When a tornado touches down, property claims professionals immediately deploy to offer help and begin the recovery process for their policyholders. Three Verisk Analytics companies are helping the cause by providing tools and services that claims professionals use to offer immediate service and to learn lessons that can be applied to future storms.
By harnessing weather radar, satellite-based damage analysis, ultra-high-resolution aerial imagery, and ground surveys, Atmospheric and Environmental Research (AER), Xactware, and AIR Worldwide produce data, analytics, and modeling that give insurance professionals a deeper understanding of tornadoes and help to get storm victims back on their feet as soon as possible.
AER, a provider of weather risk management solutions, uses advanced weather radar and satellite change detection to create near-real-time analysis available through the AER Respond service, which provides insurance carriers with high-resolution analysis of tornado damage locations. Insurance carriers can analyze the damage paths in a variety of geospatial platforms to fine-tune the potential impact on policyholders and to establish loss reserves.
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