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ICEYE, a supplier of satellite-powered catastrophe administration options, and Munich Re’s Threat Administration Companions (RMP) have entered a worldwide collaboration geared toward increasing the attain of ICEYE’s pure disaster options.
This partnership will see ICEYE’s flood options combine into RMP’s Location Threat Intelligence Platform, enabling corporations to guage and handle local weather change and pure hazard-linked dangers.
The mixing is about to enhance the platform’s capabilities in offering real-time flood threat evaluation and reporting prior, throughout and after flood occasions.
With entry to ICEYE’s knowledge by means of this threat administration platform, banks, insurers, actual property managers and firms globally will be capable of exactly consider and measure the impacts of the floods, supporting knowledgeable and fast decision-making.
Starting in January 2026, ICEYE’s Flood Archive and Flood Early Warning options will likely be accessible by means of the Occasions characteristic of the Location Threat Intelligence Platform.
This characteristic permits customers to watch historic in addition to ongoing occasions utilizing a mixture of public area and vendor-supplied knowledge.
ICEYE stated that it’s going to grow to be the primary business supplier to ship “exact occasion knowledge” to the Munich Re platform, providing clients on the spot entry to severity forecasts and promptly delivered measurements of the extent and depth of the flood hazards. Additional ICEYE choices resembling Flood Speedy Affect, Flood Insights, Wildfire Insights and Hurricane Speedy Affect can even be out there for resale by Munich Re to its world buyer base.
The alliance can be stated to create a scalable mannequin for incorporating data-driven hazard and injury evaluation into occasion response providers around the globe.
Head of Threat Administration Companions at Munich Re Christof Reinert stated: “Pure catastrophes have gotten extra frequent and extreme. Companies want scalable options to handle these dangers earlier than, throughout and after catastrophe occasions strike.
“By integrating ICEYE into the platform, we offer much more complete insights into pure threat catastrophe publicity. The flood occasion knowledge is a considerable characteristic that may even enhance our Location Threat Intelligence providing. This offers our clients a decisive benefit, enabling lively threat administration to safeguard investments and operations, whereas additionally strengthening resilience.”
ICEYE head of Re/Insurance coverage Apply Anke Sielker stated: “At ICEYE, innovation is on the coronary heart of what we do. Integrating our flood intelligence into Location Threat Intelligence, Munich Re’s highly effective analytics platform, represents a significant step ahead in how modern knowledge and know-how could be mixed to allow insurers and companies to raised perceive and handle the quickly evolving flood threat panorama.”
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