white paper

Property Risk Engineering in the Age of AI

September 9, 2025

Artificial intelligence is reshaping how risk teams identify issues and prioritize mitigation efforts. Periodic inspections are giving way to continuous insight. In fact, one in three organizations are using or trialing AI in compliance and risk management but expect more AI deployment in the future.

Meanwhile, carriers are using AI to triage submissions for completeness, consistency, and evidence of risk improvement. Risk teams that deliver submissions that are structured and data-rich move faster; others stall out before a human ever reviews them.

This whitepaper explains the connection between loss control and AI-ready data: loss expectancies, COPE details, natural-hazard validation, timelines, and recommendation tracking. Think of it as a practical playbook: what data to capture, how to structure it, and where AI augments property risk engineering.

In this whitepaper, you’ll learn:

  • Actionable tips to quantify where AI best augments engineering to detect hazards and prioritize recommendations and investments using predictive/prescriptive analytics.
  • How to standardize property insurance submission data so they are AI-ready.
  • Ways to operationalize continuous insight with centralized, structured risk data, and strengthen capital planning cases with simulations, probability scores, and projected loss avoidance.

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RIMS, the  risk management society®️, empowers risk professionals to make the world safer, more secure, and more sustainable. Through networking, professional development, certification, advocacy, and research, RIMS and its 80 chapters serves more than 200,000 risk practitioners and business leaders from over 75 countries. Founded in 1950, the Society publishes the award-winning Risk Management Magazine and produces RISKWORLD®️, the largest annual gathering of global risk professionals. RIMS embraces diversity, equity and inclusion and welcomes all risk professionals to connect and learn, explore the online Risk Knowledge library, tune into the RIMScast podcast series, and engage via LinkedInTwitter, and Facebook. To learn more, visit www.RIMS.org.

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