Utilizing weather forecast and station data, Impact Forecasting’s Automated Event Response brings together its expertise in natural disaster modeling with a personalized approach in loss estimation.
As the event unfolds, the client will recieve an email showing loss estimates for that specific storm.
Impact Forecasting is delighted that Automated Event Response has been recognised by InsuranceERM as the winner of the “Catastrophe Risk Modelling Solution of the Year” in the 2022 Americas awards. Catastrophe risk modeling solution of the year: Aon, Impact Forecasting |
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Impact Forecasting is delighted that Automated Event Response has been recognised by InsuranceERM as the winner of the “Catastrophe Risk Modelling Solution of the Year” in the 2021 UK and EMEA awards. Catastrophe risk modelling solution of the year: Aon, Impact Forecasting |
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Perhaps more than any other natural peril, hurricanes are capable of producing some of the most widespread damage and humanitarian impacts from a singular event in the United States. As technological and scientific advances continue to be made, forecasters today have a better understanding of where these storms will track and the potential physical impacts they may cause.
Sell Sheet
Technical Description
Today’s weather-based computer models offer an opportunity for insurers to estimate the impact of costly windstorms before they take place. Utilizing real-time numerical weather prediction model output from different meteorological agencies can help better quantify and forecast the range of uncertainty when determining loss estimates for a pending event.
Sell Sheet
Technical Description
Typhoons affect Japan mainly between July and October every year and is one of their most damaging perils other than earthquakes. Advancements in global observing systems and computing resources offering more reliable forecasts of storm tracks enable insurers today to have a first-hand grasp of their potential business losses several hours in advance before a typhoon makes landfall.
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In an increasingly risky world, insurers and reinsurers need more sophisticated tools to quantify and manage the risks facing their businesses. Aon’s catastrophe model developers, Impact Forecasting, enable firms to analyse the financial implications of catastrophic events and achieve a greater understanding of their risks.
As climate change continues to affect the frequency and intensity of weather events, and as demographic patterns shift around the world, the impact of natural disasters will only increase. Catastrophe Insight helps to communicate natural disaster risk using data & science, through catastrophe reporting, historical data analysis, event response and client consulting.
Aon UK Limited is authorised and regulated by the Financial Conduct Authority for the provision of regulated products and services in the UK. FP#12982-22