AccuWeather For Property and Casualty Companies
When it matters most, insurance companies trust AccuWeather's forecasts with proven Superior Accuracy™
Insurance companies need AccuWeather now more than ever to minimize claims, resolve claims faster, better underwrite new policies, streamline operations, and deliver the best service to policyholders.
Severe weather events are becoming more frequent and more damaging. Rising claim volumes, operational disruptions, and increased financial risks mean property and casualty companies must have the most accurate, most detailed, most valuable, and most actionable weather forecasts and warnings. AccuWeather For Business provides forecasts and warnings with proven Superior Accuracy™ often with more advance notice than any other source, thereby helping insurers make faster, smarter, better more cost-effective decisions.
AccuWeather Helps both Insurance Companies and Policyholders Reduce Losses
The best way to lower claims is to prevent damage before it happens. AccuWeather provides better, often more advanced warnings of damaging weather so insurers and policyholders can take action ahead of storms. As one example of AccuWeather's proven Superior Accuracy™ for tornadoes, we provide an average of 16 minutes of advance notice, compared to an average of only 8 minutes of notice by the National Weather Service.
Whether it is hurricanes, snow or ice, flooding rains, mudslides, high winds, extreme cold, heat waves, or polluted air, AccuWeather forecasts and warnings are proven to be significantly more accurate, more detailed, and usually more valuable than all other sources.
So, whether you are moving vehicles before hailstorms, better securing property before hurricanes, or preparing for extremely cold temperatures that burst pipes, AccuWeather's forecasts, with proven Superior Accuracy™, will help you minimize losses and become more resilient.
Here is additional proof of AccuWeather's Superior Accuracy:
- In a recent study, across all time periods and parameters, forecasts from a competitor were 65.6% less accurate than those available at the same time from AccuWeather.
- Compared to the National Hurricane Center, AccuWeather's hurricane tracks for storms that hit the U.S. were, on average, 8.1% more accurate, AccuWeather's hurricane intensity forecast was, on average, 3.7% more accurate, and AccuWeather's advance notice provided an average of 20 hours of additional advance notice.
- AccuWeather forecasts for the start time of snow and ice events had an average error of 1½ hours, whereas other sources averaged more than a 3-hour error, meaning AccuWeather was at least twice as accurate.
“The value of the Meteorology 911 option to call in and speak with meteorologists. It is certainly a huge help for us!"
- Jamie, Disaster Coordinator, of a large property and casualty insurance provider.
Best Protection for Your Policyholders and Improve Your Bottom Line
AccuWeather's Storm Potential Outlook
Be better prepared for severe weather with AccuWeather's Storm Potential Outlook. This report identifies the likelihood of significant weather risks up to 10 days in advance, including severe thunderstorms, major winter storms, widespread flooding, and hurricanes.
Get more detailed and more valuable insights into where these events will occur, how severe they will be, and their characteristics.
Whether you are preparing for potential tornadoes, heavy snowfall, or hurricane landfall, the Storm Potential Outlook provides you with the critical information you need to better protect your people, property, and operations.
Key Benefits:
- Geographical: Know exactly where severe weather is likely to occur.
- Severity Assessment: Understand the potential severity of storms, including wind speeds, hail sizes, and precipitation amounts.
- Timing: Receive forecasts up to 10 days in advance to plan and prepare.
- Comprehensive Risk Assessment: Includes severe thunderstorms, winter storms, flooding, and hurricanes.
Use Case: Current AccuWeather insurance companies use Storm Potential Outlooks to:
- Assess and anticipate potential claims arising from severe weather events with more advance notice.
- For example, an insurer can review a high-risk severe weather outlook to better prepare for increased claims related to property damage or auto accidents locality by locality.
- AccuWeather helps you identify risks in advance to allow for better resource allocation and advanced customer notifications.
