Xactware RespondXactware
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About
Extreme wildfire conditions have increased by 50% in recent decades due to climate change, causing $31B in property loss. As a result, insurance companies have refused to insure homes and businesses in California, drastically reducing their revenue. Terrafuse’s wildfire AI risk scores profile the actual likelihood of any property to burn one year ahead. Our wildfire risk product allows insurance companies to not only underwrite more businesses and reduce non-renewals to only properties with the highest burn probabilities but also price business commensurate with actual risk. We train our models to learn the interdependencies between 50+ environmental conditions (e.g. building density, dead fuel moisture, vegetation) and severity of loss over time. We also embed the physics of the atmosphere into our models using advanced machine learning techniques.
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About
From major hurricanes to destructive hail, Respond® predictive analytics help you accurately mitigate risk and optimize resources correlated with extreme weather. Respond provides insights from real-time weather data feeds to improve your operational performance and decision-making around weather risk assessment, severe weather event preparation, loss prevention, and disaster response and recovery. Respond analysis overlaid on your policies in force (PIF) visualizes policyholder locations and coverage values with a high probability of exposure to damaging hail or other perils. Deploy the appropriate adjuster skills for properties within, outside of, and bordering the storm area. Reduce claims cycle time and improve policyholder satisfaction. Improve reinsurance treaty recovery. Forecast claims volume accurately for natural hazard events. Respond not only helps you visualize destructive weather, but also helps you assess storm severity.
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Platforms Supported
Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook
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Platforms Supported
Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook
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Audience
Farmers searching for a climate and weather risk prediction solution
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Audience
Insurers and organizations interested in a solution to improve their operations when reacting to damage from natural disasters
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Support
Phone Support
24/7 Live Support
Online
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Support
Phone Support
24/7 Live Support
Online
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API
Offers API
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API
Offers API
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Screenshots and Videos |
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Pricing
No information available.
Free Version
Free Trial
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Pricing
No information available.
Free Version
Free Trial
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Reviews/
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Reviews/
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Training
Documentation
Webinars
Live Online
In Person
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Training
Documentation
Webinars
Live Online
In Person
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Company InformationTerrafuse AI
Founded: 2018
United States
www.terrafuse-ai.com
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Company InformationXactware
Founded: 1986
United States
www.xactware.com/en-us/solutions/weather-analytics/respond/overview/
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Categories |
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Integrations
No info available.
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Integrations
No info available.
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