UK: Global geo-data specialist Europa Technologies has announced a major upgrade to its digital CRESTA zone product for the insurance and reinsurance sectors.
Global CRESTA Plus includes latest CRESTA specification and is available in high and low resolution versions. The high resolution version contains more granular zones which are typically used in catastrophe modelling applications. It is based on Europa Technologies’ global data. Additionally, the product utilises postal and administrative boundary data from Michael Bauer International (MBI). Global CRESTA Plus includes generous reference map layers including a places gazetteer of over 930,000 locations. The gazetteer includes support for 19 languages for international organisations which require extensive support for localisation.
CRESTA (Catastrophe Risk Evaluating and Standardising Target Accumulations) is an industry standard that helps brokers and reinsurers assess and present risk based on a zoning system established by some of the world's leading reinsurers.
Source: Europa Technologies