Workflow
Data - Driven Risk Management
icon
Search documents
ICEYE, Munich Re’s Risk Management Partners team up for catastrophe solutions
Yahoo Finance· 2025-12-10 10:02
Core Insights - ICEYE and Munich Re's Risk Management Partners have formed a global collaboration to enhance ICEYE's natural catastrophe solutions, particularly in flood risk management [1] - The partnership aims to integrate ICEYE's flood solutions into Munich Re's Location Risk Intelligence Platform, allowing for better evaluation and management of climate-related risks [1][2] Integration and Features - The integration will enhance real-time flood risk analysis and reporting capabilities, enabling stakeholders like banks and insurers to make informed decisions during flood events [2] - Starting January 2026, ICEYE's Flood Archive and Flood Early Warning solutions will be available through the Events feature of the Location Risk Intelligence Platform, allowing users to monitor both historical and ongoing flood events [3] Data and Offerings - ICEYE will be the first commercial provider to deliver precise event data to Munich Re's platform, providing instant access to flood severity forecasts and measurements [4] - Additional offerings from ICEYE, including Flood Rapid Impact and Wildfire Insights, will also be available for resale by Munich Re to its global clientele [4] Strategic Importance - The alliance aims to create a scalable model for data-driven hazard and damage analysis, addressing the increasing frequency and severity of natural catastrophes [5] - The integration is expected to provide comprehensive insights into natural disaster exposure, enhancing active risk management for businesses [6]