Recent Updates
What's new at PrevisicoPrevisico partners with Liberty Specialty Markets to provide personalised flood warnings for commercial clients
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, provides real-time flood warnings to clients triggered by Previsico’s surface water flood forecasts and our Internet of Things (IoT) sensors which are placed in watercourses close to their...
David Marock joins Previsico as Chairman to support next phase of global growth
Previsico are thrilled to announce David Marock has been appointed as Chairman to support the team as we continue to grow the business David was previously Group CEO of Charles Taylor plc, a global insurance services and technology business. During his nine-year term...
2021 at Previsico: A Year in Review
2021 has been a big year for Previsico, so we thought we’d share some of our highlights with you! Over 100 new organisations benefiting from the service 2021 saw rapid growth in the number of organisations benefiting from Previsico’s flood warnings. Almost every...
Previsico gains £1.75M funding to support growth led by Foresight Group
We are thrilled to announced that we have gained £1.75M Seed Plus funding, led by Foresight Group, a listed private equity and infrastructure investment manager, to support the next stage of our growth and our mission to minimise the impact of flooding globally....
Record July Rainfall Causes Widespread Flash Flooding Across London
Reviewing July's month of floods July 2021 saw record rains with large parts of the UK including London experienced extreme flash flooding. The 12th July was the wettest day on record in Hampstead with around 42mm of rainfall in just one day. The floods had widespread...
Previsico forms partnership with the National Emergencies Trust to provide vital support for flood event response
Previsico has now formed a non-commercial partnership with The National Emergencies Trust to provide critical information which will help decide when and where to launch an emergency fundraising appeal for people affected by flooding, reducing major consequences on lives and livelihoods across the United Kingdom.
Storm Christoph caused widespread surface water flooding
Storm Christoph emphasised growing risk of surface water flooding as main river defences successfully protected thousands of homes With Storm Christoph bringing heavy and at times record-breaking rain it is no surprise that across the country there was significant...
Previsico’s flood forecasting system goes live in Kenya in partnership with Kenya Red Cross
Previsico, today announces that its partnership with the Kenyan Red Cross has now gone live after a successful trial, to bring cutting-edge flood alerts to the people of Kisumu, ahead of a potential roll-out across Kenya. Previsico’s FloodMap Live technology uses...
Previsico launches new R&D hub in Hong Kong
Backed by a grant from Hong Kong Science Park (HKSTP), Previsico has set up an R&D hub to continue improving on our cutting-edge flood forecasting technology The HKSTP grant, designed to attract high tech business with a strong R&D background, provides US$150k...
Previsico selected to represent the best of UK Innovation for first ever ITC + DIA World Tour
Previsico has been selected by InsTech London to pitch at its UK event on 3 September, with the winner going through to the InsureTech Connect (ITC) Global finals on 21-23 September. This year, ITC, best known for its annual Las Vegas conference that last year...
Joe and Amelia join Previsico on industrial placements
Due to Previsico’s close relationship with Loughborough University, the company seeks to provide internships and placements to the University’s students. This year, placements have been offered to two second year Geography undergraduate students, providing them with...
A look at the August flash floods in Aberdeenshire
Previsico provides real-time property level flood forecasts and warnings with a 48-hour lead time. Uniquely, these are continuously modelled every three hours using Previsico’s world leading flood nowcasting technology for surface water [‘the biggest flood risk of...
Previsico develops new underwriting tool at Lloyd’s Lab to enhance insurers’ flood modelling capabilities
Previsico announces the launch of a new underwriting tool, developed during our time at the Lloyd’s Lab, to enhance insurers’ flood risk models for both residential and commercial property, and fine art risks. The new underwriter modelling solution was designed with...
Previsico selected for prestigious Lloyd’s Lab
Lloyd’s has selected twelve new InsurTech disruptors to join the global (re)insurance market’s innovation accelerator, as part of Lloyd’s commitment to becoming the most technologically advanced insurance marketplace in the world. More than 190 applications were...
Previsico receives hat-trick of innovation wards at Morningside Arena
Previsico, received awards for Digital Innovation and Technology Innovation, before concluding the evening by being crowned overall champions. The judging panel chose Previsico for Innovator of the Year Award because of the important role it has the potential to play...