Insurers monitor Hurricane Jackie’s progress. The use of AstroVision products has increased the warning period for those in the path of a storm, and enhanced insurers’ ability to reduce property loss and loss of life. Insurers will seek specialized reinsurance pinpointed to risks in the path of the storm, with pricing determined for catastrophic coverage similar to a commodity market, on a real-time basis. Insurers also discuss the storm's progress with various airline and shipping clients. Insurers have already reduced possible losses by over $300 million annually with the use of AstroVision data by airlines for vectoring planes away from violent weather fronts and volcanic plumes.
Disclaimer: This scenario is provided for the purpose of demonstrating the potential advantages of
AstroVision’s product. The information is fictional and the agencies mentioned have not necessarily
made an agreement to procure AstroVision's services.
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