Formulation and Delivery of Dynamic, Severity-Based Weather Peril Scoring

A computer-based system configured to formulate and deliver dynamic, severity-based weather peril scoring, the system comprising:

• a computer-based processor, and
• a computer-based memory coupled to the computer-based processor, wherein the computer-based memory stores instructions which, when executed by the computer-based processor, cause the computer-based processor to:
• apply a grid that has a plurality of cells to a map of a geographical region to divide the geographical region into a plurality of areas, with each area being defined by a corresponding one of the grid cells;
• and
• for each area/grid cell:
• calculate a first severity-weighted risk index for at least one weather peril based on ingested human-observed weather data;
• calculate a second severity-weighted risk index for the at least one weather peril based on ingested radar weather data;
• and
• blend the first severity-weighted risk index and the second severity-weighted risk index to produce a blended risk index.