Reinsurance News

ICEYE

ICEYE launches a new imaging mode named Dwell

22nd May 2023

ICEYE, the global leader in radar satellite persistent monitoring of the planet and an expert in natural catastrophe solutions, has announced a new imaging mode known as Dwell. With Dwell, ICEYE synthetic aperture radar (SAR) satellites remain focused on a specific point on the ground for an extended collection time. This ... Read the full article

ICEYE & Global Parametrics enter data accord to drive disaster risk management

11th May 2023

ICEYE has entered into an agreement with Global Parametrics to provide flood data to support the development of innovative parametric risk transfer solutions. ICEYE states that as part of the agreement, its global Flood Insights data will be used by Global Parametrics to design, structure and execute parametric risk transfer structures. In ... Read the full article

ICEYE launches beta Wildfire Insights providing near real-time building-level impact data

28th April 2023

ICEYE, a provider of natural catastrophe solutions and insights, released a beta version of Wildfire Insights, a product that uses advanced analytics, machine learning, and satellite imagery to provide building-level impact data for wildfires in near real-time. The ICEYE Wildfire Insights product is the first of its kind, offering data for ... Read the full article

NYC scheme a “cornerstone step” for flood protection: ICEYE

8th March 2023

ICEYE, a provider of natural catastrophe solutions and insights, has described the provision of a recent parametric flood scheme for high-risk areas in New York City as a “cornerstone step” towards addressing the flood protection gap. The cover was provided by ICEYE in conjunction with Swiss Re and Guy Carpenter ... Read the full article

Swiss Re & ICEYE provide parametric flood cover for NYC neighborhoods

7th March 2023

Guy Carpenter, Swiss Re Corporate Solutions, and ICEYE are set to provide technical assistance to the Centre for NYC Neighborhoods (CNYCN) on a new parametric product to protect high-flood-risk NYC neighborhoods. CNYCN has launched the new pilot project in partnership with the Mayor’s Office of Climate & Environmental Justice (MOCEJ), the ... Read the full article

ICEYE’s nat cat insights now available in Esri GIS technology

1st February 2023

In an expanded partnership, ICEYE’s near-real-time flood data is now accessible via Esri's ArcGIS software, a comprehensive system for mapping and location intelligence. ICEYE has expanded its Esri Partner Network relationship to provide its users across the public and private sectors with direct access to near-immediate natural catastrophe insights at the ... Read the full article

ICEYE delivers flood insights from recent hurricanes to FEMA

28th October 2022

World-leading provider of natural catastrophe solutions and insights, ICEYE, has said that through its partnership with New Light Technologies and Bana Solutions, its rapid flood extent and depth information have now supported the Federal Emergency Management Agency's immediate response efforts for four major flood events. ICEYE's Flood data has now been ... Read the full article

ICEYE enters into pilot flood scheme with If P&C Insurance

14th September 2022

ICEYE, a world-leading provider of natural catastrophe data, has launched a pilot scheme with If property & casualty (P&C) Insurance to use its Flood Insights product. The data and insights that ICEYE provides enables users to gain rapid situational awareness of any flood event globally. High resolution flood imagery is captured via ... Read the full article

ICEYE’s satellite data being explored for flood risk transfer project in Ghana

15th July 2022

World-leading provider of natural catastrophe data and satellite data – ICEYE, has announced that its satellite data and imagery will be explored to provide the inputs to support the parametric insurance trigger for a recently announced UNDP backed project in Ghana. It was recently announced that Allianz and Swiss Re ... Read the full article

ICEYE launches geospatial flood analysis platform

30th June 2022

ICEYE, a provider of SAR data and natural catastrophe analysis solutions, has announced the launch of ICEYE Insights, a geospatial platform that allows insurers to combine ICEYE’s flood observation data with their property insurance information. Utilising the EigenPrism catastrophe risk management tool, the ICEYE Insights platform is automatically updated with data ... Read the full article

ICEYE launches five new SAR satellites, driving satellite constellation

7th June 2022

ICEYE, a provider of satellite data and services to inform decision-making and analysis, has successfully launched five new SAR satellites. All five spacecrafts were launched on SpaceX’s Falcon 9 small sat rideshare mission via EXOLAUNCH from Cape Canaveral, Florida. ICEYE has said that communication has successfully been established with each spacecraft. Both ICEYE ... Read the full article

ICEYE partners with ESA on flood insights for Copernicus Emergency Services

30th May 2022

SAR data provider, ICEYE has announced the start of a pilot activity with the European Space Agency (ESA), to support the Copernicus Emergency Management Services (CEMS) team with flood insights. Through the pilot, ICEYE will deliver critical flood impact information that show the extent and depth of flooding at the structure ... Read the full article

Arturo and ICEYE partner on flood claim insights

30th May 2022

Analytics firm Arturo has said it is teaming up with data provider ICEYE to bring insurers near real-time flood and property damage insights. A statement from the two firms said that the collaboration will combine SAR satellite imagery with property insights to enable insurers to respond to flood claims with greater ... Read the full article

ICEYE to provide flood insights for Neptune Flood

10th May 2022

SAR data provider and expert in environmental flood hazard data, ICEYE, has entered into a strategic collaboration with AI-driven flood insurtech, Neptune Flood, As part of the collaboration, ICEYE will provide Neptune Flood with high-resolution flood hazard data in the immediate aftermath of a flood event to enable monitoring of Neptune’s ... Read the full article

ICEYE adds flood insights to EigenRisk’s cat risk management platform

22nd April 2022

SAR data provider and expert in environmental flood hazard data, ICEYE and EigenRisk, a leading and independent insurance technology platform provider, have announced a new agreement to incorporate ICEYE’s flood insights for large-scale flood events into the EigenPrism catastrophe risk management platform. EigenPrism provides a single, cloud-based platform for catastrophe data, ... Read the full article