ICEYE and Juniper Re announce multi-year flood and wildfire data collaboration

ICEYE, a company claiming to offer near real-time insights on natural catastrophes across the globe, has announced a new data collaboration with Juniper Re, the reinsurance broking arm and indirect subsidiary of The Baldwin Group .

Juniper Re will leverage ICEYE’s flood and wildfire insights data to support their carrier clients by accessing near real-time observed data on large-scale events to determine the impact within hours and support data-driven decisions.

ICEYE operates the world’s largest constellation of synthetic aperture radar (SAR) satellites, offering access to actionable earth observation data.

“ICEYE’s ground-breaking technology is a game changer for persistent monitoring and actionable insights. The ability to identify specific risks and ground-truth damage at scale, no matter the condition, in near real-time is revolutionary. Damage can be understood in hours as opposed to days, allowing our clients to quickly understand the impact of an event and promptly undertake loss mitigation steps.” – Adam Miron, Head of Catastrophe Analytics, Juniper Re.

“We are delighted to collaborate with Juniper Re and support the development of leading-edge data solutions. This collaboration aligns with ICEYE’s mission to get near real-time observed data into the hands of carriers and brokers following extreme weather events, enabling the industry to make better and faster decisions.” – Kurt Jackson, Head of Insurance, Americas at ICEYE.