Flood Extent & Persistence Index

Develop highly competitive parametric insurance products and better manage claims from clients with frequent and reliable radar satellite data.

For insurance and reinsurance companies, the annual fluctuation of flood generated losses means risks that must be balanced with extremely high competitiveness in flood insurance products.

ICEYE Flood Extent & Persistence Index Solution provides near real-time monitoring of the flood-affected areas, regardless of clouds, weather and light conditions. This enables index insurance providers attain accurate flood extent and inundation information for processing claims from customers in case of flooding events. In addition, reliable persistence index of flood timing over the target areas ensures more precise update for your forecast models in accessing flood possibility.