Since Hurricane Ike, technology has evolved to help insurers improve their insight into the risk and costs associated with natural disasters and respond quicker and more efficiently.
Visual Intelligence by Geospatial Insight provides insurers, loss adjusters and brokers with improved capabilities to monitor, analyse and respond to risk. We are leveraging innovations in drone, satellite and aerial imagery and combining this with artificial intelligence expertise to revolutionise the insurance sector.
Last year, we released a Youtube video on the collapse and possible causes of the Fundão Dam, visible and accessible courtesy of satellite imagery.
Sophisticated imagery technology is giving companies and insurers unprecedented access to real-time data and situation awareness to protect assets and drive effective crisis response. Dave Fox of Geospatial Insight explains.
Following the destruction brought by the recent extensive flooding in Nebraska and Iowa in the Mid-West of the USA during March 2019, this case study illustrates the typical data, imagery and analytics products that Geospatial Insight offer as part of the CAT Response Service…
1. Respond rapidly to individual and widespread claims 2. Access remote and dangerous locations 3. Provides both broad-area and specific property-level information 4. Assess multiple claims before loss adjusters
We are often asked exactly what it is we do here at Geospatial Insight! So, we thought we’d take the new year as an opportunity to explain the who, why, how and where of what we do
Hurricane Harvey had a catastrophic effect on Houston and its surrounds, displacing approximately 1 million people and causing an estimated $75 billion in damage. Rainfall reached 50 inches in some areas, and the storm unloaded 27 trillion gallons of water onto Houston and southeast Texas.
Between Storms Desmond, Eva and Frank, the month of December 2015 was Britain’s wettest in history. Additional records for peak river flow and heaviest single-day rainfall were also endured. The resultant flooding caused damages of an estimated £5 billion and subjected the weary residents of Northern England to dozens of flood warnings and road closures.
When a 6.2 magnitude earthquake hit central Italy on 24th August 2016, it forced thousands of Italians into homelessness and precipitated 45,000 aftershocks and four more devastating quakes. Italy’s losses in the six months following were estimated at €23 billion, with direct damages estimating €4.5 billion.
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