ICEYE enhances UK flood insurance management with satellites [Yahoo! Finance]
The Baldwin Insurance Group, Inc. - Class A (BRP)
Last the baldwin insurance group, inc. - class a earnings: 3/24 04:10 pm
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Source: Yahoo! Finance
The company's Flood Early Warning system provides insurers with a four-day advance prediction of potential flood impacts at a building-level resolution. This tool integrates with UK environmental agencies' flood hazard zones to offer actionable insights. ICEYE's Flood Rapid Impact solution delivers satellite-derived flood extent maps within 12 hours from the onset of flooding, with updates every eight to 12 hours. These solutions are powered by synthetic aperture radar sensors on ICEYE's satellite constellation, enabling tracking of floods regardless of weather conditions or time of day. Together, these solutions aim to empower insurers to monitor and predict flood risks at specific locations within their portfolios. This capability allows for proactive measures such as deploying flood prevention strategies through supply chains and issuing targeted communications to customers to encourage protective actions. ICEYE vice-president of insurance solutions Rupert Bidwell said
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- BRP Group, Inc. (NASDAQ:BRP) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
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- 5/13/24 - Form 4
- 5/13/24 - Form 4
- BRP's page on the SEC website