#ClimateTechnology

Constant Climate Change Ebbs at the Insurance Industry The Earth’s weather patterns have far reaching effects in every industry and the increasing severity and frequency of damage causing systems has one industry in turmoil, the insurance industry. Arguments over whether climate change exists continue but there is no argument on its existence in the insurance business as residential and commercial losses and claims climb alongside the consistent bad weather. A study cited by Laurence Tognetti, MSc in an article at LabRoots suggested that insurance company profits could decrease anywhere between 11 and 100% due to the current environmental landscape. While that range seems wide, the key and concerning number is 100%. Carriers and insurers that cannot make money will cease to do business and that has even farther reaching negative impacts than hurricanes and wildfires. Insurance businesses can use data driven assessments and technology to help improve revenue and mitigate losses as well as employ new pricing models for revenue generation. ## A New Insurance Tool: ClimAIteTRACK ClimAIteTRACK is a new insurance management tool from TTS that delivers tangible and actionable insights to better manage premium revenue and client relationships. Through an advanced API pull call, the technology acquires specific historical and current weather data and metrics for a specific region. A proprietary algorithm performs detailed data analytics to identify past trends and patterns, generating an Environmental Assessment Grade (EAG) unique to the area or region requested. The EAG is an easy to understand grading system that assesses past and potential environmental risk that insurers can use to adjust premiums and provide transparency with client-facing marketing elements. In addition to standard, yearly renewals, the EAG can be used on a more frequent basis, enabling dynamic pricing for premiums and creating more opportunities for revenue increases. Insurance businesses can offer a Dynamic Premium Pricing Model product for residential and commercial clients in higher risk areas or with past claims histories. DPPM is another method for optimizing and increasing revenue while delivering transparency that solidifies B2B and B2C relationships. ## The Dynamic Premium Pricing Model ClimAIteTRACK’s core capability is generating data driven climate assessments for a specific region which can be used by insurance companies to deploy a Dynamic Premium Pricing Model, or DPPM to both residential and commercial policy holders. ClimAIteTRACK’s automated processes and advanced data acquisition capabilities can provide shorter term reports, such as quarterly, or bi-annualy for potentially more upward premium adjustments. Clients who are in high risk areas or may have past claims histories can be placed on the DPPM to generate more premium revenue in a shorter time frame. DPPM can also be offered voluntarily to clients who may be trend friendly to dynamic pricing products. Detailed internal and user facing reports and elements ensure complete understanding and clarity on the DPPM process. Built into the ClimAIteTRACK system, the DPPM is a switchable mode and can be activated for each client or case. Developed within the Python framework, ClimAIteTRACK and the DPPM functionally could be integrated into existing, in house systems and infrastructure. ## Transparency and Strategy for Climate Change ClimAIteTRACK aims to deliver two significant benefits to insurance businesses: * Create opportunities for increases in premium revenue through data analytics * Strengthen brand equity and client relationships through transparency At the heart of the technology lies the generated Environmental Assessment Grade, or EAG which is a detailed climate and environmental report for a specific region. ClimAIteTRACK’s high level API system accepts location data in a variety of formats such as: city, state, province, region, zip or postal code and UK postcodes. EAG reporting is available globally and can originate on any past date the business requires. The first generation EAG is easy to understand and includes summary comments, points grade, letter grade and the grading scale for reference. As a client facing element, the EAG can deliver real transparency and understanding, building stronger policyholder relationships. The EAG is used by the business to make upward adjustments to policy premiums in an effort to increase revenue in a defined manner. When the DPPM mode is activated, EAG data is sent directly to the technology for premium adjustment recommendations or execution when vertically integrated. ## Next Level Premium and Client Management ClimAIteTRACK is an all in one insurance solution that can provide detailed and region specific climate assessments, indicating past and potential exposure to severe weather events. Using historical and current weather metrics and statistics, ClimAIteTRACK can deliver an easy to understand EAG that helps insurance businesses deploy better premium pricing strategies as well as offering transparency to clients. Insurers can utilize the DPPM and ClimAIteTRACK analytics as a way of offering additional revenue generating products to new and existing clients. ClimAIteTRACK structure is modular and additional analytics and layers can be integrated for a more precise and client base specific analysis. Climate change is no longer unpredictable and should be considered a constant in strategic planning and ClimAIteTRACK is a powerful tool that can help insurance companies and liability carriers navigate the current environmental landscape. Give ClimAIteTRACK a try and get an EAG for any location. Access here: https://traveltechnologysolutions.net/EvalPortal/

