Next generation stochastic surge model with insights on frequency and severity drivers
Reduced uncertainty for rating and risk management
The result
Tailor-made insurance cover, reflecting the true cost of risk and benefits of coastal defense
Ocean Ledger insures the uninsurable coastaline.
Technology
Ocean Ledger uses proprietary geospatial AI models that extract millions of observational insights from satellite imagery and ground-truth data to generate 3D layers and historical trends on coastal dynamics.
001
Coastal elevation
Affects coastal flood distribution and damage
002
Shoreline position & historical rate of change
Affects coastal flood distribution, damage and future risk
003
Seabed depth & movement
Affects coastal flood distribution, damage and operations
004
Natural defenses
Reduces coastal flood severity, damage and future risks
005
Hyperlocal weather data
Influences compound flooding
006
Asset vulnerability
Assess building elevation, fortification and defenses
Case Study
What’s the role of shoreline shape in coastal flood-risk predictions?
Most flood models or sea-level rise reports do not take into account the evolution of shoreline shape (elevation), which impacts global assets exposed to inundation.
In July 2024, Hurricane Beryl hit Texas. We looked at Galveston Island and produced our own damage assessmen using our satellite-derived data products.
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