Blog: How to use data to mitigate the risks from flash flooding
With the October rainfall total for England reaching 99.6mm, which represents 130% of the 1961 to 1990 long-term average for that time of year, Caroline Elliott-Grey, product manager and Heikki Vesanto, manager of insurance GIS data science, Lexis Nexis Risk Solutions, UK and Ireland, explore how insurers can use data to mitigate the risk arising from flash floods.
In 2021, Post covered the issue of ‘iceberg homes’ and the risks that mega basements pose to insurance providers. Of course, it’s not just mega basements that pose a risk as we experience wetter
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