Tokio Marine Holdings and ICEYE to develop insurance products using satellites

Insurance products - Satellite Data

The new collaboration uses satellite data to develop new forms of coverage and service. Radar data provider Tokio Marine Holdings and NatCat solutions expert ICEYE have announced that they will be working together to use satellite data to develop new insurance products and services. The types of coverage and services will focus specifically on climate change and natural disasters. According to ICEYE, Tokio Marine has made a number of strategic investments into the NatCat solutions company as it works to create new insurance products and services geared toward natural catastrophes…

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