Greenwich, Australia, October 15, 2007: Digital mapping specialist MapData Sciences Pty Ltd has launched two online services which summarise natural hazard threats to individual Australian addresses. The Natural Hazard Risk Profile application and the Natural Hazard Risk web service provide ‘threat by peril- risk ratings for bushfire, earthquake, hailstorm, tropical cyclone, and, where available, riverine flood.
The risk rating profile report and database were developed by Risk Frontiers and these services are available to both individuals and corporate clients.
Risk Frontiers’ director Professor John McAneney said “…there is an increasing demand for this type of information from various consumers and organisations. It is now part of the due diligence process to obtain engineering reports on the structure prior to purchasing a property. Similarly, purchases should be transacted with some understanding of natural hazard threats to the property.”
Profiles provide scientific information relevant to the various threats and a ranking of the relative threat by peril along with elevation above mean sea level, aspect and distance from the shoreline.
MDS managing director, Laurie Edwards said institutional users can access the natural Hazards Risk Rating database as a subscription service through the MDS Risk Frontiers Natural Hazards Risk Web Service, a programmable web service hosted by MDS. It is used by enterprises and independent software developers to integrate individual street address risk rating data into software applications and business processes.
‘By integrating the Natural Hazards Risk Data Web Service, a corporate system can determine the risk rating of a property in real-time to determine the premium for house and contents insurance, for example. This enables organisations to speedily handle phone or web based inquiries from prospective customers, or to assess the risk of existing customer’s properties, Mr. Edwards said.