Global insurance trends

reThought Raises $10.5m in Series B Round

reThought Insurance, the technology-centric underwriting agency focused on US commercial flood risks, has raised $10.5 million in a Series B funding round. The capital expansion, which closely follows a successful $15.5 million round last summer, […]

Global insurance trends

Low Take-Up on Flood Cover Minimises Losses in California

Moody’s RMS®, the leading global catastrophe risk modeling and solutions company, estimates total U.S. economic losses from the recent California flooding at US$5-7 billion. This estimate reflects inland flood impacts for the U.S. and includes damage […]

Insurance Regulation

Flood Risk: Defra Wants New Thinking on SUDS Rules

Defra has set out new regs on housebuilding which will require developers to make fewer connections to mains sewers and drainage systems. In theory this should lead to reducing the localised flood risk during times […]

News

Previsico Connects With Meteosat, Enhancing Mapping Capability

Previsico, the live flood alert InsurTech, is set to connect with the new Meteosat Third Generation satellite system, revolutionary for the rapid detection and nowcasting of severe weather events. This will enable Previsico to deliver […]

Global insurance trends

Previsico Teams Up With Geosite on Flood Alerts

Previsico, the live flood alert InsurTech, has announced its partnership with Geosite, a world-leading geospatial data provider. Previsico’s solution provides Geosite’s US carrier clients with live actionable flood alerts, so they can work with their […]