IBISA loss assessment module combines index-based triggers and ‘wisdom of the crowd’ that aggregates many individual assessments from different people.
The theory behind is that errors in individual assessments caused by partial information or bias tend to be cancelled. The addition of the Crowd Assessment improves results and help reducing basis risks.
Open and flexible infrastructure incorporating different satellite data sources
Different indices based on product efficiency, costs or risk covered
Automated estimation of damages is done using our proprietary algorithms
In parallel, the crowd-watching community estimation helps improving the automatic result