VR Helps Insurers Better Understand Risk

“Virtual reality,” says Michael Macauley, “once considered the exclusive property of video game developers, is increasingly being used by the insurance industry for training, research, and product development.” Macauley, CEO of Quadrant Information Systems, a leading supplier of pricing analytics services to property and casualty insurance carriers, notes that where today large P&C insurers build houses and other structures solely for adjustor training,