Risk Management for Financial Services

Physical risk in the financial sector needs to be appropriately managed and depends on accurate data. Flood risk affects millions of properties and climate change is likely to increase risk to capital in the future.

GeoSmart’s data is highly granular and detailed. It provides actionable insights for insurers and lenders (as well as for surveyors and homeowners etc).

FloodSmart Analytics Sample Commercial Report Product Overview

GeoSmart’s FloodSmart Analytics tool delivers a complete and accurate catchment response prediction for all main sources of flooding. It includes expected loss calculations, climate change scenario modelling and is delivered though an online data portal with API integration.

Our independently modelled data supports day-to-day operations like risk selection, as well as insurance claims verification, pricing flood risk premiums, managing accumulations, and informing ceding decisions.

Regulated firms must comply with PRA and FCA regulations and our data supports reporting and disclosure to the regulator. Our data is useful in evidencing solvency and climate change risk awareness (such as ESG reporting).

When taking on new risk and for back book analysis portfolio screening is required. Our data and analytics is used to screen and prioritise portfolios and our detailed reporting and consultancy services can ensure that appropriate resilience/mitigation measures are recommended.

Our sophisticated risk data and reports are used to identify risk and assist with consumer understanding and the avoidance of foreseeable harm.

Our data supports Financial Services customers in:

Banking
Advisory
Wealth Management
Mutual Funds
Insurance
Financial Services Institutions
FinTech and InsurTech providers

Interested in a demo or free trial? Contact us today

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We value the quality of all that we do as critically important and our team is goal oriented

4000+

Environmental Reports provided.

3 million+

UK property transactions used GeoSmart data.

15+

Utility and Public Service Providers used GeoSmart data.

£100million+

Worth of properties advised on flood risk.

“We were impressed by the speedy, well-informed service and personal contact that we received. The report was thorough and comprehensive. We will certainly use GeoSmart’s services in the future”

Gregory Gray

Gregory Gray Associates

“The service for a Phase 1 Contaminated Land Study was excellent, fast and efficient! GeoSmart were willing to assist despite the extremely tight timescale to work with. We will definitely consider using your services again”

Craig Roberts

Hunter Page