A
system for monitoring hazards and determining potential loss
exposure resulting from those hazards, the
system comprising:a first
user input component for permitting a user to specify at least one geographic location to be monitored;a second
user input component for permitting a user to specify at least one
hazard parameter to be monitored for the at least one monitored location;a first
data acquisition component for acquiring
hazard data for the at least one monitored location, wherein the first
data acquisition component is configured to acquire the data from at least two disparate data sources and aggregate that data in a seamless
data set;a second
data acquisition component for acquiring data regarding entities associated with the at least one monitored location;an analytical engine for determining the potential loss
exposure to the entities associated with the at least one monitored location resulting from the occurrence of hazards at the at least one monitored location; anda reporting engine for reporting the results of the analytical engine to a user.A method for monitoring hazards and determining potential loss
exposure resulting from those hazards, the method comprising:specifying (i) at least one geographic location to be monitored, and (ii) at least one
hazard parameter to be monitored for the at least one monitored location, and acquiring (a) hazard data for the at least one monitored location, wherein the acquired hazard data is from at least two disparate data sources, and aggregating the hazard data into a seamless
data set, and (b) acquiring data regarding insured entities associated with the at least one monitored location;determining potential loss exposure to the entities associated with the at least one monitored location resulting from the occurrence of hazards at the at least one monitored location; andreporting the determined potential loss exposure to a user.