“At FloodFlash, our parametric insurance model revolutionizes flood risk management by triggering payouts based on predetermined flood depths detected at each property. Our unique, sensor-based approach is powered by KatRisk’s high-resolution, peril-specific models, which provide the critical data we need to apply our own risk pricing methodology effectively. KatRisk’s precise flood modeling enhances the accuracy, affordability, and accessibility of our offerings. By leveraging KatRisk’s detailed understanding of flood dynamics, we can tailor our insurance products and offer substantial support to clients regarding sensor placement, trigger depths, and payouts. This integration improves the customer experience and broadens the reach of our parametric insurance, making it an essential tool for those traditionally underserved by the insurance market.”