ACE, a global multiline property and casualty insurer, and Willis Re Analytics have announced the launch of the ACE Cat Web platform designed to help companies understand better their catastrophe risk profile and accumulations in different locations around the world.
Using data from earthquake, storm, and flood risk made available by risk modeling agency RMS, along with information provided by the company, the ACE Cat Web Platform provides a unique online visualization of the relative exposures that a company faces worldwide using a color-coded global mapping feature. Satellite imagery can then be used to provide more detailed risk assessments of local risk by ACE's engineering specialists.
The platform can also be used to view past and current global natural hazard activity, including earthquake, storm and flood events, using data from the U.S. Geological Survey. ACE will make the platform available to its risk engineers advising existing and potential new customers.