Severe NatCat events like hurricanes regularly devastate countless buildings across large areas. This causes many challenges to you as an insurer in providing effective and cost-sensitive claims settlement:
 

• Limited insights for deploying appropriate resources for loss adjusting
  
  
• Missing information on the impact of a disaster to your property portfolio or individual buildings
  
  
• High dependency on external loss adjusters and an increase in the cost burden of 10–15% in the case of manual, onsite inspections
  
  
• No proactive interaction with policyholders possible due to non-scalable means of communication (FNOL, inspection and settlement)

Remote Industries provides timely and accurate property and triage information and tools before and after natural disasters such as hurricanes. This allows for individual solutions which are based on your challenges and which subsequently benefit your clients. Munich Re leverages annually updated high-resolution aerial images of buildings that are assessed by artificial intelligence algorithms and compared with new shots of the impacted area that are taken right after the event.

Using AI combined with Munich Re’s natural catastrophe expertise, Remote Industries can support you with solutions for:
 

• Hurricane damage assessment both for regions (portfolio) and for individual buildings (available 5 days after the event)
  
  
• Post-repair assessment of areas hit by a hurricane (available within 6 months after the storm season ) 

After the recent hurricanes Irma and Harvey in 2017 and Florence and Michael in 2018, we supported insurers in their efforts to effectively manage the impact on their businesses and their customers. We offered:
 

• Damage heat maps
  
  
• Damage classifications based on an AI assessment at individual property level
  
  
• Identification of roof repair status for the year following the event
  
  
• Video inspections for remote damage assessment