{"id":690943,"date":"2022-10-01T12:24:11","date_gmt":"2022-10-01T16:24:11","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/verisks-geospatial-data-ai-enhanced-analytics-and-vexcels-aerial-imagery-combine-to-help-accelerate-insurance-response-to-historic-hurricane-damage\/"},"modified":"2022-10-01T12:24:11","modified_gmt":"2022-10-01T16:24:11","slug":"verisks-geospatial-data-ai-enhanced-analytics-and-vexcels-aerial-imagery-combine-to-help-accelerate-insurance-response-to-historic-hurricane-damage","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/verisks-geospatial-data-ai-enhanced-analytics-and-vexcels-aerial-imagery-combine-to-help-accelerate-insurance-response-to-historic-hurricane-damage\/","title":{"rendered":"Verisk\u2019s Geospatial Data, AI-Enhanced Analytics and Vexcel\u2019s Aerial Imagery Combine to Help Accelerate Insurance Response to Historic Hurricane Damage"},"content":{"rendered":"
\n

JERSEY CITY, N.J., Oct. 01, 2022 (GLOBE NEWSWIRE) — Verisk (Nasdaq: VRSK), a leading global data analytics provider, is working with Vexcel Data Program, the world\u2019s largest aerial imagery program, to help insurers accelerate their response to the widespread property damage wrought by Hurricane Ian.<\/p>\n

Vexcel, on behalf of its partner Geospatial Insurance Consortium (GIC), is deploying multiple fixed-wing aircraft with market-leading cameras to collect high-reso<\/a>l<\/a>ution aerial imagery<\/a>.<\/p>\n

Vexcel\u2019s disaster imagery is integrated into Verisk\u2019s Respond MAP<\/a> platform, which delivers five-day hurricane wind forecasts and leverages artificial intelligence, geospatial technology, and robust property and claims data to analyze damage. The interactive platform helps insurers identify affected properties, assess the extent of damage, and manage on-site inspections.<\/p>\n

\u201cRecovering from the enormous destruction of Hurricane Ian will be a long journey,\u201d said Maroun Mourad, president of claims solutions at Verisk. \u201cBut with pre- and post-hurricane aerial imagery from Vexcel and our advanced geospatial and property analytics, we\u2019re able to help insurers identify damage, connect with victims, and begin the road to recovery.\u201d<\/p>\n

\u201cThe damage from Hurricane Ian is vast, but can vary significantly by property,\u201d said Erik Jorgensen, CEO of Vexcel Group.\u00a0\u201cOur high-definition aerial imagery and world-class processing pipeline is helping Verisk provide real-time analytics to help guide and streamline the response of insurers to this catastrophe.\u201d<\/p>\n

Respond MAP is part of a wide range of solutions that Verisk offers to help insurers address catastrophe risks. These solutions include address-specific analytics to help underwrite properties, extreme event models and loss estimates to help manage the accumulation and transfer of risk, claims management solutions to combat fraud and accelerate payments, and computer software for professionals involved in estimating all phases of building and repair.<\/p>\n

Learn more about Verisk\u2019s weather and climate solutions<\/a>.<\/p>\n

\n About Vexcel Data Program<\/strong>
\n
For 30 years, Vexcel\u2019s award-winning technology has led the photogrammetry and remote sensing industry. Using its professional-grade UltraCam sensors and a dedicated fleet of aircraft, Vexcel operates the world\u2019s largest aerial imagery and geospatial data program. Vexcel collects imagery in 25+ countries\u2014including rural and urban areas in the contiguous United States. It provides a wide variety of high-resolution products from Oblique to True Ortho, DSM to Multispectral and Property Attributes. Its cloud-based aerial data improves workflows across a variety of industries. Vexcel is the operations partner for the Geospatial Insurance Consortium (GIC). More at\u00a0vexceldata.com and gic.org<\/a>.<\/p>\n

\n About Verisk<\/strong>\u00a0\u00a0\u00a0\u00a0
Verisk (Nasdaq: VRSK) provides data-driven analytic insights and solutions for the insurance and energy industries. Through advanced data analytics, software, scientific research and deep industry knowledge, Verisk empowers customers to strengthen operating efficiency, improve underwriting and claims outcomes, combat fraud and make informed decisions about global issues, including climate change and extreme events as well as political and ESG topics. With offices in more than 30 countries, Verisk consistently earns certification by\u00a0Great Place to Work<\/a>\u00a0and fosters an\u00a0inclusive culture<\/a>\u00a0where all team members feel they belong. For more, visit\u00a0Verisk.com<\/a>\u00a0and the\u00a0Verisk Newsroom<\/a>.<\/p>\n

