Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Conventional insurance models have fallen short in addressing the escalating dangers posed by severe weather events. Understory™ stands at the forefront, offering innovative insurance solutions tailored for a world increasingly affected by climate change. Discover how your enterprise can effectively navigate severe weather risks through our straightforward, transparent, and adaptable insurance options. Our revolutionary hyperlocal climate risk engine transforms even the most daunting climate hazards into manageable opportunities, showcasing our commitment to safeguarding industries most at risk from climate impacts. With unparalleled accuracy and insight, we introduce you to Dot™, our cutting-edge weather sensor that serves as the backbone of our transformative technology platform. Traditional insurers often lack the necessary tools to evaluate and price severe weather risk effectively, resulting in a tendency to assume the worst and impose steep premiums. As the landscape of insurance evolves, embracing advanced solutions like ours is essential for both profitability and protection against climate-related uncertainties.
Description
From significant hurricanes to damaging hail storms, Respond® predictive analytics enables you to effectively manage risks and optimize resources associated with severe weather events. By leveraging insights derived from real-time weather data feeds, Respond enhances your operational performance and aids in informed decision-making regarding weather-related risk assessments, preparation for extreme weather situations, loss prevention strategies, and disaster recovery efforts. The analysis provided by Respond, when superimposed on your existing policies in force (PIF), allows for a visualization of policyholder locations and coverage amounts that are likely to be affected by hazardous hail or other threats. This capability empowers you to deploy the right adjuster expertise for properties that are located within, adjacent to, or outside the affected storm zone. Furthermore, it streamlines the claims process, reduces cycle times, and boosts policyholder contentment. By improving reinsurance treaty recovery processes and accurately predicting claims volumes for natural hazard incidents, Respond not only aids in visualizing the impact of destructive weather but also facilitates a deeper understanding of storm intensity and its potential effects. Additionally, this comprehensive approach positions you to mitigate losses more effectively while enhancing overall operational resilience amidst unpredictable weather challenges.
API Access
Has API
API Access
Has API
Integrations
No details available.
Integrations
No details available.
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Understory
Founded
2012
Country
United States
Website
understoryweather.com
Vendor Details
Company Name
Xactware
Founded
1986
Country
United States
Website
www.xactware.com/en-us/solutions/weather-analytics/respond/overview/