Modern ways of protecting assets
Geospatial Insight is featured in the latest AIRMIC magazine discussing how sophisticated imagery technology is giving companies and insurers unprecedented access to real-time data and situation awareness to protect assets and drive effective crisis response.
The article shows imagery from the Vale Dam and mine disaster from 25 January 2019, where an iron ore mine owned by Vale SA in Corrego do Feijao, Brazil, burst, polluting the Paraopeba river and causing the loss of hundreds of lives.
How accurate imaging helps reinsurance
Accurate imaging allows the disaster response to be better equipped and to ensure the re/insurance support is appropriate. As the article notes, while nothing can be done to alleviate the tragic loss of life, a speedy response and action with instant information and analysis can help to assess potential claims more accurately and get people and communities back on their feet more quickly.
Dave Fox of Geospatial Insight said: “The use of visual analysis and analytics tools is increasing all the time as risk managers and the wider insurance community strive to better understand risk, price it more keenly, deliver bespoke coverage and most importantly, prevent losses from taking place.”
To read more click here and If you would like this sort of coverage for your executives and company, contact the Rein4ce reinsurance, insurance and insurtech PR teams.