ICEYE News

Catastrophe Monitoring Firm ICEYE Completes $93 Million Funding Round

ICEYE, the microsatellite manufacturer and catastrophe monitoring company, announced definitive agreement signed for an oversubscribed $93 million growth funding round. The financing will further accelerate investment in the world’s largest constellation of synthetic aperture radar (SAR) satellites and expand the …

Piercing Through Rain, Smoke and Fog: How Radar Satellites See Catastrophes

Executive Summary: The potential for satellite technology to revolutionize claims management has long been recognized but has only recently been realized with technological advancements. Satellite-based data can give the insurer a “head start” on the event, according to Stephen Lathrope …

New York City Launches Parametric Flood Program With Insurance, Tech Firms

Insurer Swiss Re Corporate Solutions, reinsurance broker Guy Carpenter, and the data technology firm ICEYE have teamed up with New York City government agencies to develop a pilot parametric flood recovery assistance program for low and moderate income households in …

Insurance Technology: Flood Data From Arturo and ICEYE; Weather Intelligence From Verisk; Home Valuations from CAPE Analytics

Arturo and ICEYE Offer Near Real-Time Flood, Property Damage Insights Property analytics firm Arturo and sensor data provider ICEYE hope to change what’s possible with insurance response to flood events. ICEYE’s near real-time flood imagery that provides flood depth, extent …

Tokio Marine Invests in Satellite Imaging Specialist ICEYE, Enters NatCat Collaboration

ICEYE, the Helsinki-based synthetic aperture radar (SAR) data provider and specialist in natural catastrophe solutions, announced that Tokio Marine Holdings has made a strategic investment in the company as it looks to develop new insurance products and services that utilize …

ICEYE, McKenzie Intelligence Form Partnership Offering Enhanced Flood Hazard Analysis

ICEYE, a provider of persistent monitoring with radar satellite imaging and flood hazard data, announced an agreement with McKenzie Intelligence Services (MIS) to provide flood hazard analysis before, during and after large-scale flood events. The ICEYE analysis will support MIS …