𝗪𝗲’𝗿𝗲 𝗲𝘅𝗰𝗶𝘁𝗲𝗱 𝘁𝗼 𝗷𝗼𝗶𝗻 𝗳𝗼𝗿𝗰𝗲𝘀 𝘄𝗶𝘁𝗵 𝗦𝘄𝗶𝘀𝘀 𝗥𝗲 𝗖𝗮𝘁𝗡𝗲𝘁®!⚡
Volt Underwriting has joined forces with Swiss Re Reinsurance Solutions to leverage their 𝗖𝗮𝘁𝗡𝗲𝘁® risk assessment platform, including integrated 𝗳𝗼𝗿𝘄𝗮𝗿𝗱 𝗹𝗼𝗼𝗸𝗶𝗻𝗴 𝘄𝗶𝗹𝗱𝗳𝗶𝗿𝗲 𝗿𝗶𝘀𝗸 𝗶𝗻𝘁𝗲𝗹𝗹𝗶𝗴𝗲𝗻𝗰𝗲 for the US and Canada from Bellwether at Alphabet's innovation engine, X, the moonshot factory. Bellwether’s technology harnesses 600 layers of geodata, including detailed information on vegetation canopy, wind patterns, road networks, and past burn events of all kinds. These datasets train machine learning models to forecast wildfire risk in specific areas accurately, up to five years in the future.
This collaboration will bring even more innovative data solutions to our energy insurance offerings, and risk insights. By harnessing 𝗖𝗮𝘁𝗡𝗲𝘁®'𝘀 unparalleled risk data, we can enhance our ability to underwrite with greater precision and insight across the global energy sector.
𝗞𝗲𝘃𝗶𝗻 𝗖𝗹𝗲𝗮𝗿𝘆, 𝗖𝗢𝗢 𝗼𝗳 𝗩𝗼𝗹𝘁 𝗨𝗻𝗱𝗲𝗿𝘄𝗿𝗶𝘁𝗶𝗻𝗴, shared his excitement: “Working together with Swiss Re Reinsurance Solutions is an incredible opportunity. 𝗖𝗮𝘁𝗡𝗲𝘁®’𝘀 data and analytics is a game-changer, allowing our team to better assess risks and serve clients with the most informed underwriting in the market.”
𝗥𝘂𝘁𝗮 𝗠𝗶𝗸𝗶𝘀𝗸𝗮𝗶𝘁𝗲, 𝗦𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝘀 𝗦𝗮𝗹𝗲𝘀 𝗗𝗶𝗿𝗲𝗰𝘁𝗼𝗿 𝗳𝗼𝗿 𝗨𝗞 & 𝗜𝗿𝗲𝗹𝗮𝗻𝗱 𝗮𝘁 𝗦𝘄𝗶𝘀𝘀 𝗥𝗲, adds, “We are thrilled to support Volt Underwriting’s forward-thinking approach to energy insurance. This collaboration demonstrates the power of combining 𝗖𝗮𝘁𝗡𝗲𝘁®’𝘀 data with Volt’s commitment to excellence.”
By leveraging 𝗖𝗮𝘁𝗡𝗲𝘁®, Volt is setting a new standard for risk management and data-driven underwriting.
