Coming Soon: Swiss Re QUAKE
According to Artemis, Swiss Re is getting ready to launch a parametric earthquake coverage that will use data from the US Geological Survey ShakeMaps to define its parametric triggers. Recall: ShakeMap provides a near-real-time maps of ground motion and shaking intensity following significant earthquakes and is used by federal, state, and local organizations, for post-earthquake response and recovery, public and scientific information, as well as for preparedness exercises and disaster planning. Well, that was super scientific. Let’s move on. Speaking of innovation-and-earthquakes , Jumpstart Recovery comes to mind. The CA-based startup, which claims to allow customers to “bounce back from a major earthquake” is still in emerging mode.
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