One of the problems is about risk communication – we need better joined up thinking. There’s so much complexity and one of the problems is fragmentation in the sort of representation of different data.
Introduction
Groundwater flooding poses a great risk to properties in the UK but remains much less widely modelled than other types of flooding.
This week, Matthew Grant caught up with Mark Fermor at GeoSmart, a company specializing in flood data analytics in the UK. They discuss GeoSmart’s role in providing detailed flood risk assessments, leveraging their advanced modelling tools that cover all sources of flooding and how they are helping other organisations access and understand open-source data.
Key Talking Points
- Discovering the hidden cause of flood risk
- What problems are GeoSmart helping insurers to solve
- Different ways to experience a flood
- The issue of groundwater beyond the UK
- Open-source data – how GeoSmart can help
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This InsTech Podcast Episode is accredited by the Chartered Insurance Institute (CII). By listening, you can claim up to 0.5 hours towards your CPD scheme.
By the end of this podcast, you should be able to meet the following Learning Objectives:
- Describe what groundwater is and why it is an important factor to model to understand flooding
- Explain how open-source data can help the insurance industry understand risk better
- Summarise what flood models are and how GeoSmart produces their models
Let us know you have listened to this podcast by emailing [email protected] and if your organisation is a member of InsTech you will receive a quarterly summary of the CPD hours you have earned.
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