In the realm of catastrophe modeling, there is a recognized challenge regarding underperformance in certain regions, particularly in high-latitude areas that lack sufficient data or exhibit non-stationary risk characteristics.
As businesses expand into new or inadequately characterized markets, they face increasing regulatory pressure to demonstrate awareness of climate risks. Additionally, the need for post-loss model validation and correction has become essential to ensure accurate risk assessments and enhance the reliability of these models.
Assessments to guide portfolios and combat threat multipliers.
Critical Insurance Needs
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Risk Modeling: Utilizing the latest data to help map out risks like flooding, wildfires, and natural disasters.
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Healthcare: As risks increase, so do the affects on homeowners. Breathing issues due to increased dust. Heat stroke due to longer and hotter summers. Flue season due to colder winters.
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Infrastructure: Wildfires, flooding, erosion, and natural disasters all affect where we live and how we live.
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Specialized Coverage: Increases in special coverage for wildfires, coastal flooding and extreme heat begin to grow in high risk locations.
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Insurance Incentives: Policies expand to offer discounts for incentivizing homeowners to better prepare their properties for long-term viability.
Why Choose TBEC?
In today's evolving landscape, accurately predicting when areas will transition from acceptable risk to requiring insurance can significantly increase insurance revenue. By identifying regions that should not be insured due to anticipated weather-related losses, insurers can effectively decrease risks and minimize associated losses.
Our company is dedicated to enhancing catastrophe models by providing regional correction layers that improve accuracy and reliability. By partnering with local entities, we aim to validate areas with sparse data, such as challenging regions like the Arctic and Alaska or areas that have not historically experienced the magnitude and frequency of current hazards.
We specialize in addressing compound hazards, including erosion, flooding, and access loss, to better understand their impacts. Furthermore, we can assist in developing innovative insurance solutions that may transform previously uninsurable areas into viable markets, ultimately increasing revenue promoting resilience.
Comprehensive risk analysis, considering future conditions such as extreme weather events, erosion, disease vectors, and agricultural impacts, ensures that all potential hazards are considered, leading to holistic risk assessments. Implementing a staged adaptation support approach enables clients to develop and refine their strategies incrementally, ensuring that their responses are timely and in alignment with the changing risk environment.
Core Services
Hazard Risk Planning
Hazard Mitigation Planning, Risk Assessment, and Scientific Integration help identify risks that threaten infrastructure and energy security.
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Targeted Risk Impact Statements (TRIS): Ideal for smaller communities and organizations with limited budgets, TRIS delivers fast turnaround times, enabling you to quickly incorporate findings into your planning and decision-making processes. Its versatility extends to various environmental and ecological contexts, from assessing the impact of risks on water quality, wildlife habitats and agriculture to protecting community and cultural assets.
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Community Impact Statements (CIS): Ideal for smaller communities and organizations with limited budgets, TRIS delivers fast turnaround times, enabling you to quickly incorporate findings into your planning and decision-making processes.
Geographic Information System Modeling
Customized geospatial solutions that help agencies interpret complex data through interactive visualizations., dynamic dashboards, detailed maps, analytical reports, or immersive StoryMaps.
Unmanned Aerial Vehicle & Data Collection
Data collection with centimeter-level positional accuracy, processed to produce orthomosaics, elevation models, and detailed 3D surface visualizations suitable for analysis and integration with larger datasets.
Environmental Services
Environmental assessments and statements evaluate potential impacts of development and infrastructure projects.
“Metlakatla Indian Community engaged TBEC to support the updating of the tribe's Invasive Species Managment Plan. MIC appreciated the respectful, responsive and organized manner..."
Genelle Winter, Special Projects Director for the Metlakatla Indian Community
Sole Source / Non-Compete Privileges
TBEC can receive direct awards and grants without additional Federal procurement through the following mechanisms:
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TBEC is an 8(a) certified company that has an approved Federal General Services Administration (GSA) Multiple Award Schedule contract (contract # 47QRAA26D000E). Under this contract, we have been approved for sole-source contracts. Our GSA labor categories are 541370GIS, 541611, 541620, and 541715.
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TBEC also non-compete privileges due to our National Science Foundation (NSF) Small Business Innovation Research (SBIR) Phase I & II awards pursuant to FAR 6.302-5, and authorized under 10 U.S.C. 2304(b)(2) or 41 U.S.C. 3303(b). The competition for SBIR Phase I and Phase II awards satisfies any competition requirement of the Armed Services Procurement Act, the Federal Property and Administrative Services Act, and the Competition in Contracting Act.