Climate Risk Intelligence for Insurance

$108 billion

The total amount of global insured losses from natural catastrophes in 2023, according to Swiss RE.

4th year in a row

Last year was the fourth year in a row when global insured losses exceeded the $100 billion mark, according to Swiss RE.

2x frequency

Over the past five years, the annual average of billion-dollar extreme weather events has more than doubled, according to Yale Climate Connections.

AreaHub Enterprise

Climate Risk Intelligence for Insurance Providers

As climate and environmental issues increase in frequency and intensity, insurance executives and enterprise risk managers must evolve their insurance premiums, risk assessments, mitigation efforts, and portfolio balance to maintain a healthy portfolio, brand reputation and profits.

With AreaHub’s patented technology and up-to-date climate and environmental risk intelligence on 35+ topics, insurers can identify areas that have become less attractive, as well as those with unrealized market potential. Our climate and environmental risk reports are powered by scientifically-validated data sources, robust methodologies, and strong processes and controls designed to provide trustworthy insights. Monitoring areas for significant changes to their risk profile allows insurers to make decisions quickly and confidently when considering current and/or future investments.

Use Cases

Identify Key Risks

Assess your insured assets or portfolio for localized climate risks and other environmental information to better adapt your pricing and help neutralize your risk exposure.

Optimize Your Portfolio

Fill in the gaps in your risk assessments to improve your portfolio management, advance your existing enterprise risk management, and guide your reinsurance decisions.

Improve Underwriting

Incorporate short- and long-term risk data into your pricing strategy and improve your underwriting with more granular exposure data for longer-term profitability.

Inform New Investments

Upgrade your early due diligence before acquiring new corporate locations, to assess potential climate and environmental impacts clearly and holistically.

Monitor For Materials Risks

Receive timely updates and notifications of major changes that may impact your portfolio to proactively manage risks.

Develop Resilience

Integrate an extra layer of science-based predictive data into your portfolio strategy, underwriting, and investments to align your risk management strategy, guide adaptation actions, and suggest how clients can better fortify assets.

Why AreaHub?

AreaHub helps insurers minimize losses and increase profitability by revealing the environmental risk profile for their areas and by assessing the local climate and environmental issues that can affect assessments and policy pricing.

Extensive Risk Assessments
Access a centralized repository of uniquely extensive risk insights across 35+ topics that may impact finances, operations, and health or safety.
Portfolio Monitoring & Notifications
Monitor area-specific or portfolio-level climate risk analytics and stay apprised of unfolding situations that may require mitigative actions for proactive risk management.
Customized Dashboard
Navigate risk with user-friendly interactive maps, access to specific hazard details, risk scoring, trend visualizations, and other proprietary features.
Specialized Reports
Leverage specialized reports such as deeper dives into flood risks, or a portfolio-level synthesis of climate physical risk exposure, among others.
Mitigation Information
Learn more about the likely property, financial, and operational implications of your risk exposures, and get a starting point to inform mitigation plans to prepare for extreme weather risks.

AreaHub's Enterprise Dashboard laptop mockup with an insurance icon

$108 billion

The total amount of global insured losses from natural catastrophes in 2023, according to Swiss RE.

4th year in a row

Last year was the fourth year in a row when global insured losses exceeded the $100 billion mark, according to Swiss RE.

2x frequency

Over the past five years, the annual average of billion-dollar extreme weather events has more than doubled, according to Yale Climate Connections.

AreaHub Enterprise

Climate Risk Intelligence for Insurance Providers

Use Cases

Identify Key Risks

Assess your insured assets or portfolio for localized climate risks and other environmental information to better adapt your pricing and help neutralize your risk exposure.

Optimize Your Portfolio

Fill in the gaps in your risk assessments to improve your portfolio management, advance your existing enterprise risk management, and guide your reinsurance decisions.

Improve Underwriting

Incorporate short- and long-term risk data into your pricing strategy and improve your underwriting with more granular exposure data for longer-term profitability.

Inform New Investments

Upgrade your early due diligence before acquiring new corporate locations, to assess potential climate and environmental impacts clearly and holistically.

Monitor For Materials Risks

Receive timely updates and notifications of major changes that may impact your portfolio to proactively manage risks.

Develop Resilience

Why AreaHub?

Extensive Risk Assessments
Access a centralized repository of uniquely extensive risk insights across 35+ topics that may impact finances, operations, and health or safety.
Portfolio Monitoring & Notifications
Monitor area-specific or portfolio-level climate risk analytics and stay apprised of unfolding situations that may require mitigative actions for proactive risk management.
Customized Dashboard
Navigate risk with user-friendly interactive maps, access to specific hazard details, risk scoring, trend visualizations, and other proprietary features.
Specialized Reports
Leverage specialized reports such as deeper dives into flood risks, or a portfolio-level synthesis of climate physical risk exposure, among others.
Mitigation Information
Learn more about the likely property, financial, and operational implications of your risk exposures, and get a starting point to inform mitigation plans to prepare for extreme weather risks.

AreaHub Enterprise | Sectors | Insurance Providers

Clarify your risk picture, reduce uncertainty, and minimize losses with clear and extensive climate and environmental risk intelligence.

AreaHub Enterprise

Climate Risk Intelligence for Insurance Providers

Use Cases

Why AreaHub?

Upgrade Your Risk Assessments and Management

AreaHub Enterprise | Sectors | Insurance Providers

Clarify your risk picture, reduce uncertainty, and minimize losses with clear and extensive climate and environmental risk intelligence.

AreaHub Enterprise

Climate Risk Intelligence for Insurance Providers

Use Cases

Why AreaHub?

Upgrade Your Risk Assessments and Management