Insurance & Reinsurance
Parametric triggers built on physical ground truth.
Insurers and reinsurers rely on models trained on interpolated satellite data and macro weather layers. Velox closes the gap — providing street-level climate signals captured directly from deployed infrastructure nodes — spanning every major climate zone.
Built for:
Global reinsurers
Regional insurers
ILS funds
Underwriting teams
Risk analytics teams
Parametric specialists
Reinsurance brokers
ESG & CSRD teams
The challenge
Where conventional data falls short.
Models trained on noisy data
Satellite and interpolated datasets miss micro-level events — the ones that actually drive claims.
Accumulation blind spots
Portfolio exposure to correlated climate events is difficult to quantify without granular, real-time signals.
Parametric trigger latency
Manual claims processes and slow data delivery erode the value of parametric products for policyholders.
Regulatory pressure
IFRS 17, CSRD and Solvency II require climate risk disclosure that generic models cannot support reliably.
Use cases
How Velox AI creates value.
Parametric trigger design
Ground-truth WRI, FRI and Heat Index feeds enable automatic, transparent parametric payouts — no loss adjustment required.
Underwriting data enrichment
Asset-level climate scores delivered via API directly into pricing engines. Hourly updates, GPS-classified by climate zone.
Portfolio accumulation analytics
Real-time accumulation view across your insured portfolio. Identify correlated exposures before they materialise as losses.
Nat-cat model calibration
Street-level physical data to calibrate and validate catastrophe models — reducing basis risk and improving loss estimation accuracy.
CSRD / IFRS 17 reporting
Structured climate risk data formatted for regulatory disclosure. Audit-ready, documented methodology.
Product innovation
Climate intelligence as a foundation for new parametric products — wildfire, flood, heat stress, wind — across any geography.
Alert catalogue
The signals that matter for Insurance & Reinsurance.
Wildfire Risk Index (WRI)
0–100 composite score — temperature, drought, wind, vegetation factor by climate zone.
Flood Risk Index (FRI)
Weighted composite of rainfall, pressure drop, humidity saturation and latitude factor.
Heat Stress Index
Steadman Heat Index — perceived temperature above threshold by GPS climate zone.
High Wind & Gust Alert
Cut-out risk at 80+ km/h sustained. Hourly monitoring, all geographies.
Sand Storm Alert
Triggered on arid/semi-arid zones — PM10, wind speed and humidity composite.
Extreme Rainfall
Direct threshold alert at rainfall > 20 mm/h. Flash flood early warning.
CES™ Climate Exposure Score
Structural climate risk score 0–100 per zone — heat stress trends, flood exposure, drought frequency, wildfire proximity. Ready for parametric trigger design and CSRD disclosure.
“
Satellite models told us the risk was moderate. Velox told us the WRI was 79 on that specific site, three hours before the fire started.
— Risk Analytics team, European reinsurer
Recommended plans
Start with the right tier.
Recommended for Insurance & Reinsurance use cases. All plans include access to the full alert catalogue.
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