Expansion of ZÜRS risk assessment system's online presence is underway on their website.
In a significant move towards more accurate risk assessment and management, the GDV insurance association is focusing on climate risks, particularly extreme rainfall events, in its future risk analysis. This shift is reflected in the updated version of the Geo information system ZUERS Geo, which now includes heavy rain hazard classes as part of its evaluation.
The ZUERS Geo system is a powerful tool used by insurers to assess natural hazard risks at a granular level, often incorporating geospatial data including building location, topography, and historical hazard patterns. By introducing new heavy rain hazard classes, insurers can now better differentiate between properties exposed to varying levels of heavy rain hazards, leading to more tailored insurance solutions.
These new classes classify areas by increasing levels of risk from heavy rainfall events, possibly reflecting changes in climate pattern severity. The location of a building is crucial for assigning it to one of these classes, as factors such as proximity to floodplains, drainage infrastructure, and terrain susceptibility are taken into account. The regional intensity of rainfall also plays a role in this assignment.
The GDV insurance association anticipates an increase in extreme weather events due to climate change, making it necessary for companies to consider extreme rainfall as a separate hazard in their risk assessment. The risk of extreme rainfall will now be included in the risk analysis by the Geo information system ZUERS Geo, helping insurers to evaluate risk for buildings more accurately and adjust premiums accordingly.
With over 22 million addresses already entered into the system, the expanded evaluation system of ZUERS Geo is set to revolutionise the insurance industry's approach to risk management. The GDV insurance association explains that companies will now have a separate consideration for extreme rainfall in their risk assessment, ensuring a more comprehensive and accurate risk analysis.
For the latest technical details on the new heavy rain hazard classes and methodology updates for ZUERS Geo, it is recommended to consult the official ZUERS Geo platform or related insurance industry publications. If further information is required, I can assist in searching specifically for this insurance system update in external resources beyond the current dataset.
- The Geo information system ZUERS Geo, used by the insurance industry, now includes heavy rain hazard classes to provide more tailored insurance solutions based on varying levels of heavy rain risks, which potentially reflect changes in climate-change patterns.
- By factoring in the regional intensity of rainfall, proximity to floodplains, drainage infrastructure, and terrain susceptibility, ZUERS Geo assigns buildings to specific heavy rain hazard classes, highlighting the importance of location in this risk assessment process.
- In response to the anticipated increase in extreme weather events due to climate change, the GDV insurance association is including the risk of extreme rainfall as a separate hazard in the updated version of the ZUERS Geo system, aiming for more accurate risk assessments and adjustments in premiums within the finance and insurance sectors.
