Amid Emerging Climate-Related Disclosures and Rising Commercial Insurance Rates, AreaHub Equips Businesses With Critical Risk Intelligence
Amid the recent SEC climate risk disclosure rules, a changing insurance landscape, and increasing climate-related losses for businesses, AreaHub announced an Enterprise version of its climate and environmental intelligence platform for U.S. businesses and organizations.
- Amid the recent SEC climate risk disclosure rules, a changing insurance landscape, and increasing climate-related losses for businesses, AreaHub announced an Enterprise version of its climate and environmental intelligence platform for U.S. businesses and organizations.
- According to USI’s 2024 Property & Casualty Market Outlook , natural catastrophe losses continue to increase by 5% to 7% annually.
- Additionally, as insurance rates rise and insurance companies scale back coverage in certain areas, property owners take on additional risk - leaving businesses exposed to increasing losses.
- “Climate and environmental risks are affecting businesses’ bottom line,” said AreaHub Co-Founder and CEO Alison Gregory.