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ISO, a Verisk business and provider of advanced tools and analytics for the property & casualty insurance industry, and Intterra, a leading provider of software for fire departments across the United States, announced they have partnered with the Western Fire Chiefs Association (WFCA) to explore new ways of analyzing and understanding wildfire risk, bringing together experts in insurance, technology, and fire protection. Intterra has worked with the WFCA for several years to develop the Fire Data Lab, a nonprofit organization dedicated to accelerating the use of data-driven decision making in the fire service. The addition of ISO will bring robust insurance data and risk analytics to the alliance to help generate new insights, representatives said.
According to Verisk estimates, more than 4.5 million U.S. properties are at high to extreme wildfire risk with dry, mountainous, and fuel-rich environments providing the perfect environment for fast-moving flames, Dr. Arindam Samanta, director of product management and innovation at Verisk said in a statement. Samanta added, "By working with the WFCA and Intterra, we're helping to address this growing challenge together and use our combined expertise to foster innovation in wildfire risk management."
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