The reports feature key weather data and mapping of hail, lightning strikes, damaging winds, and tornado activity for a specific time period and geographic area. The new reports are available through the Decision Net claims information portal.
The new Decision Net products leverage the knowledge, experience, and resources of AER, an authority in the field of weather, climate, and environmental science and data analytics, serving the planning and operational needs of industries and governments around the globe. Both AER and ISO are subsidiaries of Verisk Analytics.
"Through our new reports, which use hail, lightning, wind, and tornado data mapped by AER, claims and investigations personnel can access targeted, insightful information on severe weather events by locations and dates," says John Deegan, product development manager, ISO ClaimSearch. "The reports offer support for claims evaluation and will provide particular value to special investigations."
"The Weather Forensic Reports enable claim adjustors to improve customer satisfaction by analyzing weather-related claims and decreasing response time to policyholders," says Steve Massa, director of data services, AER. "Insurers can improve financial performance through reduced costs, since the reports make it easy to process legitimate claims while rapidly spotting and minimizing potentially fraudulent claims."
