Guy Carpenter has updated its proprietary software in the wakeof Hurricane Katrina. The tool, available at www.guycarp.com, helpsassess properties at a potential risk of loss in thehurricane-stricken region by inputting a specific street address toview pre-event satellite images overlaid with FEMA's actual floodfootprint.

The FEMA flood footprint shows initial flood assessments rangingfrom "saturated" to "flooded" and hurricane damage assessmentsranging from "light" to "catastrophic".

This innovative tool is offered through i-aXs -- Guy Carpenter'sproprietary exposure management platform. A number of updates havebeen made to the i-aXs site to cope with demand. The initial sitewas receiving upwards of 40 image requests a second, which causedsome down time.

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.