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Earthquake Risk Transfer for Governments; Short-term Solution

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Fig 1. Earling undercover territories

The top 8 high-risk countries with more than $500 million average annual loss are the most vulnerable countries while they are undercover by Earling, to receive Earthquake Preparedness Alerts up to days before forthcoming major events.

For longtime natural disasters especially earthquake damages have been compensated through loans and tax, which impact societies with unfortunate effects. But provided solution with new technology, not only helps to decrease effects of the natural disasters through transferring risks, but also it increases resiliency and speed up recovery both for government and residents.
More than 40 countries are at risk of major events, which can change anything if a hazard happen. Therefore, it is required to be prepared for risk transition, in a way that it can speed up recovery phase and improve resiliency in a low cost. On the other hand, such risks should be considered in country risk analysis in international financial management.

Governmental Level Action Plan

There are two regions under risks of serious damages in term of seismic activities:
1- High seismic regions
2- Low seismic regions that have already lost their preparation because of feeling safe.

We help governments to transfer risks of major events that threatening critical infrastructures and residents in high seismic and low seismic activity regions.

Transfer Infrastructures Short-term Earthquake Risks

Earling issues Earthquake Preparedness Alert up to days in advance. The cutting-edge technology that monitors seismic activities through big data analysis and looking for high-risk activity patterns that previously followed by major earthquakes. As the high-risk patterns detected, Earling issues an Earthquake Preparedness Alert for the region, which expected encountering losses in different degrees.

It is the time that local authorities can transfer risk of the forthcoming major events to the international insurance industry.

(Re)insurers, Governments and Risk Transfer

Through connecting disaster management organizations and the insurance industry, governments can manage major natural risks. The main goal of connecting these two sectors is speeding up recovery phase after a major hazard, alongside defending local (Re)insurers against major losses, which eventually can affect the local financial markets. This goal can only happen through transferring risks to the international (re)insurance companies during golden high-risk time-window which can last only a few days - it is not an easy job, but it can be done with a pre-defined Earthquake Preparedness Action Plan that triggering as soon as Earling detects a high-risk time-window. Therefore, only least parts of the losses need to be compensated by the local insurers, foreign loans or taxation. Strategic planning in urban planning is one of the best-case studies that short-term earthquake risk transformation works the best in it.


Earling issues Earthquake Preparedness Alerts and defines high-risk regions. The alert that delivers through email, web dashboard, and a backend (for autonomous procedures) service explains the new situations in detail to pre-defined specialist(s). Besides, a signal directly sends to the natural disaster management organization Decision Support System, and triggers a predefined process known as local Earthquake Preparedness Action Plan. This plan runs a manual or autonomous procedure to purchase or extent coverage of parametric insurance policies for a probable 6 Mercalli (MMI) earthquake to cover predefined critical infrastructures and fill the gaps to compensate up to $10 million for each, if the event occurred within 10 days. As a result, it highly speeds up recovery to compensate destructions through an inexpensive risk transitioning solution.