About the challenge
We challenged students to find the most effective ways an insurance business can measure and assess prospective customers in Florida, taking into account the potential risks and common claims across the state.
The goal of the challenge is to help reinsurance companies make educated decisions about which insurance companies they should work with. To help develop their findings, teams were provided with data-sets covering: historical hurricanes, claims made to Floridian insurance companies, the atmosphere, and ocean patterns in the Atlantic.
Students were also invited to attend two workshop events where they received professional training in presentation skills and storytelling, learnt about the world of insurance from industry experts and had the opportunity to network with Hiscox employees.
Three finalists will be invited to present their findings at the Hiscox London office in March 2019.