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support

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Description

Organizations are encountering damage to their assets due to climate-related factors, interruptions in supply chains and operations, along with rising demands from consumers and investors to act as environmental stewards. As the effects of climate change and extreme weather increasingly disrupt business functions and supply chains, it has become increasingly challenging for executives to evaluate the repercussions of severe weather on their operations and the subsequent effects of their business practices on the environment. Lacking this crucial insight puts businesses at risk not only for unexpected disruptions but also for potential regulatory and compliance challenges. To address these complexities, the IBM Environmental Intelligence Suite offers a cutting-edge, AI-driven SaaS solution designed to assist business leaders in preparing for and navigating critical weather and environmental circumstances while simultaneously gaining a clearer understanding of their ecological footprint. This innovative tool empowers organizations to make informed decisions that align with both operational efficiency and environmental responsibility.

Description

In recent decades, extreme wildfire conditions have surged by 50% as a result of climate change, leading to a staggering $31 billion in property damages. Consequently, many insurance firms have chosen to withdraw coverage from homes and businesses in California, significantly impacting their profitability. Terrafuse's innovative wildfire AI risk scores assess the true likelihood of property combustion a year in advance. Our wildfire risk solution empowers insurance providers to underwrite a broader range of businesses while limiting non-renewals to properties deemed to have the highest risk of burning, and it allows them to price premiums according to actual risk levels. We enhance our models by analyzing over 50 interconnected environmental factors, such as building density, dead fuel moisture, and vegetation types, to evaluate loss severity over time. Additionally, we incorporate atmospheric physics into our models through sophisticated machine learning methodologies, ensuring a comprehensive understanding of wildfire risks. This approach not only aids in better risk assessment but also fosters a more resilient insurance market in the face of escalating wildfire threats.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

No details available.

Integrations

No details available.

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Types of Training

Training Docs No 
Webinars No 
Live Training (Online) Yes 
In Person No 

Vendor Details

Company Name

IBM

Founded

1911

Country

United States

Website

www.ibm.com/products/environmental-intelligence-suite

Vendor Details

Company Name

Terrafuse AI

Founded

2018

Country

United States

Website

www.terrafuse-ai.com

Product Features

Environmental

Air Management No 
Auditing No 
Compliance Management No 
Document Management No 
Emissions Inventory No 
Hazardous Materials Control No 
Sustainability Management No 
Training Management No 
Waste Management No 
Water Management No 

Sustainability

Audit Management No 
Benchmarking No 
Compliance Management No 
Corrective Actions (CAPA) No 
Emissions Management No 
Employee Training No 
Energy Management No 
Incident Management No 
KPIs No 
Performance Metrics No 
Stakeholder Engagement No 
Supplier Management No 
Waste Management No 

Product Features

Risk Management

Alerts/Notifications No 
Auditing No 
Business Process Control No 
Compliance Management No 
Corrective Actions (CAPA) No 
Dashboard No 
Exceptions Management No 
IT Risk Management No 
Internal Controls Management No 
Legal Risk Management No 
Mobile Access No 
Operational Risk Management No 
Predictive Analytics No 
Reputation Risk Management No 
Response Management No 
Risk Assessment No 

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