AccuWeather's Storm Potential Notice
AccuWeather's Storm Potential Notice provides critical early warnings for expected widespread weather risks up to 5 days in advance, often ahead of other sources. This very detailed, easy-to-understand report specifies potential hazards and thresholds for severe weather events, including severe thunderstorms, flooding, major winter storms, and extreme cold.
Key Benefits:
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- More Advanced Warning: Receive alerts up to 5 days before severe weather strikes.
- Best Decision Making: Use detailed hazard information to make informed decisions.
- Reduce Your Risk: Take proactive measures to minimize weather-related damage and claims.
- Better Protect Policyholders: Keep policyholders better informed and safer, enhancing overall satisfaction and loyalty.
Use Case: Current AccuWeather insurance companies use Storm Potential Notices to:
- Fine-tune their underwriting processes
- Assist policyholders to better protect their property.
- For example, if a major winter storm is forecast, insurers can:
- Send targeted alerts to policyholders in the storm's path
- Advising them of snow and ice risks
- Encouraging preventive measures
- These notices ensure customers are best informed to reduce the number of claims for weather-related damage.
AccuWeather's Hurricane Warning Service™
AccuWeather's Hurricane Warning Service™ provides businesses with more accurate, more actionable, more detailed and more valuable insights into tropical depressions, storms, and hurricanes in the Atlantic and Western Pacific Oceans. This comprehensive service offers detailed data layers, including current storm position, forecast points, wind radii, storm surge, and risk assessments, helping organizations prepare for potential impacts.
Key Benefits:
- Proven Superior Accuracy: AccuWeather's forecasts are more accurate than other sources, providing a critical edge in hurricane preparedness.
- More Advanced Forecasts: Receive accurate and timely forecasts to enhance safety and reduce risk.
- Real-Time Tracking: Monitor storms in real-time to make the best informed decisions.
- Customized Insights: Utilize tailored forecasts and risk assessments to protect assets and ensure operational continuity.
Use Case: Current AccuWeather insurance companies use this service for anticipating and managing the impact of hurricanes by:
- Integrating hurricane track and wind probability data so insurers can:
- Adjust their risk exposure
- Ensure that they have adequate reserves
- Provide clients in hurricane-prone areas with timely warnings.
- Expedite claims processing for impacted regions and evaluate loss estimates more accurately by tracking real-time data on wind gusts, storm surges, and rainfall potential.
AccuWeather’s Snow Warning Service™
AccuWeather’s Snow Warning Service™ delivers the most accurate location-specific forecasts for snow and ice, providing critical insights into their impact on pavement, sidewalks, and travel. Customized alerts are tailored to each client's specified thresholds, ensuring that businesses receive relevant and actionable information.Key Benefits:
- More Accurate Forecasts: Receive accurate forecasts pinpointed to exact locations.
- More Customized Alerts: Get notifications tailored to your specific needs and thresholds.
- Greater Reduce Your Risk: Use more accurate forecasts to manage claims related to slip-and-fall incidents, car accidents, and property damage.
- Better Underwriting: Adjust underwriting processes with precise data on snow accumulation and icy conditions.
- Reduce Your Liability: Encourage preventative actions among clients to minimize claims and enhance safety.
Use Case: Insurance companies can leverage the Snow Warning Service to:
- Better manage claims related to slip-and-fall incidents, car accidents, or property damage caused by snow or ice.
- Send clients customized snow and ice warnings in advance to reduce the number of claims by encouraging preventative actions (e.g., salting driveways or clearing snow from rooftops).
- This service will help adjust underwriting for clients in snow-prone regions by providing precise data on snow accumulation and icy conditions.
AccuWeather's SkyGuard® Severe Weather Warnings
AccuWeather's SkyGuard Warning Service provides businesses with more accurate and often earlier warnings of severe weather threats, including tornadoes, hail, and high winds. These warnings are customized for specific locations, such as insurance offices, and delivered through multiple channels to ensure timely action.
Key Benefits:
- Forecasts and Warnings with Proven Superior Accuracy: More accurate forecasts and warnings with often more advanced notice of all other sources to enable you to make the best decisions to protect people and property.
