The UK has large urban concentrations in areas susceptible to one or more types of flood risk. For financial services enterprises, this means there are large asset exposure concentrations that may be loan collateral for lenders, and high sums insured at risk for insurers and reinsurers.
Whether we are building owners, insurers or banks that finance the infrastructure – we all have a stake in dealing with this. Crucially, we need to understand what we can do to reduce the cost of flooding in ways which are appropriate for the specific threats posed by river, sea, surface and groundwater flooding.
FloodSmart Analytics is designed to make flood analysis easy, without compromising quality, to provide instant access to actionable risk insights.