Guy Carpenter has updated its proprietary software in the wake of Hurricane Katrina. The tool, available at www.guycarp.com, helps assess properties at a potential risk of loss in the hurricane-stricken region by inputting a specific street address to view pre-event satellite images overlaid with FEMA's actual flood footprint.
The FEMA flood footprint shows initial flood assessments ranging from "saturated" to "flooded" and hurricane damage assessments ranging from "light" to "catastrophic".
This innovative tool is offered through i-aXs -- Guy Carpenter's proprietary exposure management platform. A number of updates have been made to the i-aXs site to cope with demand. The initial site was receiving upwards of 40 image requests a second, which caused some down time.
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