Disruptive weather events generate billions of dollars in insurance claims every year and impact millions of lives and properties. WSI provides the guidance and expertise needed to help insurance and financial companies predict and respond to severe weather events. From consultations with expert meteorologists to real-time and historical weather data from around the globe, WSI offers a full suite of products to help insurance companies assess, manage, and mitigate the financial impact of hazardous weather events.

Hazard Forecast Tools

WSI’s Hazard Forecast Tools include detailed preseason, live hurricane and updated seasonal forecasts.  These unique forecasts contain features that have been previously unavailable to the marketplace including hurricane predictions beyond 5 days, uncertainty estimates, and the incorporation of the entire suite of state-of-the-art global forecasting models.  Insurers will be able to plan more strategically with increased lead time and greater forecasting accuracy to help identify exactly where exposures exist. 

Global Weather Data

Real-Time Data - Leveraging a robust data collection facility that ingests vast amounts of weather data from around the world, WSI can produce real-time products that display weather in a format that is most useful to your operations. For example, if a severe wind event is occurring in an exposed region, WSI can produce text files or shape files, in real-time, depicting the sustained wind speed and maximum wind gusts. Other types of data available include North American and European radar information and global satellite imagery.

Forecast Data - WSI provides forecasts for the US Hurricane season, Japanese and Australian typhoon seasons, and European wind seasons. WSI updates these forecasts on a monthly basis to allow members of the industry to buy more protection and/or provide more capacity.

Historical Data - For those that require historical weather data for analyses, WSI provides access to worldwide weather data collected as far back as most observation stations have been in existence.

Leading Research & Development - WSI’s capabilities extend beyond straight data delivery. Our leading-edge research and development team constantly strives to translate weather information into more powerful and useful tools to aid our customers with critical decision making. WSI produces a number of proprietary forecasts including WSI’s Hot Storm Index™ which derives the potential impact of severe weather events including hail, wind, and flooding from raw NEXrad radar data.