SeaSure Bonds: Coastal Infrastructure Insurance 2.0
A novel insurance product leveraging hyper-localized, AI-driven risk modeling to provide comprehensive coverage for properties and businesses behind seawalls. Allows for continued investment and development in coastal zones; however, it may become prohibitively expensive or unviable for certain high-risk areas, exacerbating inequality as vulnerable populations are priced out. Operated by large financial institutions guaranteeing financial viability and stability for coastal development.