EigenRisk Inc.

📢 We're thrilled to be a sponsor at #RAA2025 this year! Make sure to swing by our booth to learn how EigenRisk is empowering the insurance industry with #ActionableAnalytics to manage the numerous catastrophe risks our industry faces today.

Did you know that frozen pipes damage 250,000 homes across the US each year? Frozen pipes and ice dams can cause extensive damage to drywall, roofs, foundations, floors, electrical systems, and personal belongings. With average claim costs ranging from $10,000 to $25,000, the impact is not just financial. Repairs can take weeks or even months, disrupting lives and businesses. The good news? These risks are predictable and preventable. EigenPrism now offers pipe freeze alerts from Adiabat. These datasets offer a 6-day forecast of pipe freeze risk, enabling property owners and risk managers to take proactive measures. For brokers and insurers using EigenPrism, this means you can set automated alerts to notify clients when their properties are at risk of freezing pipes, helping them stay ahead of potential damage. If you’re not on EigenPrism but want to learn how this can support your risk management efforts, visit our blog: 🔗 https://lnkd.in/dwWemcb5

📢 Join our webinar to discover how EigenPrism’s Adaptive Geocoding capability can elevate your exposure data accuracy. Last few seats left, register today! Key Takeaways: 1. Geocoded Resolution: Why it matters in modern insurance and risk management. 2. Advanced Geocoding: How EigenPrism leverages the best of Melissa and Smarty geocoding engines. 3. Benefits of Accurate Geocoding: Enhancing alert monitoring, aggregation management, and risk profiling. Register now! 🔗 see link in the comments 📅 Wednesday, Jan 29, 2025 🕛 12 - 12:30 PM ET

Over the last two days, several new wildfires have erupted across California. Among the largest include: - Border Fire (San Diego County): Since igniting on Jan 23, it has rapidly spread to 4,250 acres with 10% containment. - Hughes Fire (Ventura County): Burning since Jan 22, it has consumed 10,396 acres, now at 56% containment. Meanwhile, the Palisades Fire and Eaton Fire are nearing containment at 77% and 95%, respectively. EigenPrism® users can access links in our blog to generate reports, enabling detailed analyses of their exposure to the fires using data from trusted sources such as ICEYE, NIFC, and CAL FIRE: 🔗 https://lnkd.in/dHn9S6Zx

Catch Jon Sonnenschein of EigenRisk Inc. in Action! Gain practical insights for better portfolio management and discover advanced solutions to elevate your risk management strategies. Secure your spot and join this valuable session!  Topics that will be covered: 1. Intelligent exposure management strategies 2. Modern risk monitoring solutions 3. Adjusting to the 'new normal' of catastrophe risk 4. Innovative approaches to managing unexpected loss patterns

📢 What difference does a few feet make? When considering the geocoding accuracy of your data, an incorrect pin location for an asset can mean the difference between overpaying for too much coverage or, worse, not paying for the coverage you need. As insurance coverages evolve and the market hardens, products such as parametric insurance are being relied upon more, and they depend on high levels of data accuracy and precision. Join our webinar to learn how to take advantage of the Adaptive Geocoding capability in EigenPrism to get the best results for your exposure data. Sign up now: https://lnkd.in/gZrtmG3x

Southern California Faces One of Its Most Catastrophic Wildfire Seasons At least 10 Lives Lost 29,053 Acres Burned Over 10,000 Structures Destroyed Among the recent wildfires, the Palisades Fire has been the largest, burning over 20,000 acres with just 8% containment. The Eaton Fire has scorched 13,690 acres, causing significant devastation in Altadena and Pasadena. Meanwhile, the Hurst Fire has burned 771 acres and is now 37% contained. For more details, visit our blog: https://lnkd.in/dHn9S6Zx EigenPrism® users can access links in the blog to generate multi-page reports, enabling detailed analyses of the fires using data from sources such as ICEYE, NIFC, and CAL FIRE.

EigenPrism’s actionable analytics empowers you to make better decisions amid increasing climate uncertainties. Visit our website to learn more: https://lnkd.in/gd6edjDq #StayPreparedwithEigenPrism

As this year winds down, we would like to take a moment to say thank you. We are immensely grateful for our amazing team, clients, and partners who bring #EigenPrism to life. We love solving problems and building solutions with you all. Here’s to a season of rest, reflection, and readiness for what 2025 will bring. Happy holidays from all of us at EigenRisk!

🎄 Holidays should be about peace of mind, not weather worries. That’s why our clients LOVE the #EigenAlert App! While you're relaxing, EigenAlert works behind the scenes to monitor for cat events, analyze your exposures, and notify you if your attention is required. ⬇️ Download the EigenAlert mobile app today - Link in the comments!