SpatialKey® and HazardHub collaborate to give insurers easier access to hazard data

SpatialKey Inc. (SpatialKey) is pleased to offer its insurance clients access to hazard data from HazardHub, a risk data provider. HazardHub specializes in developing proprietary models and processing past event data to help underwriters and exposure managers better understand the probability of future property damage, in order to write profitable business and maintain a strong portfolio.

Devastating earthquake hits central Italy: Respond now and plan for tomorrow

Photo credit: www.independent.co.uk

 A magnitude-6.0 earthquake rocked central Italy early Wednesday morning, killing more than 260 people. Losses are expected to be below that of the 2009 L’Aquila event, which Willis Re estimated to have £502 million in insured losses. The quake could be felt as far away as Bologna to the north and Naples to the south, and devastated centuries-old towns where historic churches and monuments dot the landscape.

Ecuador Earthquake: How SpatialKey Helps Insurers Respond

Photo credit: cnn.com.

Japan’s Latest Earthquakes Underscore Complexities for Insurers

Photo Credit: Koji Harada/Kyodo News via AP.

What next? Assessing the damage after the M8.3 earthquake in Chile

Last week, Chile was shaken by a significant earthquake along its central coast. According to catastrophe modeling firm AIR Worldwide, an estimated $600-$900 million in insured losses is expected.

Analyzing Your Exposure Against the 2014 South Napa Earthquake

SpatialKey customers were able to quickly calculate potential exposure resulting from the 6.0 earthquake that struck near Napa, CA on August 24. The SpatialKey Earthquake App enabled ready access to earthquake shake maps published by the USGS within one hour of the quake, allowing our customers to respond quickly and confidently.

Introduction to our Earthquake App

We recently announced the commercial availability of our Natural Perils Suite. Each of the apps in the suite are designed to more easily put hazard data into perspective for users throughout an insurance company from risk, portfolio, and claims managers right up to the C-suite.

Rapid Earthquake Exposure Assessment - Virginia Quake

A 5.8 magnitude earthquake occurred in Virginia, a rare occurrence for the east coast.

Learn how to get started with SpatialKey today