Weather Analytics, a provider of precision climate and weather data and analytics, announced the addition of Eric Taylor as president of insurance and mortgage. Taylor, a member of the Weather Analytics Advisory Board since early 2012, is a serial entrepreneur with more than 20 years in the insurance and mortgage information verticals.
“His track record for transforming single-dimensional startup organizations into market-leading providers is excellent,” Weather Analytics CEO Bill Pardue said. “It’s rare to find someone with experience – and success – in geospatial data and analytics, automated decision rendering technologies, and also property underwriting and risk profiling.”
Taylor’s achievements include the development and deployment of the country’s first pre-internet-based automated appraisal delivery technology into the mortgage valuation services space with Integrated Loan Services in 1994.
He also introduced the first commercially available automated “exception” underwriting platform into the residential property insurance vertical, as the president and CIO of Advanced Field Services in 2003.
Recent accomplishments include the design of a comprehensive disaster and catastrophe response platform, development of automated mortgage fraud-detection technologies, and the creation of innovative products and services relied upon by Wall Street and institutional investors operating in the single-family property rental data sector.
“Having access to hourly and granular weather data 34 years into the past, as well as current and 7-day forecasts – something even the U.S. government cannot produce – provides insight into new risk selection, underwriting, and pricing opportunities,” Taylor said.
“Having Eric on our team will allow us to quickly transform our global atmospheric database into field-ready, user-friendly products that are automated, accessible, and tailored specifically to the needs of the insurance claims adjusters, underwriters, and large-scale property investors and managers,” Weather Analytics CTO Kevin Worley said.