Australian Bushfire Damage: Latest Analysis from Mckenzie Intelligence

The latest satellite imagery analysis and intelligence from Mckenzie Intelligence Services (MIS) has revealed an accurate breakdown of the damage caused by the devastating ongoing Australian bushfires.

Using artificial intelligence which is underpinned by human expertise, MIS in-house imagery analysts have analysed the extent of damage of almost 500,000km2 in the eastern part of New South Wales and Victoria.

From this analysis, MIS can assess that National Parks account for the largest damage segment, with 90% of this land destroyed. Urban and Residential areas and Agricultural land account for 8% and 2% of the damage caused, respectively.

Given the severe and devastating damage to National Parks, the major cost of the bushfires so far has been to ecology and wildlife. However, according to the Insurance Council of Australia (ICA), claims continue to mount, surpassing the 10,000 mark and equating to north of Aus$1bn.

MIS aims to assist exposure management and claims teams in assessing the impact of the fires on their insured locations, permitting proactive and informed decision making.

With the fires proving little respite and smoke free days, traditional satellite imagery poses a problem due to its inability to see through the thick smoke. MIS circumvents this by utilising certain imagery and employing cutting edge techniques that permit the team to see through smoke and identify both active fires and burnt areas.

Commenting on the latest findings, Forbes McKenzie, chief executive of MIS, said: “The extent of these fires and the collateral loss is unprecedented and deeply unsettling. It is therefore important to be able to assess the area as quickly as possible and learn what the potential damage is to better inform all response efforts.”

He added: “MIS is actively working with Lloyd’s of London and looking to assist NGOs, charities and local authorities in order to assist victims whose homes and communities have been destroyed.”


About alastair walker 6830 Articles
20 years experience as a journalist and magazine editor. I'm your contact for press releases, events, news and commercial opportunities at Insurance-Edge.Net

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