In-Series Data: Waves of understanding

Latest figures from the Met Office confirm this winter has been the wettest on record since records began - which has consequences for the insurance industry. The Association of British Insurers has said claims will cost the industry £446m, while Deloitte and Hiscox estimate the figure could rise to £1bn by April.

Whatever the final cost, the insurance industry will be once again be harnessing its significant resources to assist thousands of flood victims overcome the long-lasting effects of flooding.

This article looks at how data can help insurers assess future storm and flood risks, providing benefits across the business and enhancing modelling processes.