Automated Event Response

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.

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How Weather Forecasts Can Be Turned Into Loss Forecasts

Using Automated Event Response in the Re/Insurance Industry

Estimating impact on particular portfolios

Resources allocation and decision making

Claims adjustment process

Live Cat and Industry Loss Warranty products

Benchmarking other estimates

Sample Automated Event Response

As the event unfolds, the client will recieve an email showing loss estimates for that specific storm.

Recognition

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

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

 

 

Regions

U.S. Hurricane

US Hurricane

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

European Windstorm

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

Japan Typhoon

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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Additional Information

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