Insurance companies divide a terrain into pieces to rate as risk prone or risk free with the history of disasters occurred in the place. Risk assessment helps finding a better premium for a user.

A map of a location is build on the basis of the claims which were made from the area in the past, this increases risk factor of the area altogether. A final premium of an area is calculated on the basis of both risk assessment and claims management.

To decrease the amount of premium and increase the amount of claim, users many times falsify the location  to get less premium amount, this factor can be mapped in GIS to find out such suspicious behavior in a specific location.

Mapping different business locations for the assessment for patterns of losses incurred by the company. With precautions taken from GIS maps better business assessment can be done to decrease risk of future losses.