DS News - U.S. Bank

DS News July 2018

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» VISIT US ONLINE @ DSNEWS.COM 51 SPECIAL ADVERTORIAL SECTION Risk Management/Due Diligence ARKFORECAST, INC. KEY PERSONNEL Bill Voss Founder & CEO Mike Mercer President Marcus Johnson CCO Marjorie Atwater COO Frank Hernandez CTO GEOGRAPHICAL SCOPE AND COVERAGE AREA Nationwide in the US, and scaling up to expand abroad. STAFFING 10+ company employees KEYS TO SUCCESS » Passion for a simple idea that will make huge changes in people's lives » Hard work from intelligent employees » Utilization of technology » A global footprint » Consistent accurate information » Always staying ahead of the curve CORPORATE DETAILS 25222 Glen Loch Drive, The Woodlands, Texas 77380 | 866.861.7728 Support@ArkForecast.com | ArkForecast.com COMPANY DESCRIPTION ArkForecast is an advanced data management solution that monitors current and impending weather conditions and houses historical weather data specifically related to client real estate assets. Clients use ArkForecast's custom tailored data to quickly determine if damage has occurred at a property location within a client's real es- tate portfolio. Further, within the ArkForecast dashboard- driven environment, users can see current weather patterns or historical data for any of their properties. The system also sends alerts via text and email in real-time for impending or recent weather conditions, alerting those in place to investigate any potential damage. ArkForecast also offers historical military-grade satellite imagery which allows clients to track the condition of the roof system over a period of years. Currently the nation's largest mortgage providers, portfolio owners, and corporate campuses are unmoni- tored, leaving them vulnerable to unnecessary weather related damage. An event may occur at night, or at a vacant building or campus, leaving the owner completely unaware of the damage that has occurred. These un- noticed damages translate into massive costs that could have been mitigated if the issue was addressed in a timely fashion. Unfortunately, if property owners don't know about the damage, they can't alert carriers in time—Ark- Forecast solves this problem by notifying clients immedi- ately when potentially damaging weather has occurred. With this revolutionary software application ArkForecast clients can significantly mitigate damages to their portfolio and their pocketbook. COMPANY HISTORY ArkForecast was conceived of and founded by Bill Voss, who was seeing the same cycle over and over again of losses due simply to the fact that property owners were not aware of damage in a timely fashion. He recognized the need for an alert-based system for property owners, and decided to do something about it. Throughout 2017 and 2018, ArkForecast has been developed into the ro- bust weather centric property management system that it is today—a intuitive dashboard-driven solution saving clients millions and millions of dollars. REGULATORY COMPLIANCE ArkForecast's adherence to current and ever changing laws, regulations, and guidelines, along with specifications relevant to it's business offering is a critical component to the company's success strategy and product offering. COMPETITIVE ADVANTAGE With competitors, monitoring properties like this for weather damage is currently a manual process that takes hours per property to return results. Other offers generally are single sourced data driven technologies that fail to show an accurate picture of the potential loss. Addition- ally, other offerings only provide a single service, where ArkForecast provides all of the benefits listed in the follow- ing Key Features/Benefits section. BUSINESS LINES, SERVICES, AND PRODUCTS ArkForecast offers a dashboard for users to monitor the impending and historical weather for their properties, in- cluding text and email alerts, in depth satellite and drone reports upon request, and a large network of mitigation specialists ready to immediately attend to any problems. KEY FEATURES/BENEFITS » SMS and Email alerts when properties are threat- ened so property managers can act quickly and save money » Basic damage reports on address specific historical weather data for use in insurance claims, deciding whether or not to inspect for damage, or choosing whether or not to purchase a property » Detailed reports, including in-person inspections, drone imagery, and high-resolution satellite imagery so owners have as much information as possible about potential damages to their real estate assets » Map view of current weather with all properties plot- ted so property managers can see what damages might occur » Multiple users per account for larger portfolios so property managers can focus on the properties that matter to them » Extensive valuation and appraisals of properties and portfolios so property owners can keep up to date on the value of their real estate assets » Detailed historical transaction data for each property » Reports on construction at each property so owners know when the roof was replaced, or the deck was added, etc., to help with insurance claims or valua- tion. ADDED CLIENT VALUE Most data related to covered loss events, especially weather-related events, slips through the cracks, or is never collected to begin with. ArkForecast has automated all of this by making portfolio owners more efficient and saving them money. ArkForecast tracks temperatures and alerts owners when it's time to winterize their properties, and offers wind reports so owners can prepare for heavy winds that might be damaging. No other offering in the space has the robust capability of ArkForecast.

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