Coming off of a successful collaboration in the METEOR project, ImageCat and GEM have formally entered into a partnership agreement to integrate GEM’s global hazard and risk information on earthquakes into ImageCat’s multi-hazard risk management decision support platform - inhance®. The first datasets to go online will be outputs of GEM’s global earthquake hazard and risk models. These datasets will provide geospatial information layers for insurance and risk management clients to quickly assess their relative earthquake risks.
ImageCat is an international risk management innovation company supporting the global risk and catastrophe management needs of the insurance industry, governments and NGOs. Inhance® platform developed by ImageCat for the insurance industry provides users the analytical tools and data layers to manage and price insurance portfolios.
As a leading provider of risk and disaster management technologies, ImageCat is highly regarded for cutting-edge products, services, and R&D activities, targeting decision support needs at all phases of the disaster management cycle.
“GEM is keen to start a new chapter of partnership with ImageCat in mutually providing hazard, exposure and risk information to support the global risk and disaster management needs of our partners and clients. We’ve already successfully collaborated on several projects over the past decade, so this partnership is the next logical step in the development of our relationship.” – John Schneider, GEM Secretary General.
ImageCat and GEM worked together with six other organizations in the recently concluded METEOR project in delivering exposure data for close to 50 countries, protocols and standards for exposure data collection and analysis aimed at helping developing countries fill the knowledge gap in disaster risk management strategy formulation.
“With this partnership, we are optimistic that our organizations would be able to deliver more tailored solutions to help increase awareness of catastrophe risk to help reduce overall human and economic losses worldwide.” Ron Eguchi, President, ImageCat.
For more details about ImageCat, visit their website at http://www.imagecatinc.com/.
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