Fathom and Reask's flood and wind maps offer an unparalleled view of risk data to ImageCat insurance customers
LONG BEACH, Calif., Oct. 7, 2022 /PRNewswire-PRWeb/ -- Following the Fathom and Reask strategic partnership announcement last month, ImageCat is pleased to promote the availability of Fathom and Reask's individual flood and wind maps on its platform. This partnership promises an unparalleled view of risk data on the combined impact of flood and wind events (hurricanes, tropical cyclones and typhoons). When available, models produced through this partnership will feature on platform providers like ImageCat, providing users with a combined view of risk.
Both Fathom and Reask have been trusted data partners for Inhance and FacFinder platform. This new strategic partnership between experts in wind and water modeling is a continuation of the already established relationship to bring flood and wind data products to the insurance market.
"ImageCat's insurance platform clients already experience the benefits of high resolution global tropical cyclone data from Reask and flood data from Fathom," said Shubharoop Ghosh, Vice President of Data Services, ImageCat. "We are extremely pleased that our two partners are combining forces to model the interrelated and combined risks of wind and water, their joint project supports our commitment to bring innovative data and insights to the insurance risk market."
"Fathom has a long-established relationship with ImageCat, having provided our global, US and UK flood datasets on ImageCat's platforms. Delivering solutions to the market that develop a common language of risk is key in enabling insurers to understand and manage their portfolios;" explains Dr Andrew Smith, co-founder and Chief Operations Officer at Fathom. "By accessing our datasets, ImageCat's users can overlay flood risk within their GIS platforms for anywhere in the world - even the most data-scarce regions."
"The Reask team have known ImageCat for many years with their strong capabilities in the data visualization and exposure management space" said Jamie Rodney, Chief Executive Officer at Reask "Having a strong understanding of the importance of high-quality data sourcing for insurance organizations is key to providing valuable insight into catastrophe risk. By incorporating the outputs of Reask's tropical cyclone models, ImageCat are delivering best in class decision-making metrics to the market."
ImageCat's flagship exposure product, Inhance®, is a ground-breaking solution to exposure data problems and provides a suite of analysis tools to help (re)insurers, managing general agents and brokers visualize their property exposures in terms of completeness, accuracy, and appropriateness.
To learn more about how this partnership will help risk professionals to access detailed risk data on floods and tropical cyclones seamlessly through platform technologies, please join the upcoming Technical Webinar on October 18, 11:00am – 12:00pm EDT (New York) / 4:00pm – 5:00pm BST (London)
Please register here: https://us06web.zoom.us/webinar/register/WN_GjgnxXY_TX6uP0MQrhgi6Q
The speakers for this event are Harry Vardigans, Insurance Business Development Manager at Fathom, Stephanie Powell Head of Relationships at Reask, and Shubharoop Ghosh, Vice President of Data Services and Chief Resurer at Resurances, an ImageCat venture.
Find out more at:
ImageCat: http://www.imagecatinc.com/
Fathom: http://www.fathom.global
Reask: http://www.reask.earth
Media Contact
ImageCat, ImageCat, 1 3236102620, [email protected]
SOURCE ImageCat
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