Improved forecasting capacity for surface water flooding

• Technology is embedded in UK Cabinet Office portal in July 2020 – a world first for an emergency planning system
• Expertise contributed to Defra’s Surface Water Action Plan 2018
• Flood forecasting systems are in place in Macau and Kenya to support evacuation planning and the direction of disaster relief resources ahead of flood events

Improved emergency response during flooding

• London Fire Brigade co-developed flood risk metrics and bespoke flood nowcasting tool
• The University insurtech spinout company, Previsico, has global impact - supporting the decision making of governments, insurance companies, humanitarian organisations and first responders

Enabling global adoption

“Previsico’s technology allows us to use data intelligently and integrate it seamlessly into our risk management portal for customers. This provides very real value to our insureds.”
Carol Baker Head of Digital - Liberty Specialty Markets

• Lloyd’s Lab Report 2020 concludes that Previsico’s data could mitigate 70% of commercial loss
• Partnerships with BT and Zurich were established in 2020, followed by partnerships in the USA with Nexus Alpha and Everbridge, Liberty Group and Generali in the UK
• Previsico’s Flood Intel Platform extends to the utilities and infrastructure sector with partnerships in 2023 with National Grid, Northern Ireland Water and United Utilities

Healthy growth

• Previsico – creation of 37 jobs in multiple countries since 2019, rising to 70 by 2025