Juniper Re, the reinsurance broking arm of BRP Group, has introduced a partnership with ICEYE, a supplier of satellite-powered catastrophe administration options.
The collaboration goals to bolster Juniper Re’s portfolio, enabling entry to close real-time noticed information on large-scale disasters equivalent to floods and wildfires.
With entry to ICEYE’s information on hazard and injury, Juniper Re’s shoppers are anticipated to have the ability to reply to disasters rapidly and precisely, enhancing their decision-making and threat administration capabilities.
ICEYE operates a constellation of artificial aperture radar satellites, which gives the insurance coverage sector with persistent monitoring capabilities.
The actionable Earth statement information obtained from these satellites is alleged to supply uninterrupted visibility of any location on Earth, no matter climate circumstances or time of day.
Juniper Re head of disaster analytics Adam Miron mentioned: “ICEYE’s ground-breaking know-how is a sport changer for persistent monitoring and actionable insights. The flexibility to determine particular dangers and ground-truth injury at scale, irrespective of the situation, in close to actual time is revolutionary.
Entry essentially the most complete Firm Profiles
in the marketplace, powered by GlobalData. Save hours of analysis. Acquire aggressive edge.
Firm Profile – free
pattern
Thanks!
Your obtain e-mail will arrive shortly
We’re assured concerning the
distinctive
high quality of our Firm Profiles. Nevertheless, we would like you to take advantage of
helpful
choice for what you are promoting, so we provide a free pattern that you may obtain by
submitting the beneath kind
By GlobalData
“Harm may be understood in hours versus days, permitting our shoppers to rapidly perceive the affect of an occasion and promptly undertake loss mitigation steps.”
ICEYE head of insurance coverage for Americas Kurt Jackson mentioned: “We’re delighted to collaborate with Juniper Re and assist the event of modern information options.
“This collaboration aligns with ICEYE’s mission to get close to real-time noticed information into the palms of carriers and brokers following excessive climate occasions, enabling the trade to make higher and quicker selections.”
Earlier within the month, Juniper Re additionally entered right into a partnership with Cover Climate, a climate analytics options supplier.
This transfer was geared toward enhancing post-event storm response analytics for its shoppers by integrating Cover’s know-how and professional observations with its reinsurance options.