3 months ago

Constant Climate Change Ebbs at the Insurance Industry tts.traveltechnologysolutions.net/constant-climate-change-... #climate #insurance #climatetechnology #insurancetechnology

0 1 0 0

Constant Climate Change Ebbs at the Insurance Industry – TravelTechnologySolutions.net – The Newsroom

3 months ago

Constant Climate Change Ebbs at the Insurance Industry tts.traveltechnologysolutions.net/constant-cli... #climate #insurance #climatetechnology #insurancetechnology

0 0 0 0

Constant Climate Change Ebbs at the Insurance Industry – TravelTechnologySolutions.net – The Newsroom

3 months ago

New tech helps track climate change for businesses tts.traveltechnologysolutions.net/constant-cli... #insurance #climate #insurancetechnology #climatetechnology

0 0 0 0

Constant Climate Change Ebbs at the Insurance Industry The Earth’s weather patterns have far reaching effects in every industry and the increasing severity and frequency of damage causing systems has one industry in turmoil, the insurance industry. Arguments over whether climate change exists continue but there is no argument on its existence in the insurance business as residential and commercial losses and claims climb alongside the consistent bad weather. A study cited by Laurence Tognetti, MSc in an article at LabRoots suggested that insurance company profits could decrease anywhere between 11 and 100% due to the current environmental landscape. While that range seems wide, the key and concerning number is 100%. Carriers and insurers that cannot make money will cease to do business and that has even farther reaching negative impacts than hurricanes and wildfires. Insurance businesses can use data driven assessments and technology to help improve revenue and mitigate losses as well as employ new pricing models for revenue generation. ## A New Insurance Tool: ClimAIteTRACK ClimAIteTRACK is a new insurance management tool from TTS that delivers tangible and actionable insights to better manage premium revenue and client relationships. Through an advanced API pull call, the technology acquires specific historical and current weather data and metrics for a specific region. A proprietary algorithm performs detailed data analytics to identify past trends and patterns, generating an Environmental Assessment Grade (EAG) unique to the area or region requested. The EAG is an easy to understand grading system that assesses past and potential environmental risk that insurers can use to adjust premiums and provide transparency with client-facing marketing elements. In addition to standard, yearly renewals, the EAG can be used on a more frequent basis, enabling dynamic pricing for premiums and creating more opportunities for revenue increases. Insurance businesses can offer a Dynamic Premium Pricing Model product for residential and commercial clients in higher risk areas or with past claims histories. DPPM is another method for optimizing and increasing revenue while delivering transparency that solidifies B2B and B2C relationships. ## The Dynamic Premium Pricing Model ClimAIteTRACK’s core capability is generating data driven climate assessments for a specific region which can be used by insurance companies to deploy a Dynamic Premium Pricing Model, or DPPM to both residential and commercial policy holders. ClimAIteTRACK’s automated processes and advanced data acquisition capabilities can provide shorter term reports, such as quarterly, or bi-annualy for potentially more upward premium adjustments. Clients who are in high risk areas or may have past claims histories can be placed on the DPPM to generate more premium revenue in a shorter time frame. DPPM can also be offered voluntarily to clients who may be trend friendly to dynamic pricing products. Detailed internal and user facing reports and elements ensure complete understanding and clarity on the DPPM process. Built into the ClimAIteTRACK system, the DPPM is a switchable mode and can be activated for each client or case. Developed within the Python framework, ClimAIteTRACK and the DPPM functionally could be integrated into existing, in house systems and infrastructure. ## Transparency and Strategy for Climate Change ClimAIteTRACK aims to deliver two significant benefits to insurance businesses: * Create opportunities for increases in premium revenue through data analytics * Strengthen brand equity and client relationships through transparency At the heart of the technology lies the generated Environmental Assessment Grade, or EAG which is a detailed climate and environmental report for a specific region. ClimAIteTRACK’s high level API system accepts location data in a variety of formats such as: city, state, province, region, zip or postal code and UK postcodes. EAG reporting is available globally and can originate on any past date the business requires. The first generation EAG is easy to understand and includes summary comments, points grade, letter grade and the grading scale for reference. As a client facing element, the EAG can deliver real transparency and understanding, building stronger policyholder relationships. The EAG is used by the business to make upward adjustments to policy premiums in an effort to increase revenue in a defined manner. When the DPPM mode is activated, EAG data is sent directly to the technology for premium adjustment recommendations or execution when vertically integrated. ## Next Level Premium and Client Management ClimAIteTRACK is an all in one insurance solution that can provide detailed and region specific climate assessments, indicating past and potential exposure to severe weather events. Using historical and current weather metrics and statistics, ClimAIteTRACK can deliver an easy to understand EAG that helps insurance businesses deploy better premium pricing strategies as well as offering transparency to clients. Insurers can utilize the DPPM and ClimAIteTRACK analytics as a way of offering additional revenue generating products to new and existing clients. ClimAIteTRACK structure is modular and additional analytics and layers can be integrated for a more precise and client base specific analysis. Climate change is no longer unpredictable and should be considered a constant in strategic planning and ClimAIteTRACK is a powerful tool that can help insurance companies and liability carriers navigate the current environmental landscape. Give ClimAIteTRACK a try and get an EAG for any location. Access here: https://traveltechnologysolutions.net/EvalPortal/

