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Enable Resilience with Remote Sensing AMLD 2019 Charilaos Tsarouchas, SwissRe

Enable Resilience with Remote Sensing - Swiss Rec462c531-2009-41a3... · Some Applications of Remote Sensing of Crop-Hail Damage in the Insurance Industry by Neil G. Towery ABSTRACT

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Page 1: Enable Resilience with Remote Sensing - Swiss Rec462c531-2009-41a3... · Some Applications of Remote Sensing of Crop-Hail Damage in the Insurance Industry by Neil G. Towery ABSTRACT

Enable Resilience with Remote Sensing

AMLD 2019 Charilaos Tsarouchas, SwissRe

Page 2: Enable Resilience with Remote Sensing - Swiss Rec462c531-2009-41a3... · Some Applications of Remote Sensing of Crop-Hail Damage in the Insurance Industry by Neil G. Towery ABSTRACT

Man must rise above Earth to the top of the atmosphere and beyond, for only then will he fully understand the world in which he lives.

Socrates (469-399 BC)

Page 3: Enable Resilience with Remote Sensing - Swiss Rec462c531-2009-41a3... · Some Applications of Remote Sensing of Crop-Hail Damage in the Insurance Industry by Neil G. Towery ABSTRACT

Gaspard-Félix Tournachon (Nadar) - First aerial images (1857)

Pigeon PhotographyAncestors of Remote Sensing

Page 4: Enable Resilience with Remote Sensing - Swiss Rec462c531-2009-41a3... · Some Applications of Remote Sensing of Crop-Hail Damage in the Insurance Industry by Neil G. Towery ABSTRACT

Agriculture Meteorology Forestry Ecology Finance

Examples of main application fieldsFields of Applications

Page 5: Enable Resilience with Remote Sensing - Swiss Rec462c531-2009-41a3... · Some Applications of Remote Sensing of Crop-Hail Damage in the Insurance Industry by Neil G. Towery ABSTRACT

Passive Remote Sensing Active Remote Sensing

Basic PrinciplesR

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Page 6: Enable Resilience with Remote Sensing - Swiss Rec462c531-2009-41a3... · Some Applications of Remote Sensing of Crop-Hail Damage in the Insurance Industry by Neil G. Towery ABSTRACT

Remote Sensing ResolutionSp

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Page 7: Enable Resilience with Remote Sensing - Swiss Rec462c531-2009-41a3... · Some Applications of Remote Sensing of Crop-Hail Damage in the Insurance Industry by Neil G. Towery ABSTRACT

Remote Sensing in Insurance

Towery, N.G.; Eyton, J.R.; Changnon, S.A.; Dailey, C.L. Remote Sensing of Crop Hail Damage. Report of Research to the Country Companies (Referred to in

Towery, 1980); 1975;

Towery, N.G. Some Applications of Remote Sensing of Crop-Hail Damage in the Insurance Industry; Circular 143/80 of the Illinois State Water Survey, Illinois

Institute of Natural Resources: Urbana, IL, USA, 1980;

Page 8: Enable Resilience with Remote Sensing - Swiss Rec462c531-2009-41a3... · Some Applications of Remote Sensing of Crop-Hail Damage in the Insurance Industry by Neil G. Towery ABSTRACT

Remote Sensing in Insurance

Possible Benefits • Eliminate burden of costly verification of claims on-the-ground • Enables faster payouts to the insured • Reduce fraud, information asymmetry • Reduce policies and make insurance affordable to low income households