Things To Know About Amica
Amica is a privately held company founded in 1907. The insurance based company is headquartered in Lincoln. It has specialties in the sectors of home insurance, auto insurance, life insurance, marine insurance and umbrella insurance.
It also has a long-standing mutual insurer of automobiles in the region of US and currently has signed a collaboration with Canopy.
Canopy delivers property-specific tornado paths to the insurance and financial services industries for shielding the disastrous destruction through it in a pre determined technique.
As per the statistics of Amica, insurance companies should determine the factors of an occurrence of tornado like size, scope, extent and potential impacts before hand on its occurrence in order to efficiently respond to an event and be able to shield it.
In an estimation of about 1,200 tornadoes hit the US every year. They hold the destruction cause of an average of 70 fatalities, 1,500 injuries, and significant damage and destruction . Wind from tornadoes can reach to the speed of more than 300 mph, and damage paths can be more than one mile wide and 50 miles long as measured which is enough to cause massive level of destruction.
What Are The Views Of Leading Members Of The Firm On This
Brian Leroux, claims innovation supervisor at Amica, said, “By using Canopy’s data, we’re able to proactively reach out to impacted policyholders and quickly plan an appropriate response.”
Matt Van Every, CEO of Canopy Weather, added, “We are pleased to be serving Amica, and that our tornado data enables them to respond with unparalleled speed and precision, clearing the ‘information fog’ within minutes after a tornado strikes. In real time, tornadoes are incredibly difficult to pin down at the street or building level, let alone which side of a town was hit. Our team of meteorologists have been working toward this tornado capability for almost a decade. Previously, it typically took days to gather information about what was or was not hit; now it’s mere hours.”