Floodbase is an end-to-end flood data solution for designing and triggering global parametric flood coverage.
Floodbase’s technology integrates satellite-based observations with hydrological and meteorological data, models, and other ground observations to generate seamless, near real-time flood maps that enable profitable flood policy design and automated triggering for the first time ever.
Unlike flood data that relies on models or one to two satellites, Floodbase’s data leverages seventeen observational sources and high-frequency temporal inputs to guarantee consistent, scalable flood monitoring—regardless of cloud cover—making parametric flood insurance possible for the 70% of global locations left vulnerable by traditional flood maps.
From index design to monitoring and triggering policies, Floodbase’s experts provide ongoing support to underwriters and brokers, ensuring our data is easy to use and tailored to individual location and policy needs.
“Accurate data is critical for responding to floods as they worsen — and for preparing for life on a warming planet. As lead author, Floodbase co-founder, and Chief Science Officer Dr. Beth Tellman explains, “Using satellite observation data of floods with improved spatial-temporal resolution will help policymakers understand where flood impacts are changing and how best to adapt.”