Weather Analytics Acquires & Merges with Athenium Inc.
"Carriers deserve intelligent solutions to get more informed insights, and these solutions will come from additional specialized products for risk selection and pricing," Pardue said. "Insurers also want the choice of a single risk selection and pricing provider who can marry those capabilities with third-party content and operational insights. Merged with
"Increasingly over the next two years," Kislo added, "Weather Analytics and
Employees at the combined company now total more than 100 people, and recruiting is accelerating for more scientists and technologists. They will continue to work at company offices in
Dr.
"These new programs will include advanced mobile applications for crop insurance, tools to more efficiently insure small businesses, and models to assess risk in workers' comp for diverse business classifications,"
"For example, starting this summer, clients using
"Other major new capabilities in development include deep machine learning for computer recognition of structural objects," said
"Innovative features to identify roof and property attributes for underwriters will generate imaging analytics and damageability models for a fraction of the expense from current providers," he said.
"Together, the two firms now will serve more than 65 insurance carriers and reinsurers, plus financial traders, and the
ABOUT WEATHER ANALYTICS
Weather Analytics aids insurance carriers and risk managers with decisive and reliable business intelligence through intuitive, easy-to-use web applications. Powered by over four decades of rationalized, gap-free, global, weather data, Weather Analytics is the premier meteorological data analysis company on a global scale. Our meteorologists and data scientists deliver rich, predictive insights impacting a range of fields, including property, crop, auto, and maritime activity.
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