Analysis

Flood deal spotlights the need for a proactive approach

By Jon Guy 2021-03-10T08:00:00

flooding (3)

Swiss Re’s latest flood partnership gives visibility to the fact that data is becoming increasingly vital in the proactive management of flood risks

Reinsurance giant Swiss Re’s announcement that it has allied with the world’s largest commercial synthetic-aperture radar (SAR) satellite operator and flood monitoring provider has furthered the growing trend for insurers to use technology to tackle the rising threat of flooding.

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