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Ethical Use of Geospatial Data by Banks and Insurers in New Zealand
Extreme weather has tested New Zealand’s infrastructure and reshaped the way financial institutions think about land risk. Floods, slips and rising water tables have exposed weaknesses in how banks and insurers assess property stability. Traditional approaches that rely on council maps and historical claims data are no longer enough. An artistic representation of the European Space Agency’s Sentinel-1 satellite orbiting above New Zealand. This geospatial data gives lenders, i

Avant
2 days ago4 min read

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