Floods affect more people across the globe than any other natural disaster. Insured losses from last July's floods in Europe, for example, totalled $13bn. Given the increasing frequency and severity of floods worldwide, flood risk has become a key peril for insurers.
Join us to hear how catastrophe risk experts at major insurers are dealing with flood risk – and the role that satellite technology and analytics can play.
Learn more about ICEYE here.
- Why flood risk is becoming a top issue for insurers; the growing threat flood presents
- Limitations of the approaches currently used for managing flood risk e.g. reliance on cat models for assessing losses, data gaps
- Technologies available to improve flood risk management
- Closing the data gaps with satellite technology. What it means to have real-time analytics
- Opportunities to develop new flood risk management products e.g. parametrics
