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Axa platform enhances satellite imaging

Axa Digital Commercial Platform has partnered with Earth-imaging company Planet to improve its tracking of natural catastrophes.  

The collaboration, using real-time satellite data to improve claims monitoring, follows a partnership with Finnish satellite group ICEYE, announced earlier this month.  

Axa Digital Commercial Platform CEO Pierre du Rostu says the “ever-present” risk of natural disasters has pushed the insurer to “strike deals with those companies that can provide us the high-quality climate intelligence we need to better understand and respond rapidly to such events and, to the degree that it is possible, foresee them and enable our clients to take preventative or evasive measures.

“Planet’s data and insights will greatly enhance our ability to do this. We are pleased to be able to bring together that data and our in-house expertise to support our clients and the rest of society.”

Planet, founded by former NASA scientists, is one of the biggest commercial satellite image providers, boasting the “largest commercial Earth-imaging constellation in history”.  

Its co-founder and CEO Will Marshall said: “This partnership provides Axa’s customers with the objective data needed to navigate environmental volatility and protect communities.”