Juniper Re collaborates with Reask for hurricane danger info options

Juniper Re, reinsurance broking arm and oblique subsidiary of The Baldwin Group, has introduced a strategic collaboration with disaster danger evaluation agency Reask to offer Juniper Re shoppers with pre- and post-landfall hurricane wind speeds and precipitation forecast information.

Hurricanes current important challenges in acquiring correct wind speeds as a result of restricted observations and conventional measurement failures at excessive wind speeds. Regardless of technological developments, Juniper Re famous that translating hurricane paths and chances into actionable danger metrics for pre-landfall forecasts stays tough.

Reask makes use of proprietary information and AI fashions to supply high-definition wind fields information and quantify forecast uncertainty, assessing wind pace chances for every 1km grid cell within the hurricane’s path, days upfront. This functionality permits for extra exact and direct response planning.

Adam Miron (pictured above, left), head of disaster analytics at Juniper Re, welcomed the collaboration.

“We’re excited to incorporate Reask in our portfolio of occasion response options,” Miron stated in a information launch. “The strategy taken by Reask for assessing hurricane danger is cutting-edge and ends in unmatched precision. We prefer to work with main information suppliers and specialists like Reask who’re dynamic, progressive, nimble, and intensely targeted on their core mission, offering our shoppers with the perfect options out there.”

Jamie Rodney (pictured above, proper), chief govt officer at Reask, additionally famous that as hurricane depth will increase, exact measurement of potential impression is essential.

“We’re happy to combine our market-leading hurricane danger information into Juniper Re’s occasion response options, serving to to tell vital choices and reduce losses,” Rodney stated.

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