Verisk to Provide Aerial Imagery for Major Catastrophes
JERSEY CITY, N.J., Sept. 10, 2018 — Verisk (Nasdaq:VRSK), a leading data analytics provider, today announced that it is offering customers free access to Geomni’s high-resolution aerial imagery following major loss events. Geomni is a Verisk business.
Geomni will provide online access to before-and-after imagery of structures and properties inside the catastrophe area. This will enable viewers of the imagery the ability to better understand which areas have been affected by a particular major event and the extent of the damage.
“The high-quality data collected by our state-of-the-art imagery resources is helping our customers make more informed property decisions, faster than ever before,” said Geomni President Jeffrey C. Taylor. “This information can quickly provide important insights for experts who are deploying resources, setting loss reserves, verifying internal estimates, and much more.”
Geomni has built a massive library of high-resolution imagery and 3D data by using multiple remote sensing platforms with a focus on fixed-wing aircraft but also including satellites, unmanned aerial vehicles (UAVs), and even mobile devices used to collect ground-level data through the Geomni Mobile app. After a major catastrophe, Geomni aircraft, located throughout the United States, are deployed to collect post-catastrophe imagery and data.
Recent catastrophe imagery available for viewing includes the California Carr wildfire; the Marshalltown, Iowa, tornado; and the Webster, Massachusetts, tornado.
Geomni post-catastrophe imagery will be accessible from a range of Verisk offerings, such as ISO’s PCS® catastrophe bulletins, Xactware’s Xactimate® estimating system, ISO ClaimSearch®, and AIR Worldwide’s ALERT™ service.
Geomni, a Verisk (Nasdaq:VRSK) business, is centered around an address- and location-based database of property-related analytics. Using the latest remote sensing and machine learning technologies, Geomni gathers, stores, processes, and delivers geographic and spatially referenced information relating to residential and commercial structures. Property professionals can use the data to help determine scope of damage, discover hazards, assess risk, perform valuations, and much more. Our property analytics database supports a number of critical tools that protect people, property, and financial assets. Learn more at www.geomni.net.
Verisk (Nasdaq:VRSK) is a leading data analytics provider serving customers in insurance, energy and specialized markets, and financial services. Using advanced technologies to collect and analyze billions of records, Verisk draws on unique data assets and deep domain expertise to provide first-to-market innovations that are integrated into customer workflows. Verisk offers predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, global risk analytics, natural resources intelligence, economic forecasting, and many other fields. Around the world, Verisk helps customers protect people, property, and financial assets.
Headquartered in Jersey City, N.J., Verisk operates in 30 countries and is a member of Standard & Poor’s S&P 500® Index. In 2017, Forbes magazine named Verisk to its America’s Best Mid-Size Employers list and to its World’s Most Innovative Companies list. Verisk is one of only seven companies to appear on both lists. For more information, please visit www.verisk.com.
Edelman (for Verisk)