Reinsurance News

Verisk to offer aerial catastrophe imagery via Geomni

17th September 2018 - Author: Matt Sheehan -

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Data analytics provider Verisk has announced that it plans to offer its customers free access to high-resolution aerial imagery following major loss events via Geomni, a Verisk business with a database of address- and location-based  property analytics.

droneGeomni will provide online access to before-and-after imagery of structures and properties inside a catastrophe area, allowing viewers to examine how an area has been affected by a 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 multiple aircraft located throughout the U.S – including fixed-wing aircraft, satellites, unmanned aerial vehicles, and mobile devices – that it has used to collect ground-level data through the Geomni Mobile app.

The firm uses the latest remote sensing and machine learning technologies to gather, store, process and deliver geographic and spatially referenced information relating to residential and commercial structures.

Recent catastrophe imagery available through Geomni includes the California Carr wildfire, as well as the Marshalltown, Iowa, tornado and the Webster, Massachusetts, tornado.

Verisk said that Geomni post-catastrophe imagery will be accessible from a range of its offerings, such as ISO’s PCS catastrophe bulletins, Xactware’s Xactimate estimating system, ISO ClaimSearch, and AIR Worldwide’s ALERT service.