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NAVIGATE THE PERFECT STORM

The rapid rate of global climate change, catastrophic weather events and interconnection with business operations, investors, and communities create significant risk for insurers. As weather events become more intense and volatile each year, traditional approaches to weather observations, modeling and forecasting are not enough. Climavision’s localized and global weather forecasts give insurers an edge against nature. 

SOLUTIONS CUSTOMIZED TO REDUCE RISK

Across the many applications of Risk, we have solutions customized to meet the specific application needs.

  • Property & Casualty
  • Reinsurance
  • ILS

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. 

damaged roof covered by tarp as dark clouds approach

Reinsurance

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.  

hurricane image

ILS

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. 

Risk analysis
fallen tree crushed car

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 

Learn more about Radar as a Service

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.  

Learn More About GRO Forecasting

Hurricane with significant wind and rain

 

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.

Learn More About What Makes Us Different

 

Radar Network

First of its kind, proprietary, high-resolution, low-atmosphere radar network

Advanced Modeling

Advanced numeric weather prediction modelling with unprecedented processing speeds

Satellite Network

High resolution, global observational datasets for advanced weather forecasting

Technical Expertise

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

Insights

Want to learn More? Read our latest blog posts:

How to Read Radar Imagery

In atmospheric sciences, accurate data and weather insights are pivotal. Clear radar imagery serves as a critical data point in the weather toolbox of government emergency management (EM) agencies and business leaders alike. In this blog post we will discuss radar imagery by reviewing what radar sta...

Precision Agriculture Empowered by Better Weather Data

Weather plays a crucial role in agriculture, shaping the growth and productivity of crops. As our atmosphere changes, severe weather that has the potential to destroy crops has become more and more frequent. For ex...

Strange Weather Phenomena Part 4

In the grand gallery of atmospheric marvels, nature paints with strokes of light, color, and shadow, crafting exquisite spectacles that both astound and mystify. As we conclude our exploration into peculiar weather phenomena, we review the captivating realms of glories, lenticular clouds, Earth’s ...

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