Verisk’s Geospatial Data, AI-Enhanced Analytics and Vexcel’s Aerial Imagery Combine to Help ...
Verisk (Nasdaq: VRSK), a leading global data analytics provider, is working with Vexcel Data Program, the world’s largest aerial imagery program, to help insurers accelerate their response to the widespread property damage wrought by Hurricane Ian
JERSEY CITY, N.J., Oct. 01, 2022 (GLOBE NEWSWIRE) -- Verisk (Nasdaq: VRSK), a leading global data analytics provider, is working with Vexcel Data Program, the world’s largest aerial imagery program, to help insurers accelerate their response to the widespread property damage wrought by Hurricane Ian.
Vexcel, on behalf of its partner Geospatial Insurance Consortium (GIC), is deploying multiple fixed-wing aircraft with market-leading cameras to collect high-resolution aerial imagery.
Vexcel’s disaster imagery is integrated into Verisk’s Respond MAP platform, which delivers five-day hurricane wind forecasts and leverages artificial intelligence, geospatial technology, and robust property and claims data to analyze damage. The interactive platform helps insurers identify affected properties, assess the extent of damage, and manage on-site inspections.
“Recovering from the enormous destruction of Hurricane Ian will be a long journey,” said Maroun Mourad, president of claims solutions at Verisk. “But with pre- and post-hurricane aerial imagery from Vexcel and our advanced geospatial and property analytics, we’re able to help insurers identify damage, connect with victims, and begin the road to recovery.”