Insurance Sector
Transforming Visibility & Mitigation of Risk in Insurance
Satellite imagery is already a key tool for the insurance sector, however we believe it could be utilised further.
Currently, using satellite imagery to provide global visibility improves risk assessment, automates claims processing and enhances disaster response capabilities. From monitoring property conditions, tracking crop and soil health, assessing wildfire damage, forecasting natural disasters and damage as part of large value claims processing. The current and potential applications are extensive.
With Space Aye's unique capability, those potential benefits get exponentially larger.
Identify an asset or person in context, anywhere in the world, 24/7...to better understand damage, risk and, how to mitigate that risk, today.
The fusion of ground based IoT data and ‘real-time' earth observation imagery via Space Aye's unique capability means you can now identify, monitor and track any person, asset, ship or vehicle anywhere in the world to better understand physical context, now. So, you can better predict and manage risk, validate claims and obtain 'proof' via a whole new level of data accuracy. The potential benefits cover almost every sector, including:
Wildfires & Natural Disasters
Monitor and predict natural disasters via integration with automated IoT sensors, identify assets and people in real-time imagery at current or future risk via predictive AI tools. Monitor and track assets involved in recovery or re-building, 24/7 anywhere in the world all via Space Aye's 'LTx' platform.
Supply Chain, Shipping & Logistics
Track shipping AIS signalling and land transport 'telematics' in real-time imagery to monitor the end-to-end supply chain, reduce the threat from theft or weather factors. If ships go 'dark', monitor individual containers & assets via IoT signalling to identify exact location in real-time and what, and who is around them.
Oil & Gas
Monitor perimeters, pipeline flows, physical assets and vehicles 24/7, anywhere in the world via 'IoT' devices integrated with automated real-time imagery via the 'LTx' to identify risks, known and unknown people, vehicles, ships and assets in high resolution imagery to reduce theft & production losses, manage environment damage and mitigate against financial penalties.
Monitor risk using real-time data today, not using historic data risk models.
A New Level of Ground Truth to Manage Risk
Insurers also use data from satellite imaging to assess risk and underwrite sectors at direct risk from environmental factors, like agriculture, to make automated data-led decisions.
The unique ability to identify specific people and assets in automated real-time imagery, anywhere, 24/7, creates a new data layer and level of ground truth via Space Aye's 'LTx'.
You can now categorise and manage risk using real-time data today, versus historic data models to better predict and manage risk.
Parametric Insurance
How
Space Aye Capabilities can help...
How
Space Aye
Capabilities
can help...
A New Level of Ground Truth to Manage Risk
The fusion of ground based IoT data and ‘real-time' earth observation imagery via Space Aye's unique capability means you can now identify, monitor and track any person, asset, ship or vehicle anywhere in the world to better understand physical context, now. Therefore you can better predict and manage risk, validate claims and obtain 'proof' via a whole new level of data accuracy.
The potential benefits cover almost every sector, including:
Wildfires & Natural Disasters
Monitor and predict natural disasters via integration with automated IoT sensors, identify assets and people in real-time imagery at current or future risk via predictive AI tools. Monitor and track assets involved in recovery or re-building, 24/7 anywhere in the world all via Space Aye's 'LTx' platform.
Supply Chain, Shipping & Logistics
Track shipping AIS signalling and land transport 'telematics' in real-time imagery to monitor the end-to-end supply chain, reduce the threat from theft or weather factors. If ships go 'dark', monitor individual containers & assets via IoT signalling to identify exact location in real-time and what, and who is around them.
Oil & Gas
Monitor perimeters, pipeline flows, physical assets and vehicles 24/7, anywhere in the world via 'IoT' devices integrated with automated real-time imagery via the 'LTx' to identify risks, known and unknown people, vehicles, ships and assets in high resolution imagery to reduce theft & production losses, manage environment damage and mitigate against financial penalties.
Monitor risk using real-time data today, not using historic data risk models.
Parametric Insurance
Insurers also use data from satellite imaging to assess risk and underwrite sectors at direct risk from environmental factors, like agriculture, to make automated data-led decisions.
The unique ability to identify specific people and assets in automated real-time imagery, anywhere, 24/7, creates a new data layer and level of ground truth via Space Aye's 'LTx'.
You can now categorise and manage risk using real-time data today, versus historic data models to better predict and manage risk.
In Summary...
Identify, monitor and track people and insured assets anywhere in the world, 24/7 in real-time satellite imagery
Assess risk today using real-time visibility and a new level of ground truth to better predict and manage risk and mitigate against financial loss.
Exponentially increase the value and utility of satellite imagery in the insurance sector by utilising Space Aye's unique capability. See everything, everywhere, now.