Catastrophe teams use the Respond™ natural hazard analysis and forecast service to respond efficiently and accurately to natural perils and weather-related claims.
|Claims & CAT Process||Benefit||How|
|Claims Response||Improve customer service||
|Bulk Reserves||Optimize loss reserving||
|Fraud Detection||Earlier detection of fraud patterns||
The RespondTM service includes a comprehensive suite of natural hazard measures that allow the catastrophe response team, claims operations managers and adjusters to understand precisely the potentially damaging weather conditions that occurred in a region, neighborhood or at a property address.
RespondTM page on Verisk Climate website
—AER is a division of Verisk Climate.
The Future of Weather Analytics
—Property Casualty 360, July 26, 2012
Climate Change Could Cause $12.3B In Annual Losses For Gulf, East Coasts
—National Underwriter Property & Casualty, Jan. 3, 2011. Highlights research study on storm surge risk to property by Atmospheric and Environmental Research (AER) and AIR Worldwide.