Hazard Impact Tracker (HIT)

Hazard Impact Tracker (HIT) is a risk-exposure tool, providing near real-time natural hazard assessment and monitoring of properties and portfolios. HIT continually monitors portfolios for properties possibly exposed to hazard damage from the following events:

• Tornado
• Hurricane/Tropical Storm
• Wildfire
• Flood
• Earthquake
• Hail

Many lenders’ current hazard-assessment methods rely on federal disaster declarations to generate zip-code tables identifying affected areas.  The federal data is released many days post-event, resulting in costly delays in hazard response.  In contrast, HIT provides property-level accuracy in near real-time, allowing lenders to respond quickly and efficiently to better support productivity, compliance and profitability.  

 Incorporate HIT into your hazard response program and receive these benefits and more:

• Narrow scope of collections and forbearance efforts
• Prioritize inspections according to specific criteria and needs
• Avoid delay and expense of unnecessary property reports
• Increase productivity and profitability
• Satisfy compliance requirements
• Improve public relations
• Enhance business continuity