Insurance: Flood Extent & Persistent Index with ICEYE SAR Data

Develop highly competitive parametric insurance products with frequent and reliable SAR satellite data from ICEYE.

ICEYE SAR satellite constellation enables near-real time monitoring of the flood-affected areas, regardless of cloud cover, weather, and daylight. This allows index insurance providers to attain accurate flood extent and inundation information for processing claims from customers in case of flooding events. In addition, the reliable persistence index of flood timing over the target areas ensures a more precise update for your forecast models in assessing flood possibility.

ICEYE SAR SATELLITE DATA ENABLES:

Create a detailed flood extent map during deluges, caused by e.g. extreme rainfall, hurricane, monsoon.
Accurate water depth estimation.
Early assessment and identification of areas that are likely to suffer from floods in the future.