has built this solution. Perhaps it’s time to consider a solution that might change the game for your business.

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GeoInsurance Ireland 2021
Insurance

Webinar Overview: GeoInsurance Ireland 2021 – Part 1

CLIMATE RISK, REGULATORY CHANGES & NEW DATA: WHAT’S THE FORECAST FOR IRELAND?
Climate change persists, and its impacts are more than environmental. It will continue to affect how businesses adapt and mitigate the risks they face. And whilst predictions have the potential to seem overwhelming – the key message for all is that the ability to assess changing risks and align with regulatory pressures is not insurmountable. Perhaps we can help you find an antidote in a sea of potential chaos.

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Retail

Mapping the Work-from-Home Spenders

How has Covid-19 redistributed demand in Ireland? Where is COVID-19 having the greatest impact on daytime demand for goods and services in Ireland? Where has the loss of daytime workers and students had the greatest impact on local business? Gamma Location Intelligence has used its data banks to analyse the patterns emerging in this area and released research on the findings.

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Insurance

Gamma Appoints Michael Gaughan as Head of Strategic Growth – Risk Solutions

Michael will be responsible for leading the international expansion of Gamma Location Intelligence’s insurance offering. In particular, he will be overseeing the vertical growth strategy for Perilfinder – the company’s leading risk assessment, exposure management and reporting solution – across the insurance, MGA and mortgage lending industries in the UK.

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Retail

Gamma… helping clients to see the data wood, from the data trees…

Are you facing a data-oriented challenge that you need to overcome before you can access the right data, at the right time, in the right way? Data and analytics projects can cause organisations more pain than they resolve. Yet sometimes all it takes is the involvement of a trusted partner who can help you see the wood from the trees…

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Retail

Data… the root of – and solution to – problems

Looking to understand the main pain points of businesses who use technology and data to make informed decisions, Jason Day has recently shared a poll on LinkedIn asking: 
“When you are producing insight used for decision making within your business, which of the following always adds time into your process…” 
The results show that inadequate data can be the root of many problems.

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Retail

The science of where… the geography behind what next

Richard Cantwell, Principal Consultant at Gamma, recently spoke to the Business Post about the science of where and the value of geographical data for industries like retail and insurance.
Over the last 16 months, there has been a huge shift in the daily lives of Irish people, with changes to how they behave, as well as where they move to and from. In fact, many continue to work or study (and spend) where they live.

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Consulting

Gamma Location Intelligence wins SME of the Year at the Analytics & AI Awards 2021

Gamma LI is proud to announce that it has won the SME of the Year award at the Analytics & AI (Artificial Intelligence) Awards 2021. Hosted virtually by the Analytics Institute on the 17th of June 2021, the awards celebrate analytics-based and AI-driven innovation. Gamma LI was crowned SME of the Year by the judges in recognition of its demonstrated technological innovation and business acumen in a competitive market.

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Insurance

Gamma predicts €5.7M in UK revenue by 2025 & signs deal with MGAM

Gamma, the location intelligence company which provides risk assessment technology to Property & Casualty (P&C) insurance companies, predicts that it will generate €5.7 million in revenues in the UK market by 2025. This follows a deal the location risk solution provider has signed with MGAM, an industry leader which is transforming the landscape of the insurance market.

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Insurance

InsTech London
Member Spotlight:
Gamma LI

Richard Garry talks to InsTech London’s Simon Fyles about location intelligence innovation, climate change risks, and how Gamma Location Intelligence helps insurers reduce risk by harnessing AI, data science and spatial analytics to produce solutions to geographical questions.

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Retail

How will retail chains change after Covid?

In terms of the economic impact of Covid-19, few would argue that the retail and hospitality sectors haven’t suffered most. And as with the pandemic itself, the retail categories with existing underlying issues are experiencing the severest impacts. Those with efficient store networks and established digital channels fared best. And the omnichannel balance will be just as crucial going forward.

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Insurance

Webinar Overview: GeoInsurance Ireland – Part 2

If you didn’t get the opportunity to check out the second GeoInsurance Ireland webinar, which discussed new data developments and the use of geospatial data in parametric insurance and motor fraud modelling, here’s a short overview. You can also watch it on-demand.

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Insurance

Webinar Overview: GeoInsurance Ireland – Part 1

If you didn’t get the opportunity to check out the first GeoInsurance Ireland webinar, which focused on what’s new in geolocation for the insurance sector, and how advances in artificial intelligence are facilitating the development of new risk models, here’s a short overview. You can also watch it on-demand.

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Insurance

Gamma partners with Ordnance Survey to enhance data accuracy in the UK market

Gamma has agreed a partnership with Ordnance Survey (OS) to deliver the full set of data published by OS through its Perilfinder™ platform. This partnership will allow Gamma to move beyond open data, where greater accuracy is demanded. The full suite of OS datasets will help to enhance Gamma’s risk assessment offering and support its expansion into the UK market.

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Consulting

The Revival of Direct Household Marketing

Apart from the Grocery and Pharmacy sector, businesses in Ireland have been severely impacted over the past few months. The spread of Covid-19 and the subsequent lockdown has essentially bought businesses to a standstill.

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Insurance

Gamma’s Perilfinder™ Expands Coverage

Gamma has agreed a partnership with JBA Risk Management to deliver their European flood data through its innovative Perilfinder™ insurance platform. The deal will allow Gamma to roll out its platform to P&C insurance clients across EMEA and bring the fast, intuitive benefits of the combined solution to many more markets.

