InsurTech Magazine May 2023 | Page 100

Salient
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Salient

As the natural world changes around us , there is a need for innovative technology solutions that prevent insurers from falling behind . US-based Salient provides forecasting technology that can provide an accurate picture of the weather 2-52 weeks in advance .
Conventional forecasts are based on numerical models of atmospheric conditions , but Salient uses ocean and land-surface data to predict the weather , which it then combines with machine learning . The result , Salient claims , is up to two times the accuracy over competitive forecasts .
100 May 2023