Finance, Investment & Insurance

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OTAM

Status date: 09 July 2019

The OTAM (Oil Trading Analytics Monitor) is a comprehensive solution for the oil trading analytics market, created by seamlessly combining data from the maritime (AIS+) and remote sensing (optical and SAR) sectors with oil analytics data. This new combination of datasets provides actionable insights on the status of the oil market.

Orbital Witness

Status date: 27 June 2019

This project is working to provide archives of high-resolution satellite imagery alongside complementary property and legal datasets to allow real estate lawyers to conduct legal due diligence on property assets in a faster and more pain-free fashion.

SiriusInsight

Status date: 10 June 2019

Sirius Constellation Ltd is developing ‘SiriusInsight’, a Situational Awareness platform using pioneering techniques in Artificial Intelligence including ‘Explainable Artificial Intelligence’. The fully developed system will have applications in many commercial and governmental areas.

AIMEE

Status date: 29 May 2019

In 2010, the United Nations explicitly designated that "safe, clean, accessible and affordable drinking water” is not only a necessity, but also a fundamental human right. However, we live in an imperfect world, in which man-made activities and natural disasters create conditions that limit our access to water and expose us to dangerous water events. Organisations around the world have recognised this challenge and shown their commitment to creating, as the World Bank terms it, “a water-secure world for all.”IMGeospatial is honoured to be part of this movement and has partnered with three clients to address the biggest water-related threats to our livelihood: flooding, water scarcity and water quality. We provide business intelligence that enables them to proactively manage their water systems, build resilience in their communities and ultimately minimise risk and impact. We do so by automating the data pipeline, reducing the time and cost of turning earth-observed data into actionable insights.  

PREMIA

Status date: 08 May 2019

Our project aims to fill the gap currently existing between satellite Earth Observation and the agro insurance market by providing an innovative and integrated end-to-end platform

VtDaws

Status date: 07 May 2019

VtDaws is a service developed on a SaaS model. VtDaws includes in its features the access to EO data (especially Sentinel and Copernicus Services data), a change/anomalies detection engine based on machine learning techniques, a warning service transforming data into information to the users and community sourcing features to add in-situ data and share information on smartphones or tablets.

Project TAPIO

Status date: 17 April 2019

Project TAPIO enhances Point4’s RiMiT® vegetation risk management solution with data derived from a variety of Earth observation (EO), position, navigation & timing (PNT) and satellite communication (SATCOM) platforms.  This project reduces operator cost and risk exposure by improving the quality and quantity of inputs to the RiMiT® solution. 

ARCT.esa

Status date: 12 April 2019

The ARCTTM stakeholder mapping tool offers visualization of “Project Health” in the cross-roads between society, environment, business and policy. The unique de-risking tool combines climate change risks with other factors and makes them relevant, simple and visual for owner and decision makers of any infrastructure project.ARCT has also found a fun and engaging way to score and report on the UN Sustainability Goal Climate Action goal #13. www.arct.tools.

Greenhouse Early Warning Service

Status date: 09 April 2019

Greenhouse owners are in a very competitive market, in which unexpected costs due to damage and decay of the greenhouse assets can cause severe problems. This feasibility study aims to provide insights into how an early warning service using space data can help greenhouse owners to prevent or mitigate non-insurable risks threatening their business.

SSFIS

Status date: 02 April 2019

Smallholders are underserved by credit providers as lenders are unable to assess their risk. Sensonomic’s system uses predictive and prescriptive simulations to assess system effects of credit deployment and open the market. With its dynamic data consumption, and iterative and reactive simulations, the service provides a continually updated prediction of how robust the credit providers portfolio is.

Project Impactor

Status date: 11 March 2019

Impactor deliver a prototype/credit scoring tool based on locally collected data, weather data and remote sensing data works. With this, we can provide financing to smallholders  – and support traders in taking over financing activities to these smallholders – Impactor could in a later stage expand to advice, which after then can be presented to impact investors (via a platform). 

