Property data specialist WhenFresh has partnered with Dutch flood risk specialist Ambiental Risk Analytics.
Ambiental is the specialist flood and climate analysis division of Dutch engineering specialist Royal Haskoning , which provides flood forecasting systems using flood modelling techniques which predict the location and severity of flooding.
The company has previously developed UK FloodMap and UK FloodScore products to provide insurers with visualisations of potential flood risks across 100% of the UK, including rivers, tidal, and pluvial (flash flooding) risks, with flood depth and velocity information down to individual building level.
WhenFresh already supplies data to a number of UK insurers and eight of the country’s top ten banks, and is supplying Ambiental via its WhenFresh API.
Commenting on the tie-up, Rob Carling, Ambiental’s channel sales manager said: “Our flood data can be readily integrated with underwriting pricing systems and we’ve made it easy to combine vulnerability data and depth-to-damage curves to understand risk and estimate loss more accurately.”
WhenFresh CEO Mark Cunningham added: “The WhenFresh API provides insurers, lenders, and other ‘big data’ users with access to over 200 proprietary, private, and public data sources in standardised, readily-consumable formats, via a single, simple API integration.”