Deepen Your Insight
The use of flood maps & data to assist in managing insurance business has become standard. The same intelligence, however, can also be of tremendous value to any organisation with properties, businesses and assets which may be damaged or disrupted by flood.
Within insurance, the data can not only be used to help determine pricing for both commercial and personal lines, but it can also be combined with data from other sources to assist with exposure and accumulation management. Historic flood footprints can also greatly help fraud detection.
Whilst the data already includes standard perils scores, these can be customised to reflect your own risk scoring model.