Axa Digital Commercial Platform has signed a deal to use ICEYE’s high-resolution SAR data to monitor floods, wildfires, hurricanes and other extreme weather events.

ICEYE’s satellites provide near real-time monitoring day or night and in all weather conditions, with imaging down to 25cm. Data can be combined with other sources to produce precise flood analytics. The company supplies several NATO members including Finland, Poland and the Netherlands.

Pierre du Rostu, CEO of Axa DCP, said the agreement represented a “landmark deal”.

“We are responding to the challenge of the polycrisis by evolving. Our goal is to make use of the very best solutions available to move beyond response to prediction and prevention,” he added. “ICEYE is a world leader in monitoring natural catastrophes and provides the real-time insights our clients require even when it is dark, when there are clouds, when there is dust, smoke or volcanic ash.”

Stephen Lathrope, senior vice-president of solutions at ICEYE, commented: “Scaling access to ICEYE’s advanced SAR technology through Axa DCP is a transformative step for the insurance and risk management sector. It enables organisations to harness cutting-edge innovation at scale, unlock new insights, and fundamentally change how they prepare for, respond to, and recover from catastrophic events. Together, we are helping unlock new insights and strengthen catastrophe response strategies.”

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