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\n \n <\/div>\n

\n
David Novich\r\n201-469-2437\r\nDavid.Novich@verisk.com<\/pre>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
JERSEY CITY, N.J., Oct. 01, 2022 (GLOBE NEWSWIRE) — Verisk (Nasdaq: VRSK), a leading global data analytics provider, is working with Vexcel Data Program, the world\u2019s largest aerial imagery program, to help insurers accelerate their response to the widespread property damage wrought by Hurricane Ian. Vexcel, on behalf of its partner Geospatial Insurance Consortium (GIC), is deploying multiple fixed-wing aircraft with market-leading cameras to collect high-resolution aerial imagery. Vexcel\u2019s disaster imagery is integrated into Verisk\u2019s Respond MAP platform, which delivers five-day hurricane wind forecasts and leverages artificial intelligence, geospatial technology, and robust property and claims data to analyze damage. The interactive platform helps insurers identify affected properties, assess the extent of damage, and manage on-site inspections. \u201cRecovering from the enormous … <\/p>\n
Continue reading “Verisk\u2019s Geospatial Data, AI-Enhanced Analytics and Vexcel\u2019s Aerial Imagery Combine to Help Accelerate Insurance Response to Historic Hurricane Damage”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-690943","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nVerisk\u2019s Geospatial Data, AI-Enhanced Analytics and Vexcel\u2019s Aerial Imagery Combine to Help Accelerate Insurance Response to Historic Hurricane Damage - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/verisks-geospatial-data-ai-enhanced-analytics-and-vexcels-aerial-imagery-combine-to-help-accelerate-insurance-response-to-historic-hurricane-damage\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Verisk\u2019s Geospatial Data, AI-Enhanced Analytics and Vexcel\u2019s Aerial Imagery Combine to Help Accelerate Insurance Response to Historic Hurricane Damage - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"JERSEY CITY, N.J., Oct. 01, 2022 (GLOBE NEWSWIRE) — Verisk (Nasdaq: VRSK), a leading global data analytics provider, is working with Vexcel Data Program, the world\u2019s largest aerial imagery program, to help insurers accelerate their response to the widespread property damage wrought by Hurricane Ian. Vexcel, on behalf of its partner Geospatial Insurance Consortium (GIC), is deploying multiple fixed-wing aircraft with market-leading cameras to collect high-resolution aerial imagery. Vexcel\u2019s disaster imagery is integrated into Verisk\u2019s Respond MAP platform, which delivers five-day hurricane wind forecasts and leverages artificial intelligence, geospatial technology, and robust property and claims data to analyze damage. The interactive platform helps insurers identify affected properties, assess the extent of damage, and manage on-site inspections. \u201cRecovering from the enormous … Continue reading "Verisk\u2019s Geospatial Data, AI-Enhanced Analytics and Vexcel\u2019s Aerial Imagery Combine to Help Accelerate Insurance Response to Historic Hurricane Damage"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/verisks-geospatial-data-ai-enhanced-analytics-and-vexcels-aerial-imagery-combine-to-help-accelerate-insurance-response-to-historic-hurricane-damage\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-01T16:24:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODY1NzA0NSM1MTgyMjExIzIyMTAwMjk=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/verisks-geospatial-data-ai-enhanced-analytics-and-vexcels-aerial-imagery-combine-to-help-accelerate-insurance-response-to-historic-hurricane-damage\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/verisks-geospatial-data-ai-enhanced-analytics-and-vexcels-aerial-imagery-combine-to-help-accelerate-insurance-response-to-historic-hurricane-damage\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Verisk\u2019s Geospatial Data, AI-Enhanced Analytics and Vexcel\u2019s Aerial Imagery Combine to Help Accelerate Insurance Response to Historic Hurricane Damage\",\"datePublished\":\"2022-10-01T16:24:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/verisks-geospatial-data-ai-enhanced-analytics-and-vexcels-aerial-imagery-combine-to-help-accelerate-insurance-response-to-historic-hurricane-damage\\\/\"},\"wordCount\":519,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/verisks-geospatial-data-ai-enhanced-analytics-and-vexcels-aerial-imagery-combine-to-help-accelerate-insurance-response-to-historic-hurricane-damage\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODY1NzA0NSM1MTgyMjExIzIyMTAwMjk=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/verisks-geospatial-data-ai-enhanced-analytics-and-vexcels-aerial-imagery-combine-to-help-accelerate-insurance-response-to-historic-hurricane-damage\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/verisks-geospatial-data-ai-enhanced-analytics-and-vexcels-aerial-imagery-combine-to-help-accelerate-insurance-response-to-historic-hurricane-damage\\\/\",\"name\":\"Verisk\u2019s Geospatial Data, AI-Enhanced Analytics and Vexcel\u2019s Aerial Imagery Combine to Help Accelerate Insurance Response to Historic Hurricane Damage - 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