Storm damage in Kalbarri, WA AU
Instantly access vulnerability for properties in cyclone zones, automating approval for properties with high scores and allocating more resources to those with low scores. Confidently renew or write new business in cyclone-prone regions.
Leverage that accurate, up-to-date data that enables you to provide coverage in coastal regions avoided by other insurers. Anticipate future loss payouts while growing your business and serving new customers.
Use Cyclone Risk Insights to provide your customers with more accurate, detailed quotes, based on each property’s cyclone risk.
With Cyclone Risk Insights, underwriters and agents can understand exact property attributes that contribute to higher claim risk. This enables proactive risk mitigation, builds trust, and helps reduce future claims.
Computer vision models analyse our high-resolution aerial imagery to identify property vulnerability, spotlighting factors like tree overhang, roof shape, and roof condition. All relevant spotlights are combined into a Cyclone Vulnerability Score, which is trained on historical claims and damage. Graded from 1 (most vulnerable) to 5 (least vulnerable), this score is a reliable indicator of a property’s cyclone vulnerability.
With Cyclone Risk Insights, proactively recommend mitigation steps to policyholders, such as replacing an old roof. Become an insurance hero who helps make homes and businesses more cyclone-resilient and avoid massive disruption. In this white paper discover:
How Vulnerability Scores predict cyclone damage
The research and methodology behind the insights and scores
How to prevent avoidable losses and protect properties
Provide your policyholders with calm before the storm with Nearmap Cyclone Risk Insights.
Demo Cyclone Risk