The Insurance Institute for Business & Home Safety (IBHS) is an independent, nonprofit scientific research and communications organization supported by property insurers, reinsurers, and affiliated companies. IBHS is exploring the establishment of a data commons, a cloud-based platform to share data, to overcome many of the challenges with wildfire risk data at the parcel and community level. IBHS recently engaged Milliman to gather inputs from stakeholders: catastrophe modelers, insurers, reinsurers and regulators. Our summary of the interviews includes the following sections, organized in chart form by stakeholder:
- Current data usage
- Desired parcel data
- Data access and usage
This report was prepared on behalf of the Insurance Institute for Business & Home Safety.