3 months ago

New tech helps track climate change for businesses tts.traveltechnologysolutions.net/constant-climate-change-... #insurance #climate #insurancetechnology #climatetechnology

0 1 0 0

Constant Climate Change Ebbs at the Insurance Industry The Earth’s weather patterns have far reaching effects in every industry and the increasing severity and frequency of damage causing systems has one industry in turmoil, the insurance industry. Arguments over whether climate change exists continue but there is no argument on its existence in the insurance business as residential and commercial losses and claims climb alongside the consistent bad weather. A study cited by Laurence Tognetti, MSc in an article at LabRoots suggested that insurance company profits could decrease anywhere between 11 and 100% due to the current environmental landscape. While that range seems wide, the key and concerning number is 100%. Carriers and insurers that cannot make money will cease to do business and that has even farther reaching negative impacts than hurricanes and wildfires. Insurance businesses can use data driven assessments and technology to help improve revenue and mitigate losses as well as employ new pricing models for revenue generation. ## A New Insurance Tool: ClimAIteTRACK ClimAIteTRACK is a new insurance management tool from TTS that delivers tangible and actionable insights to better manage premium revenue and client relationships. Through an advanced API pull call, the technology acquires specific historical and current weather data and metrics for a specific region. A proprietary algorithm performs detailed data analytics to identify past trends and patterns, generating an Environmental Assessment Grade (EAG) unique to the area or region requested. The EAG is an easy to understand grading system that assesses past and potential environmental risk that insurers can use to adjust premiums and provide transparency with client-facing marketing elements. In addition to standard, yearly renewals, the EAG can be used on a more frequent basis, enabling dynamic pricing for premiums and creating more opportunities for revenue increases. Insurance businesses can offer a Dynamic Premium Pricing Model product for residential and commercial clients in higher risk areas or with past claims histories. DPPM is another method for optimizing and increasing revenue while delivering transparency that solidifies B2B and B2C relationships. ## The Dynamic Premium Pricing Model ClimAIteTRACK’s core capability is generating data driven climate assessments for a specific region which can be used by insurance companies to deploy a Dynamic Premium Pricing Model, or DPPM to both residential and commercial policy holders. ClimAIteTRACK’s automated processes and advanced data acquisition capabilities can provide shorter term reports, such as quarterly, or bi-annualy for potentially more upward premium adjustments. Clients who are in high risk areas or may have past claims histories can be placed on the DPPM to generate more premium revenue in a shorter time frame. DPPM can also be offered voluntarily to clients who may be trend friendly to dynamic pricing products. Detailed internal and user facing reports and elements ensure complete understanding and clarity on the DPPM process. Built into the ClimAIteTRACK system, the DPPM is a switchable mode and can be activated for each client or case. Developed within the Python framework, ClimAIteTRACK and the DPPM functionally could be integrated into existing, in house systems and infrastructure. ## Transparency and Strategy for Climate Change ClimAIteTRACK aims to deliver two significant benefits to insurance businesses: * Create opportunities for increases in premium revenue through data analytics * Strengthen brand equity and client relationships through transparency At the heart of the technology lies the generated Environmental Assessment Grade, or EAG which is a detailed climate and environmental report for a specific region. ClimAIteTRACK’s high level API system accepts location data in a variety of formats such as: city, state, province, region, zip or postal code and UK postcodes. EAG reporting is available globally and can originate on any past date the business requires. The first generation EAG is easy to understand and includes summary comments, points grade, letter grade and the grading scale for reference. As a client facing element, the EAG can deliver real transparency and understanding, building stronger policyholder relationships. The EAG is used by the business to make upward adjustments to policy premiums in an effort to increase revenue in a defined manner. When the DPPM mode is activated, EAG data is sent directly to the technology for premium adjustment recommendations or execution when vertically integrated. ## Next Level Premium and Client Management ClimAIteTRACK is an all in one insurance solution that can provide detailed and region specific climate assessments, indicating past and potential exposure to severe weather events. Using historical and current weather metrics and statistics, ClimAIteTRACK can deliver an easy to understand EAG that helps insurance businesses deploy better premium pricing strategies as well as offering transparency to clients. Insurers can utilize the DPPM and ClimAIteTRACK analytics as a way of offering additional revenue generating products to new and existing clients. ClimAIteTRACK structure is modular and additional analytics and layers can be integrated for a more precise and client base specific analysis. Climate change is no longer unpredictable and should be considered a constant in strategic planning and ClimAIteTRACK is a powerful tool that can help insurance companies and liability carriers navigate the current environmental landscape. Give ClimAIteTRACK a try and get an EAG for any location. Access here: https://traveltechnologysolutions.net/EvalPortal/

