ICEYE launches new hurricane data solution

ICEYE, a provider of satellite-based disaster management solutions, has launched a hurricane data solution, providing insurers with impact information from both wind and flooding within 24 hours of a hurricane making landfall in the US.

“Using high-resolution satellite imagery, ground-based data sensors, and auxiliary information, the solution delivers damage data across the full extent of the event, encompassing tens of thousands of square miles and pinpointing areas of major neighborhood and building impact along the hurricane’s track,” ICEYE explained.

According to the firm, its synthetic aperture radar (SAR) technology will enable on-the-ground monitoring through cloud cover and day or night for continuous impact assessment.

ICEYE suggested that this data will allow users to overlay property portfolio information for affected regions, featuring a heatmap at the neighborhood block and plot levels to visualise building damage, along with a flood depth footprint indicating water levels in inches.

“Instant access to this actionable data delivers full situational awareness days ahead of traditional information sources. Insurers can quickly establish the most severely impacted customers, identify large loss concentrations, and target field resources accordingly,” ICEYE said.

Beyond claims response, the data could also support the structuring of parametric triggers, as insurers and reinsurers can compare hurricane damage and impacts geographically against portfolio exposure.

Rupert Bidwell, Vice President of Insurance Solutions at ICEYE, commented, “Our Hurricane Solution offers insurers a completely new level of situational awareness as we head towards the 2025 hurricane season.

“Access to near real-time, large-scale damage data for both wind and flood within 24 hours of landfall can help supercharge every phase of the response from initial loss estimates to claims resolution. Ultimately, it helps insurers deliver an enhanced customer experience through more effective support, better claims triage, and faster settlement when they need it most. That’s truly game-changing.”

In related news, ICEYE recently partnered with AI technology company, SATIM, to develop new AI-powered SAR imagery analysis products.

By combining ICEYE’s high-quality SAR satellite imagery with SATIM’s advanced AI capabilities, the partnership aims to create products that enable rapid and reliable detection and classification of vessels, aircraft, and land vehicles.

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