- Location-Specific Alerts: More customized warnings tailored to your exact location.
- Multi-Channel Delivery: AccuWeather SkyGuard Severe Weather Warnings are delivered through various methods to ensure you stay informed.
- Expert Meteorologist Support: Backed by expert meteorologists available for consultation 24x7x365.
- Offering real-time tailored alerts for severe weather events.
- For example, if a tornado warning is issued for a region, an insurance company can:
- Send immediate notifications to customers
- Advising them to take shelter
- Better protect property
- Reducing the likelihood of severe claims.
AccuWeather's Data
AccuWeather's Database offers the cleanest, most robust, and most comprehensive weather data available, providing real-time, historical, and forecast insights. This extensive dataset includes over 350 daily variables and 70+ hourly parameters, delivering granular location-specific insights. It seamlessly integrates with analytics platforms to drive actionable business insights and better outcomes.
Key Benefits:
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- High-fidelity Data: Access to extensive historical and real-time weather data.
- Better Risk Modeling: Identify risk trends and refine risk models using historical weather patterns.
- Optimized Pricing: Use data like rainfall or temperature anomalies to optimize pricing for weather-sensitive policies.
- Improved Claims Accuracy: Enhance the accuracy of claims assessments in weather-impacted areas.
- Enhanced Customer Experience: Integrate APIs into customer-facing apps for real-time alerts, improving customer satisfaction and minimizing losses.
Use Case: AccuWeather insurance companies integrate AccuWeather’s APIs into their internal systems to:
- Gain deep insights into historical weather patterns
- Identify risk trends
- Make more accurate predictions for future claims.
- By leveraging data like historical rainfall or temperature anomalies, insurers can:
- Refine their risk models
- Optimize pricing for weather-sensitive policies
- Improve the accuracy of claims assessments in weather-impacted areas.
- Additionally, integrating APIs into customer-facing apps can provide real-time alerts to policyholders, enhancing customer satisfaction and minimizing losses from sudden weather events.
AccuWeather’s Forensic Services
AccuWeather's Forensic Services provides independent, expert weather analysis to verify past weather conditions at any location and time. By leveraging the most accurate and comprehensive weather data, including historical patterns, radar imagery, satellite data, and ground reports, forensic meteorologists determine if specific weather events—such as hail, wind, flooding, lightning, or snowfall—occurred as reported.
Key Benefits:
- More Detailed Forecasts: Detailed reports support insurance claims investigations, legal disputes, and fraud detection.
- AccuWeather Expertise: Trusted in court and by industry leaders for accuracy and credibility.
- Fraud Prevention: Identify and deny fraudulent claims while processing legitimate ones efficiently.
- Enhanced Trust: Maintain policyholder trust through fair and transparent claim handling.
Use Case: AccuWeather insurance companies use forensic services for:
- Hail damage to vehicles and properties in a specific region.
- To confirm the validity of these claims, the insurer uses AccuWeather’s Forensic Services to analyze historical storm data for the alleged date of loss.
- The forensic report determines that no significant hail was recorded in the area during the reported timeframe, allowing the insurer to deny fraudulent claims while promptly processing legitimate ones.
- This not only prevents financial losses but also ensures fair claim handling and maintains policyholder trust.
Case Studies and Testimonials
“I don't think it's an exaggeration to say that AccuWeather saved lives last night. I know it did...Thank you sincerely for all you do. There are at least 10 people last night who got early warning and were able to take shelter because of you. We will never be able to repay you.”
- Kelly Jo Johnson
Monroe County, TN 2/7/25
AccuWeather Customer
"AccuWeather is the only reason my family was safe during the Houston severe storms on May 16th. Your alert's timeliness gave me the time I needed to prepare my family and my home for the onslaught we would soon endure. My cell phone's emergency alerts did not go off until 20 minutes after the storm had fully passed. That’s the difference between life and death!"
- Michele
Houston, TX 5/16/24
AccuWeather Customer