Previsico on the Next Era of Flood Intelligence for Insurers
At ITC London 2026, Stephanie Hendries from Previsico discusses how the business is helping insurers get ahead of flood risk. Previsico already works with key insurance players including Liberty, Zurich and Generali, and the team is keen to dig into the nuances of surface water flooding.
A major focus for Previsico right now is moving forecasting to what the company calls Flood Intelligence 2.0 and Hendries explains that this takes flood forecasting from a single, deterministic “one outcome” view to a probabilistic one. This means that customers can see the likelihood and severity of flooding, instead of a simple yes/no. Hendries also highlights growing interest in parametric solutions, and points to Previsico’s partnership with Descartes, saying partnerships like this matter because they can support better insurance outcomes across the process.
To bring it to life, Hendries shares Previsico’s work with Balfour Beatty VINCI on HS2, on a complex Birmingham-area site built on a floodplain. After a multi-million-pound flood loss two years ago, the site implemented Previsico’s forecasting plus live IoT sensor monitoring and during a later flood event, they had enough warning to move expensive equipment and materials, thus avoiding damage and mitigating that risk.
Looking ahead, Hendries notes the rising loss projections for insurers by 2050, driven by extreme weather and Previsico’s two-day warning window is positioned as a practical way to reduce that risk. Following a Series A funding round late last year, Hendries says the priorities are continuing to improve the product (including Flood Intelligence 2.0) and expanding further in the US, where Previsico is already operating.
The post Previsico on the Next Era of Flood Intelligence for Insurers appeared first on FF News | Fintech Finance.
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