Making parametric flood insurance possible

Floodbase is an end-to-end flood data solution for designing and triggering global parametric flood coverage.

A paradigm shift in flood science

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.

Floodbase combines
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Near Real-Time Monitoring
Floodbase combines
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Peak Flood Analysis
Floodbase combines
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Decades of Historical Data
Near Real-Time Monitoring
Peak Flood Analysis

Bridging the protection gap for more customers and risk types

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.

Comprehensive parametric flood data and support

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.

How it works

Carriers use Floodbase’s flood data and technical support to define and validate parametric policy indexes and pricing
Floodbase’s near real-time, continuous datastream monitors active parametric policies
As soon as parametric thresholds are reached, Floodbase triggers automatic payouts to customers
TRUSTED BY OUR PARTNERS
“Floodbase’s Flood Intelligence Platform provided the infrastructure to detect and respond more quickly to floods that previously did not exist.”
Director of Prevention and Risk Reduction to Catastrophe
WFP Republic of the Congo

A Fundamentally Different Approach to Flood Science

“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.”

Unlock parametric flood protection for your customers