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Tropical Storm Helene 🌀 is fast approaching the United States’ Gulf Coast. As the storm intensifies closer to the coast, landfall is expected to occur this Thursday .
With Maptycs, users can combine our powerful analytics engine with real time weather data to see which property locations are within the storm path. Create alerts, monitor local warnings, and generate value accumulation reports – all on an easy to use platform.
Hurricane Debby 🌀 is slowly making her way up the East Coast after making landfall yesterday in Florida. Parts of Georgia and South Carolina are expected to receive record amounts of rainfall, increasing the chances for catastrophic flooding.
Maptycs helps clients stay informed with weather overlays and a powerful notification system to help track exposures within the storm path.
Tropical Storm 🌀 Beryl is making its way through the Gulf of Mexico! Maptycs clients can track its position in real-time. With our platform, clients can take swift action to mitigate risk and execute their emergency plans as needed to protect their people, assets and operations.
NOAA is predicting an above-normal 2024 Atlantic hurricane season, which occurs June 1 to November 30. The outlook indicates an 85% chance of an above-normal season.
Maptycs was in Toronto this past week spending time with clients and sharing our geospatial property risk management software with the Canadian market.
We are progressing in our innovation journey, and are happy to report that we recently integrated the Munich Re Natural Hazards Location Risk Intelligence into Maptycs.
Clients using Maptycs to manage their property and climate risk exposure, will be able to leverage the high quality and comprehensive multiperil risk scoring from Munich Re worldwide to improve their risk assessment, risk mitigation, risk pricing and claims resources management activities.
In 2023, the U.S. saw a record 28 weather events causing over $1 billion in damage, primarily due to severe convective storms (SCS), which often include hail. The increase in SCS-related losses is attributed to changing weather patterns, expanding development into new areas, and the inclusion of expensive properties like solar arrays.
MAPTYCS® helps risk professionals assess and mitigate exposures to changing climate risks, like SCS.
MAPTYCS® will be at RIMS (Risk and Insurance Management Society, Inc.) Riskworld 2024 in San Diego this May.Please reach out via LinkedIn messaging, or directly to noahbarrengos@maptycs.com to schedule a meeting time. We look forward to seeing you there!
Maptycs will be at RIMS Risk World 2024 in San Diego this May. We would love to share our powerful geospatial analytics tool with you! Maptycs has lots of new features and an innovative user interface that the risk management community will want to see.
MAPTYCS is an extraordinary product for the increasingly complex world of risk management, bringing clarity, precision, and a renewed sense of purpose. We hope our brand to become a beacon of innovation in a fast-changing risk landscape, guiding our clients through the intricacies of property and climate risks with confidence and ease.
According to the SwissRe Institute, global insured losses from natural catastrophes exceeded $100 billion for the fourth consecutive year. In 2023, there were 142 natural catastrophes, setting a new record. While hurricanes remain the most threatening weather events, severe Convective Storms (SCS) and the associated hail accounted for a record high of $64 billion in insured losses in 2023.