Investigate and settle insurance claims after natural disasters, such as storms and earthquakes, quickly and accurately by receiving reliable information about disaster-caused damage to insured property, derived from radar satellite images.
Many cities and regions are under a constant hazard of natural disasters, such as earthquakes, floods and hurricanes. More urban areas become vulnerable to climate changes and the number of weather-related events with severe consequences is growing year to year. Insurance and reinsurance companies should secure and improve their own operations by making data-driven decisions and ensuring that calculations for insurance compensations are accurate, reliable and indisputable.
ICEYE Property Damage Estimation Solution provides timely information on damage extent to insured infrastructure, caused by storms and earthquakes. The information is derived from radar satellite data collected regardless of cloud cover, weather and light conditions. Accurate measurement of an individual property damage, such as dam or building, ensures justified calculations of insurance compensations and timely validation of insurance claims.