Tuesday, October 2, 2012

~ ~ ~ EPC Updates ~ ~ ~: Flood Footprints For European Insurers

Comment: Digitalglobe and a few other commercial?imagery?firms have previously offered their services in support of similar efforts, but what is remarkable about this development is the projected scale of what has been announced. Rather than an approach of selling products to individual customers after an event, the PERILS effort amounts to a group of European insurance companies banding together and "prescripting a mission assignment" to collect flood imagery and discern what it means, during and after the event. No waffling around with - should we, shouldn't we, should we - when it comes to deciding the importance of collecting and processing this type of data.?These companies have made the decision up front - if it's possible flooding is going to take place - give us flood footprints so we can estimate losses as they are happening. It's a powerful example that others could learn from.

Source: http://www.epcupdates.org/2012/10/flood-footprints-for-european-insurers.html

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