Left Navigation Municipal Risk Assessment Tool Extreme weather events that happened every 40 years now occur every six years in some regions of the country. From 2009 to 2014, insured losses from catastrophic events were close to or above $1 billion each year – most of these losses were due to water damage. In 2015, insured losses for catastrophic events were approximately $602 million. Insurance Bureau of Canada (IBC) is the founder of a ground-breaking technology known as the municipal risk assessment tool, or MRAT. IBC developed the tool to help communities reduce flooding caused by sewer backups. MRAT is now owned and operated by Tesera Systems Inc.What is MRAT?MRAT is a web-based assessment tool that calculates the probability of municipal sewer and stormwater infrastructure failures.MRAT allows communities to more rapidly adapt to the extreme weather events caused by climate change, thereby reducing damage from sewer backups and basement flooding, now and in the future.MRAT helps cities to prioritize their capital infrastructure investments, adjust service levels and support requests for municipal infrastructure dollars.How MRAT worksMRAT creates a risk model unique to each municipality by combining data on:Municipal infrastructureCurrent and future climateActual weather eventsBased on this risk modelling, detailed risk maps provided by MRAT help municipalities identify their greatest sewer and stormwater vulnerabilities.BackgroundIn 2009, IBC envisioned and developed MRAT in collaboration with Natural Resources Canada and in-kind contributions from municipalities across the country. From 2010 to 2015, Tesera Systems Inc. and Dillon Consulting Limited provided technical expertise.IBC selected Tesera Systems Inc. to assume ownership and operation of MRAT effective April 1, 2016. Tesera is currently working with municipalities, in collaboration with IBC and other organizations, to offer MRAT for use by communities across Canada. Useful LinksFlood Ready - Canada.caLearn about floods, know the risks and be a part of the solution. Talk to your insurer about your coverage, find out about programs and resources available in your community, and plan home projects that can help protect your property.Crisis Management - Auto InsuranceIn times of crisis, slowing down is often the best approach. A crisis can be weather related. Whether your vehicle has been damaged by water, wind, fire, ice or an earthquake, make sure you know what to do in the event of an emergencyCrisis Management - Home InsuranceFrom floods to fires to earthquakes, severe weather can damage your home. A home robbery or attempted break-in can put you, your family and your property, at risk. If you’re in a crisis situation that could affect the structure of your home or your own health, keep calm and seek alternate shelter immediately. Crisis Management - Business InsuranceA crisis can happen at any time, threatening an organization in a multitude of tangible and intangible ways. Following best practices in risk management – including creating a business continuity plan – can mean the difference between recovery and bankruptcy. Disaster Safety KitWhen a natural disaster occurs, it can take first responders as long as 72 hours to reach people in non-critical situations.