With an ever-increasing need for timely data and geographical understanding, governments and businesses worldwide continue to direct resources to obtain, use and understand geospatial data that directly supports informed decision-making.
Dave Fox, Chief Executive Officer at Geospatial Insight, explains how satellite and drone technology have transformed the ability of insurers and reinsurers to assess risks and losses from natural catastrophes.
At Geospatial Insight we are continually growing our client base, particularly in the insurance sector where the use of drones is a key component of our rapid post-loss assessment and risk management solutions. Aligned to this strategy of continually improving our drone-related expertise we have recently completed an investment in one of the UK’s leading commercial drone companies – FireFLY AI.
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.
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