3 months ago

Constant Climate Change Ebbs at the Insurance Industry tts.traveltechnologysolutions.net/constant-climate-change-... #climate #insurance #climatetechnology #insurancetechnology

0 1 0 0

Constant Climate Change Ebbs at the Insurance Industry – TravelTechnologySolutions.net – The Newsroom

3 months ago

Constant Climate Change Ebbs at the Insurance Industry tts.traveltechnologysolutions.net/constant-cli... #insurance #climatetechnology #insurancetechnology

0 0 0 0

HackerNoon

@hackernoon.com

3 months ago

Big Tech’s Appetite for Carbon Removal Credits Causes Market Shortage

Big Tech’s demand for durable carbon removal credits is driving prices up and tightening supply, pushing new investment into long-term climate projects. #climatetechnology

0 0 0 0

ClimAIteTRACK: Spotlight on Key Metrics Behind the EAG The NOAA calls for an ‘above average’ hurricane season for 2025 and so far, it’s shaping up to be another busy year for commercial and residential property losses. That means more payouts from insurance companies and increasing operational costs that are no longer region specific as increasing severe weather activity spans the globe. Assessing region specific climate risk is a method for insurance companies to measure past and potential future exposure to severe, damage causing weather elements. ClimAIteTRACK is a new tool for the insurance industry that delivers detailed analysis of current and historical weather metrics to ‘paint an environmental picture’ of a specific area or location. With a generated Environmental Assessment Grade (EAG), insurance businesses can better strategize and manage premium revenue and offer client facing transparency to maintain brand equity. What are some of the metrics behind the EAG? Continue on for highlights on the ClimAIteTRACK process. ## Short and Long Term Effect of Moisture Metrics When it comes to physical infrastructure, moisture is the top element for damage to property and assets. Moisture causes corrosion in metals, advanced decay in wood and results in mold on most surfaces, rendering them unusable and a health hazard. Two key moisture metrics inside the ClimAIteTRACK algorithm are precipitation and humidity. Measured as a total in millimeters, precipitation metrics can point to short term impacts such as severe weather events and / or regional flood conditions. Increasing humidity levels suggest extended lingering exposure to moisture and longer term negative effects on infrastructure. Even a slight increase in daily humidity averages can have devastating effects over longer periods of time.The EAG algorithm identifies patterns and trends over historical and recent data within these moisture metrics and assesses potential risk using a machine learned process. ## Solar and Atmospheric Effects Climate change over the years has changed the chemical makeup of the Earth’s atmosphere and sky-borne elements are increasing negative impacts on man made structures and property. Metrics such as the UV Index, solar radiation and solar energy are damaging elements that can greatly increase wear and tear and shorten life cycles of buildings and assets. These metrics also contribute to unhealthy air quality environments inside buildings and structures and shorten lifespans of HVAC systems and internal structures. These changing atmospheric conditions are also causing chain reaction events such as increasing surface and ocean temperatures which are attributed to more intense, damage-causing weather activity and drier conditions that increase destructive wildfire events. Watching for patterns and trends within these solar and atmospheric metrics, the EAG can assess past exposure and potential for future risk based on historical and recent metric values. ## Physical Weather Elements Surface and physical weather metrics are included in the EAG and represent past occurrences or future potential for damage causing elements. Measured by speed and daily averages, wind gusts and maximum wind speed are an important metric in assessing infrastructure exposure and potential weakening by advanced wear and tear. Higher values and increasing trends can suggest potential for more damaging exposure and reduced working lifespan of man made elements. If applicable, snow cover values are considered as an extension of potential moisture exposure and weakening integrity of infrastructure. Snow accumulations and depth are utilized when values are available. ## Region Specific Analytics for the EAG Severe and catastrophic weather events are things the insurance industry will have to contend with as climate change continues to produce more frequent systems and drier conditions. Using technology, such as ClimAIteTRACK, insurance carriers gain a better understanding of a specific region’s past and potential future climate risk. The EAG provides a detailed analysis and rating that insurers can apply to premium revenue management or utilize in a Dynamic Premium Pricing Model (DPPM) in an effort to increase revenue and mitigate losses. The EAG is an easy to understand grading system that can also be utilized as a client facing element to offer transparency for premium adjustments or monthly / quarterly DPPM reporting. The EAG data cycle includes key weather metrics and statistics and has direct impacts on physical assets that would be covered by a residential or commercial insurance policy. The ClimAIteTRACK evaluation is now online. Get an EAG for any location here: https://traveltechnologysolutions.net/EvalPortal/#ctrack

