Insurity’s Wildfire Threat Analysis Solution Enables P&C Insurers to Proactively Manage Wildfire Risk in Near Real Time
Insurity , a leading provider of cloud-based software for insurance carriers, brokers, and MGAs, today announced its new Wildfire Threat Analysis solution that will help insurers proactively manage and respond to wildfires in near real time.
- Insurity , a leading provider of cloud-based software for insurance carriers, brokers, and MGAs, today announced its new Wildfire Threat Analysis solution that will help insurers proactively manage and respond to wildfires in near real time.
- Wildfire Threat Analysis provides users updates on wildfire perimeters every 15 to 30 minutes; in contrast, other wildfire analysis tools only provide wildfire perimeter measurements after 12 to 72 hours.
- With an increase in frequency and severity of these catastrophes, insurers need to be able to proactively track wildfires as they progress to manage portfolio risk.
- With Insuritys Wildfire Threat Analysis, third-party data sources determine if there are any hot spots nearby a specific location.