REDUCE RISK, SAVE LIVES, PRESERVE PROPERTY
Our next-generation weather forecasting products and RaaS offer insurers and investors meteorological information to identify risks, plan for incoming severe weather events, and protect critical infrastructure.
SOLUTIONS CUSTOMIZED TO REDUCE RISK
Across the many applications of Risk, we have solutions customized to meet the specific application needs.
- Property & Casualty
Property & Casualty
Climavision helps insurance companies walk the line between a sound bottom line and regulations governing coverage. Our forecasts support accurate underwriting, faster coverage of claims, and fraud mitigation.
With premium weather information, reinsurers assess risk from a position of greater awareness and understanding of exposure. Climavision provides better forecasting for weathering the extremes.
We help insurance-linked securities managers develop models for identifying catastrophic risks. Our data support real-time weather-related pricing on bond returns and other financial products when combined with geographic information systems.
SOLUTION: RADAR AS A SERVICE
REIMAGINE RADAR DATA ACCESS TO REDUCE RISK
Our dedicated network of high-resolution weather radars provides more coverage and delivers significantly more data than ever before. This allows us to fill the holes in existing radar coverage, adding valuable time and accuracy to identify dangerous, localized perils.
Benefits of RaaS
- Optimize resource planning and utilization of field adjusters
- Fine tune early estimated loss projections
- Capture actual observation data for triggering
- Reduce instances of potential fraud and leakage
SOLUTION: GRO FORECASTING
CONTROL LOSS AND ELEVATE SAFETY LEVELS
Climavision’s innovative global weather prediction model and AI driven high-res observational data can forecast the growth of major storm systems or big atmospheric changes with extraordinary precision and blistering speed.
Benefits of GRO Forecasting
- Plan claims adjuster and emergency response resources and protocol with more precision and timeliness.
- Price and bind near term contracts and renewals, with situational weather awareness that enhances competitive posture or cost containment strategy.
- Use Optimum Numeric Weather Predictions to bring more skill and speed to existing estimated loss and CAT models.
WE’RE REVOLUTIONIZING THE WEATHER INDUSTRY
Our extensive weather data and revolutionary, proprietary climate technologies identify real-time dangers and produce more accurate predictions and forecasting models.
First of its kind, proprietary, high-resolution, low-atmosphere radar network
Advanced numeric weather prediction modelling with unprecedented processing speeds
High resolution, global observational datasets for advanced weather forecasting
Unparalleled technical expertise across infrastructure and weather forecast information
“Weather-related property damages reached $121.4 billion in the U.S. between 2017 and 2021 and 24.2% of those damages weren’t covered by property insurance.“
NCS Injury Facts
Want to learn More? Read our latest blog posts:
Navigating Weather Impacts on the Prescription Delivery Industry
The prescription delivery industry plays a vital role in ensuring timely and reliable access to medications for individuals across the globe. As this industry continues to grow, the impact of weather on prescription delivery operations cannot be overlooked. Adverse weather conditions pose significan...
Strange Weather Phenomena Part 1
Weather is an intricate dance of atmospheric forces that can sometimes create captivating and perplexing phenomena. From ethereal apparitions to intense natural phenomena, our planet never ceases to amaze with its atmospheric theatrics. While wonderous, these weather events also have the potential f...
Navigating the Skies: How Weather Impacts UAV Operations
In recent years, the Unmanned Aerial Vehicles (UAVs) industry has taken flight, offering a myriad of applications across various sectors, from agriculture and cinematography to environmental monitoring and package delivery. However, the successful operation of UAVs is heavily contingent on weather c...