The Insurance Council of Australia (ICA) has developed a mobile phone and tablet app called MyHazards, that summarises the severe weather-related and natural disaster risks that could potentially affect homes and businesses.

ICA CEO Rob Whelan said: “The MyHazards app has been designed to help householders and businesses across Australia, by simply putting in the address of a property. The app provides a visual map and easy-to-understand summary of potential natural disasters and severe weather hazards, including storms, cyclones, floods, storm tide and bushfire risk, for more than 11 million properties.”

The natural disaster and severe weather-related hazard profile of an individual address in the app can be both a reminder of potential natural risks to a property or serve to alert property owners to their specific level of risk. Knowing potential risk gives property owners, tenants and potential property buyers relevant information to help them assess their natural disaster risks and buy appropriate insurance for their individual needs.

The app summarises the best-available government data that is in the public realm or has been provided to the ICA. MyHazards is now available from the Apple Store. An Android version is under development.

Speak to the team at Austbrokers Terrace about your property insurance.

Source: NIBA Insurance and Risk Newsletter