Previsico

Previsico is a technology company pioneering the next generation of flood forecasting systems. Rooted in two decades of research at Loughborough University, the company provides hyperlocal, real-time flood forecasts through advanced computational modelling. Previsico offers a suite of products, including email warnings, a flood dashboard, API solutions, and sensor solutions, aimed at predicting and preventing the severe effects of flood impacts. Serving diverse sectors like insurance, commercial businesses, and government, Previsico aims to reduce the devastation of flooding by enabling proactive measures.

In detail, Previsico's technology predicts floods unforeseen by traditional methods, resulting in a significant reduction of flood-related losses and disruptions for its clients. The company's solutions help insurers enhance their customer support by reducing flood losses. Government organizations improve their resilience and response to flood events, and businesses can limit disruption and financial losses. Moreover, as part of their participation in Lloyd's Lab, Previsico has developed a framework to support underwriters in improving their loss ratios. Their forecasts show a high-performance rate, covering around 96% of observed flooding, ensuring peace of mind for their partners and customers. Additionally, Previsico also dedicates efforts to humanitarian work.

Choosing to work with Previsico offers the guarantee of innovative, research-backed solutions to manage and minimize the risk posed by flooding. From advanced warning email systems to innovative modelling technology, the company positions itself as an essential partner in securing your assets against the negative impacts of flood events. Reliable, accurate, and backed by impressive performance metrics, Previsico's products and services provide a critical defence against one of the most devastating natural disasters. Moreover, their team's commitment to mitigating risks and working for a broader cause adds a dimension of goodwill to their brand.

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