4 months ago

ClimAIteTRACK: Spotlight on Key Metrics Behind the EAG tts.traveltechnologysolutions.net/climaitetrack-spotlight-... #climate #insurance #climatetechnology #insurancetechnology

0 1 0 0

ClimAIteTRACK: Spotlight on Key Metrics Behind the EAG – TravelTechnologySolutions.net – The Newsroom

4 months ago

ClimAIteTRACK: Spotlight on Key Metrics Behind the EAG tts.traveltechnologysolutions.net/climaitetrac... #climate #insurance #climatetechnology #insurancetechnology

1 0 0 0

ClimAIteTRACK: Spotlight on Key Metrics Behind the EAG The NOAA calls for an ‘above average’ hurricane season for 2025 and so far, it’s shaping up to be another busy year for commercial and residential property losses. That means more payouts from insurance companies and increasing operational costs that are no longer region specific as increasing severe weather activity spans the globe. Assessing region specific climate risk is a method for insurance companies to measure past and potential future exposure to severe, damage causing weather elements. ClimAIteTRACK is a new tool for the insurance industry that delivers detailed analysis of current and historical weather metrics to ‘paint an environmental picture’ of a specific area or location. With a generated Environmental Assessment Grade (EAG), insurance businesses can better strategize and manage premium revenue and offer client facing transparency to maintain brand equity. What are some of the metrics behind the EAG? Continue on for highlights on the ClimAIteTRACK process. ## Short and Long Term Effect of Moisture Metrics When it comes to physical infrastructure, moisture is the top element for damage to property and assets. Moisture causes corrosion in metals, advanced decay in wood and results in mold on most surfaces, rendering them unusable and a health hazard. Two key moisture metrics inside the ClimAIteTRACK algorithm are precipitation and humidity. Measured as a total in millimeters, precipitation metrics can point to short term impacts such as severe weather events and / or regional flood conditions. Increasing humidity levels suggest extended lingering exposure to moisture and longer term negative effects on infrastructure. Even a slight increase in daily humidity averages can have devastating effects over longer periods of time.The EAG algorithm identifies patterns and trends over historical and recent data within these moisture metrics and assesses potential risk using a machine learned process. ## Solar and Atmospheric Effects Climate change over the years has changed the chemical makeup of the Earth’s atmosphere and sky-borne elements are increasing negative impacts on man made structures and property. Metrics such as the UV Index, solar radiation and solar energy are damaging elements that can greatly increase wear and tear and shorten life cycles of buildings and assets. These metrics also contribute to unhealthy air quality environments inside buildings and structures and shorten lifespans of HVAC systems and internal structures. These changing atmospheric conditions are also causing chain reaction events such as increasing surface and ocean temperatures which are attributed to more intense, damage-causing weather activity and drier conditions that increase destructive wildfire events. Watching for patterns and trends within these solar and atmospheric metrics, the EAG can assess past exposure and potential for future risk based on historical and recent metric values. ## Physical Weather Elements Surface and physical weather metrics are included in the EAG and represent past occurrences or future potential for damage causing elements. Measured by speed and daily averages, wind gusts and maximum wind speed are an important metric in assessing infrastructure exposure and potential weakening by advanced wear and tear. Higher values and increasing trends can suggest potential for more damaging exposure and reduced working lifespan of man made elements. If applicable, snow cover values are considered as an extension of potential moisture exposure and weakening integrity of infrastructure. Snow accumulations and depth are utilized when values are available. ## Region Specific Analytics for the EAG Severe and catastrophic weather events are things the insurance industry will have to contend with as climate change continues to produce more frequent systems and drier conditions. Using technology, such as ClimAIteTRACK, insurance carriers gain a better understanding of a specific region’s past and potential future climate risk. The EAG provides a detailed analysis and rating that insurers can apply to premium revenue management or utilize in a Dynamic Premium Pricing Model (DPPM) in an effort to increase revenue and mitigate losses. The EAG is an easy to understand grading system that can also be utilized as a client facing element to offer transparency for premium adjustments or monthly / quarterly DPPM reporting. The EAG data cycle includes key weather metrics and statistics and has direct impacts on physical assets that would be covered by a residential or commercial insurance policy. The ClimAIteTRACK evaluation is now online. Get an EAG for any location here: https://traveltechnologysolutions.net/EvalPortal/#ctrack

