A smarter approach to flood risk

This winter's storms, high tides and heavy rainfall have resulted in severe flooding across many parts of the UK, with the bill for UK insurers likely to exceed £1bn. While the insurance industry's primary focus will be on the clean-up  operation, insurers - especially those bearing a disproportionate share of the losses - will be looking at ways to get a better grip on their flood risk exposure.

This whitepaper studies how the industry can make use of increasingly sophisticated data to assess flood risk more accurately.