activity - Thu, 07/05/2020 - 15:05

Satellite data analytics for (re)insurance

The InsurTech Analytics service aims to offer spaceborne licensable data products to be used by (re)insurance companies to help tackle climate change challenges and to close the uninsured vs insured assets gap. Main users are (re)insurance companies facing natural catastrophes and severe weather events. The service aims at helping insurers to better map their exposed risk, to provide actionable insights to their portfolio to reduce exposed risk, to manage claims and to identify new opportunities that can close the uninsured vs insured assets gap. The service uses EO satellites as well as GNSS satellites in order to provide the information needed to georeference EO data and ground collected geospatial data.

Organization:
ESA
Directorate:
TIA
Keywords:
Finance
Insurance
Regions:
Global
Type:
Kick-start Activity
Status:
Ongoing