CATALYST with DUAL UK to Develop Satellite-Enabled Biodiversity Risk Solution for the Insurance Industry

CATALYST (PCI Geomatics), a specialist in Earth Observation analytics, and DUAL, one of the world’s largest international underwriting agencies, have successfully completed a pilot project that uses satellite imagery and artificial intelligence to assess biodiversity risk across the United Kingdom.

Funded through the UK Space Agency’s Unlocking Space for Business programme, the project was delivered over six months by DUAL’s climate risk and resilience team. The collaboration produced a scalable biodiversity assessment platform designed to support insurance underwriting, Environmental, Social and Governance (ESG) reporting and regulatory compliance. The partners will continue to develop the solution as part of DUAL’s broader commitment to environmental and climate risk innovation.

Simon White, Lead underwriter, climate risk and resilience, DUAL UK said: “Nature-related risk is increasingly something that can be monitored and measured, opening the door to new ways of underwriting and managing nature-related exposures. DUAL was delighted to lead in this pilot which demonstrates how combining satellite analytics with machine learning can translate biodiversity impacts into decision-ready insight, enabling more consistent, auditable monitoring at scale. For insurers and asset owners, this provides a more credible foundation for risk transfer, disclosure and, ultimately, long-term resilience.”