Introducing Environmental data (acute risks).
Ask Wire’s Environmental Data service is designed to provide information on hazards and risks to properties, crucial for insurance companies to manage their exposure and make underwriting decisions. Our service is a Data-as-a-Service (DaaS) solution that provides comprehensive environmental data to help insurance companies assess risk and make informed decisions about their underwriting and risk management strategies.
Here are some of the key features of our Environmental Data service:
Comprehensive data collection
Our service collects environmental data from a range of sources, including government agencies, satellite imagery, and on-the-ground surveys. We use this data to provide you with accurate and reliable information about hazards and risks to properties.
Acute risk assessment
Our service provides information on acute risks, including natural disasters, weather events, and environmental hazards. This enables you to manage your exposure and make informed underwriting decisions.
Customization options:
Our Environmental Data service is fully customizable, allowing you to tailor it to your specific needs. Our team can work with you to develop custom reports, metrics, and visualizations based on your specific requirements.
An insurance company was looking for ways to manage their exposure to environmental risks.
They used our Environmental Data service to assess the risks associated with their real estate portfolio and make informed underwriting decisions
By using our service, they were able to identify potential hazards and risks to their properties and take proactive measures to mitigate those risks.
This enabled them to reduce their exposure to environmental risks and make more informed underwriting decisions.