Opterrix

The recent winter storm that impacted the Southern US was a historic event. Some areas, like Orleans Parish, experienced up to a foot of snow. The storm caused widespread power outages and business interruptions. Opterrix is a leading provider of weather data and analytics for the (re)insurance industry. Our snowfall totals are accurate and reliable, and they can be used to help insurance companies understand the impact of winter storms. In addition to snowfall totals, Opterrix can also visualize power outage data. This data can be used to identify areas where businesses are most likely to be impacted by power outages. By combining Opterrix snowfall totals with power outage data, insurance companies can get a more complete picture of winter storms' impacts. This information can then be used to make better decisions about assisting policyholders. If you are an insurance company interested in learning more about how Opterrix can help you identify risks suffering from business interruption during this winter storm and those in the future, please contact us today. https://lnkd.in/e2rZRNpv #WinterStorm #Insurance #BusinessInterruption #Opterrix #Snowfall #PowerOutage

Stay Ahead of the Storm with Opterrix: Proactive Customer Support and Rapid Event Response Winter weather can bring unexpected challenges, especially for regions not typically accustomed to freezing temperatures. As a leader in geospatial risk management and response, Opterrix empowers insurance companies to proactively identify and assist customers who may be impacted by impending winter weather. Here's how Opterrix can help: • Customer Identification: Opterrix can analyze various data sources, including National Weather Service watches and warnings and customer location data, to pinpoint policyholders in the southern United States who may be at risk due to upcoming winter weather. • Proactive Communication: By identifying at-risk customers early on, insurance companies can send timely alerts and guidance, empowering customers to take preventative measures to protect their properties. • Real-time IoT Insights: Opterrix ingests IoT data streams from devices like smart home sensors, enabling real-time visualization of emerging issues such as pipe bursts or power outages. This allows claims teams to prioritize their response based on the severity and location of the damage. With Opterrix, insurance companies can demonstrate their commitment to customer well-being while optimizing claims operations for rapid and efficient response. Find out more at: https://lnkd.in/eFn968Bj #Opterrix #Insurtech #RiskMitigation #CustomerSupport #WinterWeather #IoT

Opterrix leverages advanced satellite technology and geospatial analytics to provide comprehensive wildfire insights. By integrating ICEYE's synthetic aperture radar-based Wildfire Insights, Opterrix can quickly generate maps of potential building damage within wildfire perimeters. These insights empower insurance providers to rapidly assess damage potential and prioritize claims (when combined with aerial imagery). For more information on how this integration can meet your wildfire event response needs, please visit our website or contact us directly to schedule a demo. https://lnkd.in/eZPx2wDT #Wildfire #Claims #EventResponse #ICEYE #Opterrix

Beyond mapping. Beyond alerts. Beyond CAT models. Opterrix: Wildfire analytics that matter. 🔥📈 If you're a carrier with policies near the Los Angeles fires, please reach out to learn how we can help enhance your wildfire event response. https://lnkd.in/eqB7Fnhg #Wildfire #Palisades #Eaton #Hurst #Insurtech #Opterrix

🔥 Palisades Fire Update 🔥 A fast-moving brush fire has erupted in Pacific Palisades, California and has grown to over 1,300 acres within a matter of hours. The combination of strong Santa Ana winds and dry conditions has created a "perfect storm" for a wildfire in this area, which was noted yesterday by the National Weather Service. The Palisades Fire is an extremely dangerous event that will continue to spread as overnight wind gusts could exceed 90 mph. The Opterrix Wildfire Hotspot algorithm immediately detected this blaze and enables risk managers to proactively mitigate losses with streamlined coverage suspension capabilities. Opterrix customers also benefit from street-level policy details to expedite policyholder communication and post-event restoration. If your organization could benefit from proactive wildfire insights like these, schedule a live demo and discover how Opterrix can work for you: • Pinpoint policyholder locations in active fire zones • Rapidly assess potential exposure and losses • Proactively deploy resources and support • Strengthen your wildfire response strategy Don't wait for the next wildfire. Take control with Opterrix. https://lnkd.in/eNpmD22D #Wildfire #ExposureManagement #RiskManagement #PalisadesFire

Season's Greetings from the entire team at Opterrix! Whether you're celebrating Christmas, Hanukkah, Kwanzaa, or simply enjoying time off, we wish you a happy and restful holiday season filled with laughter, love, and memorable moments. #HappyHolidays #Giving #Family

The Franklin Fire has engulfed parts of Malibu, California, forcing thousands to flee their homes. The blaze, which ignited near Pepperdine University late Monday night, has exploded in size. Dry conditions, dense vegetation, and powerful Santa Ana winds fuel the fire's explosive growth.   As of Wednesday morning, the fire had consumed nearly 4,000 acres and was only 7% contained. Firefighters are battling the flames on steep, rugged terrain, facing challenging conditions, including low humidity and the persistent threat of powerful wind gusts. These "sundowner winds" have been particularly problematic, pushing the fire in unpredictable directions and making it difficult to establish containment lines.   🛰️ Satellite-detected burning, proprietary data from Opterrix, shows fire growth mainly on the west and northwest sides of the fire perimeter. See it in action: Schedule a live demo today and discover how we can help you: • Pinpoint policyholder locations in active fire zones • Rapidly assess potential exposure and losses • Proactively deploy resources and support • Strengthen your wildfire response strategy Don't wait for the next wildfire. Take control with Opterrix. https://lnkd.in/eNpmD22D #Wildfire #ExposureManagement #RiskManagement

A powerful magnitude 7.0 earthquake struck off the coast of Northern California in Humboldt County this morning, according to the U.S. Geological Survey (USGS). The quake, which hit around 10:44 a.m. local time, triggered a tsunami warning from the National Weather Service (NWS) for coastal areas. The earthquake was felt throughout much of Northern California, with residents in San Francisco reporting a rolling motion that lasted several seconds. Aftershocks followed the main quake. The USGS issued a yellow alert, indicating localized but minimal damage. An estimated 5.3 million people were within the tsunami warning zone, and over 1.3 million people were close enough to the epicenter to have felt the tremor. #Earthquake #Tsunami

As we wrap up the #30DayMapChallenge, let's shine a light on what makes Opterrix truly exceptional. Our platform empowers you to quickly load, style, and join vast datasets, enabling you to uncover valuable insights in record time. Take, for instance, the National Climatic Data Center (NCDC) storm events database, encompassing every storm event since 1950. Opterrix not only loads this data rapidly but also allows you to: • Visualize events by type, gaining instant clarity into patterns and trends. • Filter down to specific event types, focusing your analysis on areas of interest. • Join massive datasets with geographic boundaries, such as US county information, to reveal deeper correlations and insights. This is just a glimpse into Opterrix's power. Our platform is designed by insurers for insurers and leverages cutting-edge advancements in meteorology, data science, AI, and cloud computing to revolutionize the insurance value chain. Empower your team to make informed decisions, optimize risk management, and achieve superior business outcomes. Contact us today to learn more. https://lnkd.in/e_BA67iH #GIS #DataVisualization #RiskIntelligence #Insurance #AI #CloudComputing

#30DayMapChallenge Day 29: Exploring the Overture Maps Foundation dataset! 🗺️ We used their "places" data to map insurance-related locations around New Orleans. This rich, open dataset offers endless possibilities for analysis and visualization. How are you using Overture Maps? Share your projects and ideas, or contact us today! https://lnkd.in/ecpY7Rnr #OpenData #Mapping #GIS #DataVisualization #MapsMatter Data courtesy of Overture Maps Foundation, https://lnkd.in/eb3rzHJH