Cyclone risk intelligence for New Zealand insurers
Effect immediate, strategic policy decisions, reduce avoidable losses, and better serve your customers with Cyclone Risk Insights.
Cyclone Seroja
Storm damage in Kalbarri, WA AU
Predict & prevent cyclone losses
Insurers need comprehensive cyclone insights to protect their customers and build resilience while storm severity increases. Our Cyclone Risk Insights in the Betterview application includes structural vulnerability detections and regional hazard data so you can see the complete picture of risk on a single screen.Streamline underwriting
Instantly access vulnerability for properties in cyclone zones, automating approval for properties with high scores and allocating more resources to those with low scores. Confidently renew or write new business in cyclone-prone regions.
Grow profitability
Confidently provide coverage in coastal regions avoided by other insurers. Anticipate future loss payouts while growing your business and serving new customers.
Price accurately
Use the Cyclone Risk Insights we uncover to provide your customers with more accurate, detailed quotes, based on each property’s cyclone risk.
Predict and prevent
Cyclone Risk Insights reveals the exact property attributes contributing to higher claim risk, empowering underwriters or agents to work with policyholders to proactively mitigate risk, building trust, reducing future claims.
What makes our insights different?
Simplified, intuitive scores for streamlined processes
Focus on structural vulnerability and regional hazard
Transparent data to predict and prevent losses
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Cyclone Vulnerability Score
Computer vision models analyse our high-resolution aerial imagery to identify property vulnerability, spotlighting factors like tree overhang, roof shape, and roof condition. All relevant spotlights are combined into a Cyclone Vulnerability Score, which is trained on historical claims and damage. Graded from 1 (most vulnerable) to 5 (least vulnerable), this score is a reliable indicator of a property’s cyclone vulnerability.
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Whitepaper: Cyclone Risk
With Cyclone Risk Insights, proactively recommend mitigation steps to policyholders, such as replacing an old roof. Become an insurance hero who helps make homes and businesses more cyclone-resilient and avoid massive disruption. In this white paper discover:
The research and methodology behind the insights and scores
How Vulnerability Scores predict cyclone damage
How to prevent avoidable losses & protect homes & businesses
Mitigate risk
Provide your policyholders with calm before the storm with Nearmap Cyclone Risk Insights.
Demo Cyclone Risk