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Utilising weather forecast and station data, Impact Forecasting’s Automated Event Response brings together its expertise in natural disaster modelling with a personalized approach in loss estimation.
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
Automated event response to Japan Typhoon will be added to our portfolio in 2021.
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.
All Impact Forecasting models can be customised based on the client’s requirements, for example, using an insurer’s loss data to generate more accurate results for a specific line of business or developing an entire new model for a previously unchartered peril and territory.
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-AD
