What we do?
Earling Ltd. is the seismic risk detection market leader, the International Disaster Management Award Winner, and a member of the International Association of Science Parks & Areas of Innovation. We assist a wide range of industries and individuals in manage their risk through transferring their earthquake risks to well-known risk takers, particularly in the insurance industry.
Earling is focused on financial seismic risks and has developed many NatCat models to detect high-risk seismic time-windows in 260 regions in 40 high-risk countries.
The 4th industrial revolution has provided new opportunities and technology that were not available just a few years ago. With the ability to analyze billions of data records from around the world, Earling can detect short-term seismic risks, demonstrating earthquake predictability for many regions through verifiable data and reports. As a result, clients can mitigate and transfer short-term seismic risks as high-risk seismic time-windows are detected, from hours to days in advance.
How it get started?
Earling leverages sensors embedded in smartphones and IoT devices, such as accelerometers, magnetometers, scientific instruments, Synthetic Aperture Radar (SAR), and Interferometric SAR (InSAR) sensors to establish a seismic risk level monitoring network. Earling believes in the fourth industrial revolution, which signifies that it is now humanity's turn to program earthquakes.
How much is the whole risk?
According to UNDRR, the annual earthquake risk in high-risk countries is estimated to be around $100 billion.
What is the usability of the solution in my company?
As a risk taker
Primary insurance companies: As a decision-maker, managing risks is the highest priority. Pricing and refusing to accept new high-risk customers during high-risk time-windows are essential reactions you can take in an insurance company before demands skyrocket. The Earling data-driven solution prioritizes insurance companies, offering our clients an exceptional opportunity to manage their risks.
Reinsurance companies: Your company requires different approaches to prevent earthquake risks from turning your clients, primary insurance companies, into problems. We assist you in defining specific approaches to manage impending mega risks in short-term earthquake time-windows that may affect all of your insurance products and services.
As a risk owner
Are you a homeowner or an oil industry stakeholder? When a high-risk seismic time-window is detected, transferring financial risks to risk-takers is one of the best options. Similar to severe weather conditions data, our data-driven solution offers you the opportunity to make informed decisions. Transfer earthquake financial risks for risk owners.
Is it earthquake forecasting?
Earling short-term seismic risk detection solutions represent a new level of risk assessment and are not earthquake forecasting in the traditional sense. The process involves identifying patterns that previously preceded unusual earthquakes and providing clients with the relevant data for informed decision-making. The creation of Earling took seven years, including the development of new instruments, data gathering, algorithm creation, results monitoring, model testing, and the selection of a suitable business model.
What kinds of data are available?
- FirstNotice Dashboard
- FirstNotice API
- FirstNotice Awareness
- SecondNotice Alert
- CAT Bond Consultation
71-75 Shelton Street, Covent Garden
London, WC2H 9JQ