National and international underwriters, brokers, reinsurers and risk managers use our flood maps, data sets and flood catastrophe models to assess flood risk and predict probable losses more accurately. With greater knowledge and more precise flood risk information you can minimise unforeseen losses and price competitively, quickly and confidently. We can provide data through different user levels and delivery mechanisms, including an interactive online system, a .pdf report or a simplified flood risk score for individual properties.
Our national FloodScoreTM models are proven to predict risk with around 85%+ reliability and provide a straightforward guide to flood risk in specific areas, right down to individual property level. They’re incorporated into standard underwriting processes and used to support in-house analytics and bespoke underwriting projects.
Built using our world-class flood modelling technology, they provide insurers with clear, detailed and easy-to-understand flood information for all major floodwater sources. We optimise our flood maps and flood risk data sets for insurers by:
Our pricing structure is flexible and affordable, with the annual cost generally less than the average cost of a single residential claim.
“Floodscore is a simple yet useful tool that provides flood scores for single locations based on their risk to fluvial, pluvial and coastal flooding. Floodscore has been integrated into our underwriting practices as well as those of some of our key delegated authorities to assess the flood risk and ensure it meets our risk appetite.”
“This building level flood data for Australia will revolutionize our pricing and loss control activities in the territory.”
We developed our flexible flood catastrophe (FloodCat) models to give reinsurers and risk managers precise data about their overall exposure in the event of a catastrophic flood. They enable you to rapidly assess portfolio-wide risk and make better decisions around capital allocation.