Ground Instability Risk Profiling (GIRP) now branded as Hi_Ground

Status date: 22 February 2019

Hi_Ground delivers new subsidence risk profiling tools, based on our unique Core Subsidence Hazard Score, for every property and postcode in the UK.

Satellite data analytics for (re)insurance

Status date: 16 January 2019

Geospatial data analytics for (re)insurance

Building Stock Monitor Service

Status date: 09 January 2019

The proposed Building Stock Monitor Service is a service to aid municipalities with monitoring the entire building stock within their geographical borders by using satellite imagery from Sentinels 1 and 2.The revisit time of these satellites give unprecedented update frequency as opposed to current technology that typically involves fly-bys at high costs.

RWatch

Status date: 14 December 2018

Monitor the number of cars in selected retail outlets, and use car park fill rate as a proxy to monitor and predict the financial performance of retail companies

Star Point

Status date: 14 December 2018

Apply the ESA’s DrMUST LoOP outlier detection model to find anomalies in financial trading data and in time-aggregate sales and trading performance measures.  Provide rich real-time alerts to sales people and traders when anomalies are detected.

Village Data Analytics

Status date: 13 December 2018

Village Data Analytics is an Earth Observation-powered service that helps micro-grid developers in developing countries locate viable communities for micro-grids and offers ongoing support in measuring impact. This scalable service reduces the time needed for tedious and expensive on-ground surveying and allows impact investors to link funding of micro-grids to specific deliverables.

ConsTrack

Status date: 12 December 2018

ConsTrack serves as a comprehensive construction site information service to the economic and financial sector, through an integrative satellite observation and satellite navigation solution and dedicated IT system.

Urban Space Series

Status date: 11 December 2018

The Urban Space Series is a real-time index of urban economic development. The product developed in common with ESA and QuantCube Technology is an IA platform for land characterization, specifically to detect urban city area, based on satellite images. The service monthly provides the shape of selected cities and useful metrics such as area and urban change detection.

Energy SCOUT

Status date: 31 October 2018

The SCOUT project is the commercial and technical feasibility investigation of using various Satellite Earth Observation assets to monitor the global oil & gas supply chain, to help reveal new insights for the financial services commodities trading and related sectors.

TELEKAIROS®

Status date: 29 October 2018

TELEKAIROS® Fintech is a tool for financial and (re)insurance contracts that derive value from an underlying asset such a traditional stock, a bond or stock index. TELEKAIROS is capable to manage different kinds of risks, for example by increasing the efficiency of the underlying market because they lower unforeseen costs of purchasing an asset outright.

Earthcube

Status date: 29 October 2018

Every year, millions of financial contracts whose value is indexed on hard commodities prices are traded on financial markets. Australia and Brazil represent 54% of the global supply, while China and India combined represent more than half of the global demand in hard commodities. It is thus key for investors to be able to forecast outputs and inputs in these countries where opacity remains high. Earthcube leverages satellites to tackle this issue.

CountFloors

Status date: 22 October 2018

CountFloors (CF) is a service designed to collect and analyse GNSS-geocoded images of buildings acquired at street level together with Sentinel data. CF automatically retrieves ground-level and satellite images on urban areas of interest, and uses a machine learning approach to extract risk-relevant characteristics of buildings depicted in the images. These features are sought after by risk modellers and insurance companies; yet they are of interest also in the real estate market and to the municipalities for their planning.

SAVANT

Status date: 26 September 2018

SAVANT is an end-to-end analytics and insights service, generating and delivering bespoke products tailored to specific requirements of customers seeking information on the mining industry, with an initial focus on the copper mining sector.

FAMOS

Status date: 10 September 2018

The objective of the FAMOS project is to improve the claim management, loss adjustment and sales capabilities for forest and agriculture damage insurances. Combining earth observation, IT technology and GNSS, the service supports target users by improving the efficiency of existing business processes. 

AMBROSIA

Status date: 14 August 2018

The ESA-Ambrosia food safety and traceability platform combines Blockchain technology, IoT, Satellite Earth Observation (SatEO) and GNSS Satellite Navigation to achieve maximum automation, security, and transparency of the food supply chains.

