These images show the shaking levels of nearby buildings in the epicentral area of today's M4.4 #earthquake in #LosAngeles. The variations demonstrate why building-specific data is vital for both #emergencyresponse and #parametric insurance payouts. (PGA: 6%g, 18%g, and 26%g)
Our hearts go out to those being affected by the M7.5 earthquake in Taiwan today, compounded by ongoing aftershocks and tsunami warnings. We fervently hope for the safety and well-being of all those in the region. #TaiwanEarthquake
https://t.co/Y8M2LljLbI
January 10: Join Safehub, @LibertyMutualRe & @InsTech_London, as we delve into the latest groundbreaking # #parametric earthquake insurance solutions, and discover how sensors are playing a pivotal role in triggering precise payouts. https://t.co/yyKO22I2F5 #webinar#insurtech
Reducing basis risk in #parametricinsurance is crucial as it ensures the coverage aligns with the actual losses. Sensor-triggered policies excel in this as they rely on real-time data from sensors, providing a more accurate & immediate connection between the event and payout.
Embracing Innovation in #parametric#earthquake Insurance: The incorporation of cutting-edge sensor technology has ushered in a new era of precision & responsiveness.
The key benefits :
✔ Precision
✔ Speed
✔ Personalization
✔ Resilience
#InsuranceInnovation
@GEMwrld is set to release its new version of the global earthquake hazard and risk models, maps, & databases. This ground-breaking event will take place as the centerpiece of the #GEMConference2023, which is underway today. https://t.co/wfldd91Rnl #resilience#riskmanagement
Safehub is excited to participate in @PlugandPlayTC's Silicon Valley Summit! This summit gives insight into breakthrough technology trends, connections with fellow innovators, and fireside chats with industry leaders & execs.
https://t.co/6iECZ1CikU
#insurtech#PNPTCSiliconValley
Safehub is excited to join experts from around the world at the 2023 @GEMwrld Conference to discuss the latest developments & future directions in seismic risk management. Join us in Bergamo, Italy from June 13-14: https://t.co/iQdXxPjG19
#GEMConference2023#EarthquakeResilience
Safehub is honored to partner with @UCSanDiego & have our sensors included in their shake table testing! Special thanks to Dr. Hutchinson & UCSD for working with us to demonstrate the precision & value of our #sensors. #NHERITallwood#structuralengineering#earthquakes
@InsTech_London's new Hazard Report reviews techniques & tools available to help insurers manage & mitigate #naturalhazards risk for properties they are insuring. Safehub is among those highlighted providing relevant models, data & technology. #insurtech https://t.co/hhkt3zoXQG