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2018: A Year in Review

Geomni reflects on many of the major storms and catastrophic events that impacted the U.S. in 2018  and how rapid response supported post-CAT rebuilding efforts.
Industry Outlook

 

2018 was a harrowing year for catastrophes.

Coming off the heels of 2017’s destructive wildfire season, the January Southern California mudflows sent piles of debris as high as 15 feet barreling down creeks and valleys into the Montecito area.

In July, an EF-3 tornado rocked central Iowa, damaging hundreds of commercial and residential buildings.

Just a few days later, the Carr Fire ignited in California, consuming 229,651 acres over five weeks.

While that was going on, an EF-1 tornado touched down in Webster, Massachusetts, taking residents by surprise and displacing over two dozen people from their homes.

Weeks later, Massachusetts was hit again by a natural gas explosion that destroyed 40 homes and caused 80 individual fires.

Then came the heavy hitters. Hurricane Florence flooded North and South Carolina in September; the sleeper hurricane shattered rainfall records for the two states. Not to be outdone, Hurricane Michael was the third-most powerful hurricane in terms of pressure to hit the contiguous United States and the first ever to make landfall in the Florida Panhandle.

Back in California, the Camp and Woolsey Fires ravaged Butte, Los Angeles and Ventura counties throughout November.

Then Taylorville, Illinois took a direct hit from a rare EF-3 tornado, an unusual occurrence for December.

2018 saw its share of major storms and diverse catastrophic events all across the U.S. In the wake of each disaster, Geomni was there capturing post-CAT imagery and documenting the damage to aid in a speedy recovery process.

Coordination efforts pre-event enabled rapid response; Geomni worked with other Verisk business units to track and monitor storms.

In addition, Geomni owns and operates a large fleet of fixed-wing aircraft, strategically located across the country. This means that as severe events occur, Geomni is already prepared with aircraft and sensing equipment, ready to deploy on a moment’s notice.

Using industry-leading remote sensing and computer vision technology, Geomni’s imagery capture teams work around the clock to document post-catastrophe damage, and then process and upload imagery for customers—which is critical to restoration efforts. The imagery and related data analytics can be seamlessly integrated into estimating tools, like Xactimate®, increasing post-CAT efficiency and enabling the concentration of resources where they’re needed most.

Geomni has built a massive database of high-resolution aerial imagery and 3D data through multiple remote sensing platforms. By consistently going out and documenting post-catastrophe damage, we continue to update and expand our library, dramatically improving the way people work with property information and their customers during a claim.

With the unexpected and catastrophic nature of 2018, it’s hard to predict what 2019 will bring, but there is one guarantee: No matter the size or type of a catastrophe event, Geomni will be ready for it, efficiently documenting the damage and helping to restore the lives of customers nationwide.

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