Understory Launches WISE

by Taylor Kennedy

Understory

Understory has launched Weather Intelligence Storm Estimates (WISE), a tool to help insurers better understand post-storm policyholder behavior, claims submission timing and adjuster experience requirements for assessing damage, the company announced today.

“Property and casualty carriers need to know, quantifiably, what happened in the immediate aftermath of any weather event,” Understory CEO Alex Kubicek said in a statement. “WISE lets you know exactly how an event is going to unfold immediately after the weather clears with a 95 percent accuracy rate.”

According to a release, after a hail event, a WISE assessment is automatically delivered to clients to provide an estimate of claims volume and total indemnity.

The weather network and analytics company currently has 500 stations deployed across five major metropolitan areas.