4 months ago

A look under the hood of the EAG by ClimAIteTRACK tts.traveltechnologysolutions.net/climaitetrack-spotlight-... #climate #insurance #climatetechnology #insurancetechnology

1 1 0 0

ClimAIteTRACK: Spotlight on Key Metrics Behind the EAG – TravelTechnologySolutions.net – The Newsroom

4 months ago

A look under the hood of the EAG by ClimAIteTRACK tts.traveltechnologysolutions.net/climaitetrac... #climate #insurance #climatetechnology #insurancetechnology

1 0 0 0

ClimAIteTRACK: Spotlight on Key Metrics Behind the EAG The NOAA calls for an ‘above average’ hurricane season for 2025 and so far, it’s shaping up to be another busy year for commercial and residential property losses. That means more payouts from insurance companies and increasing operational costs that are no longer region specific as increasing severe weather activity spans the globe. Assessing region specific climate risk is a method for insurance companies to measure past and potential future exposure to severe, damage causing weather elements. ClimAIteTRACK is a new tool for the insurance industry that delivers detailed analysis of current and historical weather metrics to ‘paint an environmental picture’ of a specific area or location. With a generated Environmental Assessment Grade (EAG), insurance businesses can better strategize and manage premium revenue and offer client facing transparency to maintain brand equity. What are some of the metrics behind the EAG? Continue on for highlights on the ClimAIteTRACK process. ## Short and Long Term Effect of Moisture Metrics When it comes to physical infrastructure, moisture is the top element for damage to property and assets. Moisture causes corrosion in metals, advanced decay in wood and results in mold on most surfaces, rendering them unusable and a health hazard. Two key moisture metrics inside the ClimAIteTRACK algorithm are precipitation and humidity. Measured as a total in millimeters, precipitation metrics can point to short term impacts such as severe weather events and / or regional flood conditions. Increasing humidity levels suggest extended lingering exposure to moisture and longer term negative effects on infrastructure. Even a slight increase in daily humidity averages can have devastating effects over longer periods of time.The EAG algorithm identifies patterns and trends over historical and recent data within these moisture metrics and assesses potential risk using a machine learned process. ## Solar and Atmospheric Effects Climate change over the years has changed the chemical makeup of the Earth’s atmosphere and sky-borne elements are increasing negative impacts on man made structures and property. Metrics such as the UV Index, solar radiation and solar energy are damaging elements that can greatly increase wear and tear and shorten life cycles of buildings and assets. These metrics also contribute to unhealthy air quality environments inside buildings and structures and shorten lifespans of HVAC systems and internal structures. These changing atmospheric conditions are also causing chain reaction events such as increasing surface and ocean temperatures which are attributed to more intense, damage-causing weather activity and drier conditions that increase destructive wildfire events. Watching for patterns and trends within these solar and atmospheric metrics, the EAG can assess past exposure and potential for future risk based on historical and recent metric values. ## Physical Weather Elements Surface and physical weather metrics are included in the EAG and represent past occurrences or future potential for damage causing elements. Measured by speed and daily averages, wind gusts and maximum wind speed are an important metric in assessing infrastructure exposure and potential weakening by advanced wear and tear. Higher values and increasing trends can suggest potential for more damaging exposure and reduced working lifespan of man made elements. If applicable, snow cover values are considered as an extension of potential moisture exposure and weakening integrity of infrastructure. Snow accumulations and depth are utilized when values are available. ## Region Specific Analytics for the EAG Severe and catastrophic weather events are things the insurance industry will have to contend with as climate change continues to produce more frequent systems and drier conditions. Using technology, such as ClimAIteTRACK, insurance carriers gain a better understanding of a specific region’s past and potential future climate risk. The EAG provides a detailed analysis and rating that insurers can apply to premium revenue management or utilize in a Dynamic Premium Pricing Model (DPPM) in an effort to increase revenue and mitigate losses. The EAG is an easy to understand grading system that can also be utilized as a client facing element to offer transparency for premium adjustments or monthly / quarterly DPPM reporting. The EAG data cycle includes key weather metrics and statistics and has direct impacts on physical assets that would be covered by a residential or commercial insurance policy. The ClimAIteTRACK evaluation is now online. Get an EAG for any location here: https://traveltechnologysolutions.net/EvalPortal/#ctrack

