Risk Management from Above: Satellite Imagery for Insurance Companies

Risk Assessment and Hazard Mapping

Our risk assessment satellite imagery helps insurance companies identify and understand potential hazards before they occur. This includes mapping areas prone to floods, wildfires, or other natural disasters. It allows for improved hazard models and better informed underwriting decisions.

Disaster Impact Analysis & Rapid Claims

Following natural disasters like floods, wildfires, or hurricanes, our disaster impact analysis satellite data provides critical geospatial information for rapid assessment and decision-making. This enables insurance companies to swiftly validate policyholder claims, evaluate property conditions, and analyze damage to properties. This greatly speeds up the claims process.

Agricultural Insurance Support

For agricultural insurance, our agricultural insurance satellite solutions offer robust support. This includes validating moisture levels across crops and other terrain, monitoring drought hotspots for wildfire risk, and streamlining the analysis of crop production and land use. This aids in accurate crop loss adjustment and yield prediction.

Property Inspection & Fraud Reduction

Our property inspection satellite imagery allows for remote verification of property boundaries, identification of illegal constructions, detection of visible damages, and assessment of current land or building use. By providing precise and unbiased data, our solutions significantly help to reduce fraud and streamline claims processes.

Environmental Protection & Climate Risk

Satellite data assists in monitoring environmental changes, tracking pollution levels, and assessing climate impacts. This is vital for identifying high-risk properties and improving the accuracy of models to inform and monitor mitigation programs related to environmental liabilities and climate change risks.

Urban Planning & Infrastructure Development

High-resolution imagery supports the planning and monitoring of urban and rural areas, including the built environment and infrastructure related to insured assets. This involves detecting new road and building construction, and monitoring climate risks to new developments, providing key context for insurance policies.

Construction Progress Monitoring

Monitoring construction projects is relevant for builder's risk insurance or property development policies. Our construction progress monitoring satellite solutions provide visual updates on project timelines and potential issues, aiding in policy assessments and claims.

High-Resolution Optical Satellites

These provide incredibly sharp visual data for detailed property and land assessments.

• Superview Neo-1: 0.3m/px resolution.
• Superview-2: 0.4m/px resolution.
• Superview-1: 0.5m/px resolution.
• GF-7: 0.65m/px resolution.
• GF-2: 0.8m/px resolution.
• GF-6: 2m/px resolution.
• ZY-3: 2m/px resolution.
• GF-1: 8m/px resolution.
• GF-5B: 30m/px resolution.
• ZY-1 02D: 30m/px resolution.
• GF-4: 50m/px resolution.

Synthetic Aperture Radar (SAR) Satellites

SAR imagery is highly valuable as it provides all-weather, day-and-night imaging capabilities, enabling monitoring through cloud cover or darkness. This is critical for consistent disaster impact analysis satellite data, especially during adverse weather.

• GF-3 SAR: 1m/px (SAR).
• LT-1 SAR: 3m/px (SAR).
• SAR sensors support C-band, L-band, and X-bands, with options for single, dual, and full polarization.

High Revisit Capabilities

The Superview Neo Commercial Satellite System can revisit areas up to 25 times per day, covering 30 million km² daily. This rapid revisit capability is essential for frequent updates needed for dynamic risk assessment and post-disaster analysis. This system offers a rapid 1.5-hour response time and 1-hour data delivery for urgent requests.

• Superview Neo-1: Daily revisit.
• Superview-1: Daily revisit.
• Superview-2: 3-day revisit.
• GF-4: Very frequent revisit at 20 seconds.
• Other satellites range from 3 to 12 days for revisit.

AI-Powered Satellite Analytics

Our solutions integrate AI for advanced data processing and predictive analysis. This enables real-time monitoring of key areas and supports sophisticated modeling for risk assessment and fraud detection. AI is also used for real-time disaster monitoring and response, enhancing the speed and accuracy of our claims verification satellite data.

3D Digital Models (DEM, DSM)

Digital Elevation Models (DEM) and Digital Surface Models (DSM) provide 3D representations of terrain and buildings. These are crucial for understanding land features, assessing property conditions in complex terrains, and planning for infrastructure projects, offering unmatched accuracy for risk assessment satellite imagery.

Digital Orthophoto Maps (DOM)

Georeferenced images corrected for terrain effects offer pixel-perfect clarity for mapping and extracting details like buildings and roads. They are valuable for long-term monitoring of landscapes and urban growth, assisting in property valuation and damage assessment.

3D Geographical Scenes & City Models

High-resolution 3D models provide real-time insights into urban infrastructure. They support planning, construction, and disaster management within urban environments, offering detailed context for insured properties and related infrastructure.

Software Tools & Solutions

We provide advanced tools for image processing, including adjustment, orthorectification, fusion, blending, color correction, and mosaicking. These ensure spatial consistency, precision, and high-quality visuals, ready for integration into your existing workflows.

Real-Time Data Access & Archives

Clients have access to a vast archive of satellite data dating back to 1999, along with the ability to request new imagery on-demand and receive real-time data transmissions. This extensive data history is crucial for analyzing long-term trends and verifying past conditions for claims.

Ground Facilities & Data Processing

XRTech Group leverages China Siwei's 10+ Ground Stations for a global command and data reception network, capable of worldwide coverage within 3 hours. We possess state-of-the-art data processing capabilities, handling 50 TB of data daily with a cloud-based system and an extensive 60 PB data storage. This infrastructure ensures rapid delivery of insights.

Precision & Accuracy

Our high-resolution satellite imagery provides sub-meter resolution, ensuring unmatched accuracy for identifying property conditions, assessing damages, and supporting precise underwriting decisions.

Speed & Efficiency

Rapid response times and swift data delivery accelerate the claims process and allow for quick assessment of disaster impacts. This streamlines loss adjustment and optimizes inspection labor, providing a more reliable and efficient approach.

Comprehensive Coverage

Our global network provides comprehensive coverage across broad areas, ensuring that you can monitor, measure, and report on assets anywhere in the world. This supports scalable insights for diverse insurance portfolios.

Actionable Intelligence

We go beyond raw imagery, providing analysis-ready data and advanced tools. This helps develop advanced predictive modeling capabilities and drives more efficient analysis, translating data into actionable results for better risk management satellite solutions.

Fraud Reduction

By offering precise and objective data, our satellite imagery for insurance companies helps to identify discrepancies and reduce fraud, enhancing the integrity and reliability of your claims verification process.

No Export License Delays

As a non-U.S. provider of high-resolution satellite imagery, we avoid export control bottlenecks, ensuring faster data delivery with fewer restrictions. This simplifies access to critical data for international insurance operations.