GEO provides rapid, actionable intelligence on a wide range of perils, including hurricanes, wildfires, floods, tornadoes, earthquakes, and civil unrest. This valuable information helps insurers make informed decisions, accelerate claims processing, and improve overall catastrophe response.

With an average of 66 catastrophic events covered per year, GEO has become an essential tool for the global insurance industry.

Reflecting on the journey, Forbes McKenzie, founder and CEO of MIS, said: “Reaching 200 event reports in GEO over just three years highlights the platform’s value to the industry and the increasing frequency of natural and human-made disasters. GEO’s ability to integrate multi-sourced data and deliver precise insights has transformed how insurers respond to events, from understanding portfolio exposures to accelerating claims triage.”

The GEO platform integrates cutting-edge AI with military intelligence expertise to evaluate property damage using sources such as imagery from satellites, aerial, and where possible human intelligence from ground-based data. This unique combination of data points enables MIS to process raw data into actionable intelligence for insurers so that what they are receiving from MIS is in near real-time.

In 2024, MIS has responded to over 50 major global events on GEO across 37 countries. 27 of those events were in the US and what’s more, this was across nine different perils. Wildfires triggered the most responses in 2024, with 11 event reports, followed by 9 for flooding and 7 for hurricanes. 

Major events covered since GEO’s launch in 2021, include:

• Hurricane Milton: The biggest event of 2024 for the insurance industry, seeing 19 MIS intelligence releases via GEO over 21 days, including the analysis for Wind and Flood Claims Grids, Ground Level Imagery, and 15cm Aerial Imagery

• Hurricane Ian (Florida, 2022): Assessed 168,000 relevant in-force client locations with in-depth damage evaluations for one of the most economically damaging insurance events in recent times
• Hawaii Wildfires (2023): Delivered assessments for 3,000 impacted properties within 72 hours, identifying physical and internal damage risks
• Turkey/Syria Earthquake (2023): Pinpointing client’s affected insured buildings within 12 hours, facilitating immediate resource deployment to affected policyholders

MIS continues to enhance GEO’s capabilities to meet the demands of an industry facing increasingly frequent and complex catastrophic events. The platform’s ability to streamline decision-making post-event has earned recognition from prestigious industry organisations and strengthened its position as an essential resource for (re)insurers, loss adjusters and policyholders

As the frequency of disasters rises due to climate change, MIS remains committed to enhancing its unique GEO platform to empower insurers to make faster, better-informed decisions, worldwide.