4 months ago

ClimAIteTRACK: Spotlight on Key Metrics Behind the EAG tts.traveltechnologysolutions.net/climaitetrack-spotlight-... #climate #ClimateTechnology #insurance #insurancetechnology

0 1 0 0

ClimAIteTRACK: Spotlight on Key Metrics Behind the EAG – TravelTechnologySolutions.net – The Newsroom

4 months ago

ClimAIteTRACK: Spotlight on Key Metrics Behind the EAG tts.traveltechnologysolutions.net/climaitetrac... #climate #ClimateTechnology #insurance #insurancetechnology

0 0 0 0

Mission Zero Technologies

@missionzero.tech

4 months ago

Direct air capture technologies: The different methods explained The huge variety in methods makes it difficult to compare direct air capture technologies. Here’s a snapshot of the key differences between each.

5/5 Learn more about the key differences between each direct air capture method and why so much of the technology’s success hinges on the regeneration process ⬇️

tinyurl.com/5n984hdn

#DirectAirCapture #ClimateTechnology #Engineering #Sustainability

0 0 0 0

Asia News Today

@asianewstoday.bsky.social

4 months ago

Aurora Expeditions Becomes World’s First Cruise Line to Integrate Cutting-Edge AI Routing via Counte Aurora Expeditions, the award-winning leader in small-ship adventure travel, has announced a new sustainability collaboration with Australian climate-technology company CounterCurrent, integrating its pioneering AI-powered navigation system aboard the new Douglas Mawson. Launching in December 2025, the Douglas Mawson will host a CounterCurrent sensor throughout the 2025–26 Antarctic season, capturing real-time wind, wave and ocean-current data […] The post Aurora Expeditions Becomes World’s First Cruise Line to Integrate Cutting-Edge AI Routing via Counte first appeared on AsiaNewsToday.

Aurora Expeditions Becomes World’s First Cruise Line to Integrate Cutting-Edge AI Routing via Counte #AuroraExpeditions #CruiseTravel #AdventureTravel #Sustainability #ClimateTechnology

0 0 0 0

Citizen Portal News Ohio

@citizenptnewsoh.bsky.social

5 months ago

House approves bill to create Ohio regulatory framework for carbon capture and storage Substitute House Bill 170 passed the Ohio House on Oct. 8, establishing state-level permitting and regulatory authority for carbon capture and geological storage projects; sponsors said the move aims to allow Ohio to assume federal primacy and attract energy investment.

