Juniper Re collaborates with Reask for hurricane danger info options

Juniper Re, reinsurance broking arm and oblique subsidiary of The Baldwin Group, has introduced a strategic collaboration with disaster danger evaluation agency Reask to supply Juniper Re purchasers with pre- and post-landfall hurricane wind speeds and precipitation forecast knowledge.

Hurricanes current vital challenges in acquiring correct wind speeds because of restricted observations and conventional measurement failures at excessive wind speeds. Regardless of technological developments, Juniper Re famous that translating hurricane paths and chances into actionable danger metrics for pre-landfall forecasts stays tough.

Reask makes use of proprietary knowledge and AI fashions to supply high-definition wind fields knowledge and quantify forecast uncertainty, assessing wind velocity chances for every 1km grid cell within the hurricane’s path, days upfront. This functionality permits for extra exact and direct response planning.

Adam Miron (pictured above, left), head of disaster analytics at Juniper Re, welcomed the collaboration.

“We’re excited to incorporate Reask in our portfolio of occasion response options,” Miron stated in a information launch. “The method taken by Reask for assessing hurricane danger is cutting-edge and leads to unmatched precision. We prefer to work with main knowledge suppliers and specialists like Reask who’re dynamic, progressive, nimble, and intensely centered on their core mission, offering our purchasers with the very best options available in the market.”

Jamie Rodney (pictured above, proper), chief govt officer at Reask, additionally famous that as hurricane depth will increase, exact measurement of potential impression is essential.

“We’re happy to combine our market-leading hurricane danger knowledge into Juniper Re’s occasion response options, serving to to tell crucial selections and reduce losses,” Rodney stated.

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