Axa and Planet form cat modelling partnership

Axa Digital Commercial Platform has partnered with Earth imaging company Planet to strengthen its monitoring of natural catastrophes using satellite data.

Under the agreement, Planet will provide near real-time Earth observation data to help Axa track floods, wildfires, earthquakes and hurricanes. The data will be integrated into Axa’s risk management platform to support response and claims monitoring.

Pierre du Rostu, chief executive officer of Axa Digital Commercial Platform, said: “Natural disasters are now an ever-present danger, and the climate crisis is making them worse.

“At a time like this, we are looking to strike deals with those companies that can provide us the high-quality climate intelligence we need to better understand and respond rapidly to such events and, to the degree that it is possible, foresee them and enable our clients to take preventative or evasive measures.

“Planet’s data and insights will greatly enhance our ability to do this.”



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