Ohio is paving the way for a greener future by passing a bill that puts carbon capture projects in local hands, promising faster permits and a boost to the economy.

Learn more here!

#OH #CitizenPortal #EnvironmentalProtect #ClimateTechnology #InnovationInvestment

0 0 0 0

Smart Green Shipping

@smartgreenshipping.bsky.social

5 months ago

The Ninth Sustainability Summit for SE Europe & the Mediterranean Amid a backlash against climate policies, the global sustainability agenda faces unprecedented headwinds. As multilateralism weakens, and geopolitical rivalries intensify, the very pillars of internat...

Together, they’ll explore how resource efficiency and circularity can drive progress towards global climate goals.

Will you be joining us for this vital discussion?

Find more info at events.economist.com/events-confe...

#ClimateTechnology #Maritime #SupplyChain #GreenTechnology

0 0 0 0

5 months ago

Climate change is the next major challenge for insurance businesses. ClimAIteTRACK is a data-powered revenue management solution that helps insurance companies navigate. Info and eval access here: climaitetrack.com #insurancetechnology #climatetechnology #climate

0 0 0 0

TTS Evaluation Portal

5 months ago

ClimAIteTRACK evaluation is NOW ONLINE! Climate change is a major challenge for the insurance industry. ClimAIteTRACK delivers benefits to insurance businesses & clients. Try it out here traveltechnologysolutions.net/EvalPortal/ or DM for access #climatetechnology #insurancetechnology #insurance

0 0 0 0

5 months ago

Climate change is the next major challenge for insurance businesses. ClimAIteTRACK is a data-powered revenue management solution that helps insurance companies navigate. Info and eval access here: climaitetrack.com #insurancetechnology #climatetechnology #climate #insurance

1 0 0 0

5 months ago

Data Driven Climate Assessments for the Insurance Industry - Download the report here: climaitetrack.com#proposal The changing environment is an ongoing concern for the global insurance industry #climatetechnology #insurancetechnology

0 0 0 0

Welcome to the ClimAIteTRACK Evaluation Portal

5 months ago

ClimAIteTRACK evaluation is NOW ONLINE! Climate change is a major challenge for the insurance industry. ClimAIteTRACK delivers benefits to insurance businesses & clients. Try it out here climaitetrack.com/ClimAIteTRAC... or DM for access #climatetechnology #insurancetechnology #insurance

0 0 0 0

5 months ago

Climate change is the next major challenge for insurance businesses. ClimAIteTRACK is a data-powered revenue management solution that helps insurance companies navigate. Try it out the evaluation climaitetrack.com #insurancetechnology #climatetechnology #climate #insurance

0 0 0 0

5 months ago

Data Driven Climate Assessments for the Insurance Industry - Download the report here: climaitetrack.com#proposal The changing environment is an ongoing concern for the global insurance industry #climatetechnology #insurancetechnology

1 0 0 0

ClimAIteTRACK UPDATE: DPPM and the Evaluation Portal Now Online – TravelTechnologySolutions.net

5 months ago

The ClimAIteTRACK evaluation is now online. Give it a try and let us know what you think. Read more here: traveltechnologysolutions.net/climaitetrac... #climate #insurance #climatetechnology #insurancetechnology

0 0 0 0

Welcome to the ClimAIteTRACK Evaluation Portal

5 months ago

ClimAIteTRACK evaluation is NOW ONLINE! Climate change is a major challenge for the insurance industry. ClimAIteTRACK delivers benefits to insurance businesses & clients. Try it out here climaitetrack.com/ClimAIteTRAC... or DM for access #climatetechnology #insurancetechnology #insurance

0 0 0 0

ClimAIteTRACK UPDATE: DPPM and the Evaluation Portal Now Online – TravelTechnologySolutions.net

5 months ago

ClimAIteTRACK UPDATE: DPPM and the Evaluation Portal Now Online traveltechnologysolutions.net/climaitetrac... #insurance #climate #insurancetechnology #climatetechnology

0 0 0 0

ClimAIteTRACK Sample Portal COMING SOON

5 months ago

Climate change is a constant in the insurance industry. ClimAIteTRACK delivers benefits to insurance businesses & their clients. Visit the Sample Portal for details & to access tryouts (avail late Sep): climaitetrack.com/ClimAIteTRAC... #climatetechnology #insurancetechnology #insurance

0 0 0 0