Hurricane Helene is the ninth hurricane of the 2024 Atlantic hurricane season. It has rapidly intensified from a tropical storm on September 24^th and is expected to reach Category 3 major hurricane status, with forecasts indicating sustained winds of at least 125 mph as it approaches the Florida Gulf Coast. The storm is currently advancing in a north-northwest direction and is anticipated to make landfall in Florida’s Big Bend region on Thursday evening, potentially near Mexico Beach and Cedar Key. Given its large size, there are concerns about extensive impacts, including a significant storm surge and flooding. The National Hurricane Center has warned of possible surge heights between 10 to 15 feet in the Big Bend area, which could lead to severe flooding.

If the storm shifts toward more densely populated regions like Tampa, the potential for insured losses could rise dramatically.

Skytek utilises advanced analytics to track the storm’s progression and assess the concentration of marine, offshore, and property assets within the projected path. We continuously update the exposure aggregation based on the hurricane’s forecasted trajectory. The insights derived from analysing the hurricane’s impact will be accessible on the platform shortly after landfall, providing critical information for decision-making and risk assessment.