DFMS4i

Status date: 18 July 2018

The project investigated how drought and flood prediction and monitoring services derived from in-situ and space-based Earth Observation data - in from the Sentinel satellites - could support the uptake of agriculture insurance in developing countries, with an initial focus on Uganda.

WaterInfo

Status date: 12 July 2018

WaterInfo is using Earth Observation satellite data to provide value to the energy sector.

AgeSpot Feasibility Study

Status date: 18 May 2018

AgeSpot provides THE starting point for any innovative technological solution addressing ageing populations. It enables efficient targeting of the silver economy and offers precise demographic data on WHERE and HOW MANY age specific classes currently live and will likely live in the FUTURE. With AgeSpot a new Earth Observation (EO) supported business intelligence service is offered.

INSUTRAX

Status date: 19 January 2017

The INSUTRAX feasibility study objective is to investigate the technical feasibility and commercial viability of integrated applications utilizing various satellite data sources (GNSS, EO and Satcom) for cargo tracking in support of IT insurance products focusing on Polish insurance market.

TransparentForests

Status date: 07 December 2016

TransparentForests, a web-based Geographic Information System (GIS) for mapping and data management, is designed to increase the credibility and transparency of the FSC certification process. It supports all stakeholders in engaging with, and improving the certification process. It creates opportunities for operational efficiency across the certification service delivery chain. The TransparentForests concept has applications in forest insurance, finance and biomass energy.  

Improving the Efficiency of Loss Adjustment and Claims Management in the Insurance Industry

Status date: 13 July 2016

The study analyses the feasibility and viability potential of an earth-observation based service for supporting the claims management process in the forest insurance industry. A main aspect is loss adjustment after large-scale disasters with a focus on storm events and forest fires.   

FLARE

Status date: 10 June 2016

FLARE is an integrated software package and data service which supports the global forestry insurance industry in asset estimation, risk management and loss adjustment. This feasibility study analysed the operational, technical and economic viability of a FLARE system/ service providing Earth Observation and Global Navigation Satellite System data and mapping products, within a simple software interface. 

InsureApp Service

Status date: 11 February 2016

The objective of this demonstration project is designing, developing and pre-operating a web-based platform for improving the efficiency of insurance claim management with focus on weather-related hazards. The key service offered to the insurance companies is the Flood Claim Report Generator which will automatically generate reports for specific flood or rainfall events based on the best available information.

VeriSpace

Status date: 09 February 2016

VeriSpace was an ESA-funded feasibility study that seeks to identify how space assets, such as Earth Observation (EO), Global Navigation Satellite Systems (GNSS) and communication technology, can be used to enable business benefits to insurance companies and loss adjusters when managing insurance claims. During the study, the VeriSpace Consortium specified two sustainable, user-driven services that utilise these space-based technologies to meet the needs of those businesses involved in claims management.The VeriSpace feasibility study showed that space assets can contribute to providing services that can help the insurance industry in a number of business processes within the overall insurance claims process, which can ultimately provide efficiency savings to the insurance industry.

InsureApp Service - The hazard control room for the insurance Industry

Status date: 19 May 2015

 The objective of this project is to demonstrate a web-based Water Control Room which improves the efficiency of insurance claim management and water management before, during and after weather-related hazards. The key service offered is the Flood and Rain Report Generator which automatically generates reports for specific flood or rainfall events based on information from satellites, radars, gauges and crowdsourcing

SatFinAfrica

Status date: 25 March 2015

This is a pilot project to demonstrate the suitability of the Sat3Play platform, originally designed for the consumer and SoHo market, to provide reliable and secured financial services in remote and underserved areas in emerging countries in Africa. 

InsureApp Service

Status date: 01 April 2014

This feasibility study carries out an analysis of the most critical elements with respect to technical feasibility and viability (economic as well as non-economic) of a web application aimed at improving the efficiency of the management of insurance claims with a focus on weather-related hazards