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Retail

An Omnichannel Approach to Retail Planning

Almost every week, we hear about a brand restructuring its retail store network. Most are downsizing, or rightsizing, their physical store estates, but some are seeking to open stores. It is representative of the considerable changes occurring across the retail landscape today, particularly in relation to the location of retail assets.

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Consulting

Spatial Insights into CSO Income Profile

Accurate profiles of income range at very small geographies are useful for so many aspects of decision-making, from targeting a direct-mailing campaign at the households most likely to respond, to expanding a store network into the affluent and under-served market gaps. This new release allows us to further refine our existing income model.

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Retail

How Convenient is your Brand?

As consumers, we all want convenience; it makes our lives easier. Our pursuit of hassle-free shopping has led to the rise of online and click-and-collect channels, leaving bricks and mortar stores exposed. While they may offer the same products at a similar price, many of them are losing battle ground on the convenience front.

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Consulting

ISO 27001 Certification

Gamma is delighted to announce that we have been awarded ISO 27001:2013 certification. Information security and data protection are of supreme importance to organisations globally who are safeguarding both their customers and company data against potential threats.

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Retail

How Convenient is Your Network for the New World of Retail?

Driven by increased expectations for transactional speed and quick and easy delivery options available online, the new consumer demands convenience. Services such as Amazon Go and “same-day” delivery satisfy this demand and will come to Ireland sooner or later. So how do Irish retailers compete?

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Consulting

Complex Data Capture: Leveraging MapInfo and FME

Gamma recently carried out a large-scale data capture project which involved map digitising, quality control and data production for a client. We brought together the data creation capabilities of MapInfo Pro and the automation functionality of FME and delivered the project to spec, on time and within budget. To quote the client “we couldn’t be any happier with the quality of the mapping and service delivered”

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Insurance

Serverless in GIS

As GIS systems become more widely used, there is an increasing demand for infrastructure to support them. The obvious way to extend processing capacity for GIS application is by scaling horizontally and simply adding more machines. Serverless technologies now offer a more beneficial alternative.

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Retail

What kind of business are you?

Traditional retailers are fearful that the disrupters may have finally worked out a way to solve the old dilemma – you can’t be quick and good and cheap. If queues are no longer needed, transactions instantaneous and quality product offered at a reasonable price (with lower operational costs) – can Amazon Go be Good, Cheap & Fast?

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Consulting

Location Planning on Location

Last week some of our location analysis team were on location in London to attend an event run by our friends at Geolytix, who were marking the arrival of the Chinese New Year with an event that looked at retail location analysis across Europe and the Far East.

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Retail

How to Optimise a Store Network for a New World of Omnichannel Retail

I’ve been optimising and analysing store-network locations for over twenty years and for the most part the requirements haven’t changed significantly. Typically, the analyst identifies the existing network, the target market segment and the desired travel time for customers. With a few other constraints, and using some smart statistics, geographic gaps are identified and ranked until you have your desired optimum target locations.

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Retail

A fresh look at retail store planning – Embracing the change

Retail location planning as a strategy has changed forever. It has become more complicated and more multi-dimensional and now requires a broader and more flexible view on the required retail presence. Those who are evolving quickest will be able to engage best with a generation for whom convenience, flexibility and service are paramount.

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Consulting

GIS Ireland 2017: Key Takeaways

Wednesday 15th November, which was World GIS Day, saw the rescheduled GIS Ireland conference take place following its postponement in October due to Hurricane Ophelia. The irony of an event themed on Climate Change being postponed due to Climate Change was not lost on the conference organising committee who had to make the difficult but correct decision to call the event off last month.

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Retail

Storecast™ Newsletter – November 2017

Times have changed and location planning now involves designing store networks and touch points that reflect the changing nature of retailing, with ever-evolving e-commerce models offering a multitude of interaction points.

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Insurance

Perilfinder™ 3.0 – What’s New?

The latest release of Perilfinder™, version 3.0, is out now. The focus of this release was to make the interface and reporting simpler, faster and smarter. So, what’s new in Perilfinder™ 3.0?

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Consulting

Growth and Decline of the Irish Population between Census 2011 & Census 2016

Last week, following the publication of Census 2016 Small Area Population Statistics, we have released a map of Ireland’s 2016 population as a line chart. We added some history to last week’s population map, by comparing the figures from Census 2011 with the figures from Census 2016. We used colour to highlight changes of more than 100 people or more than 5% of the 2011 population.

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Consulting

Ireland in Detail – Census 2016

The detailed Census 2016 Small Area Population Statistics are out today. We are digging through the data now, and in the next few days, we will begin updating our models and analytics engines with this new data. We will also be pointing out some of the more interesting, useful and surprising results from this data release in the upcoming days.

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Consulting

Ireland’s Changing Population

The CSO published more Census 2016 data last week, Profile 3 – An Age Profile of Ireland. At Gamma, we are eagerly awaiting the publication of all the other census data at the extremely detailed Small Area level which is due later this month. In the meantime, this publication contains a range of interesting trends and insight into Ireland’s rapidly changing demographics.

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Consulting

The 2015-2016 Household Budget Survey at a Glance

The 2015/2016 Household Budget Survey was released by the CSO yesterday, 21st June. Based on thousands of detailed expenditure diaries carried out over a year, it is used to update the basket of goods, and the item weights, that comprise the Consumer Price Index.

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