Previsico, a specialist in surface water flood forecasting, has announced the launch of Instacasting, a next-generation flood mitigation solution. This innovative tool leverages the most accurate observed rainfall data available in the market to predict surface water flood risk more quickly and precisely. Instacasting complements Previsico’s existing flood data by employing exact rainfall data, thus enhancing flood resource allocation, loss control, and risk mitigation. The potential savings for insurers on flash flooding losses are significant, as this technology promises to revolutionize the way flood risks are managed.
Surface water flooding is the most considerable flood risk in the UK, impacting more than 2.8 million people in England alone. Clients such as National Grid, Network Rail, and Zurich Insurance stand to gain substantially from Instacasting’s advanced capabilities. By utilizing an array of data sets—including rainfall RADAR—the technology can determine observed rainfall and model it to predict flooding with up to 80% accuracy. This groundbreaking approach provides a crucial edge in mitigating the devastating impacts of surface water flooding, supporting faster and more informed decision-making.
Instacasting Features and Functionality
Jonathan Jackson, Previsico’s CEO, highlighted that the new radar-derived observable data provides unmatched accuracy and timeliness, essential in effective surface water flood forecasting. Instacasting is set to be available in three distinct formats, each tailored to specific needs. Instacast Outlook will display flood footprints from observed rainfall, enabling users to forecast potential flooding areas. Instacast Playback allows users to view flood footprints up to 12 hours in the past, providing valuable insights for analyzing previous events. Finally, Instacast On-Demand offers bespoke retrospective event analysis, catering to those requiring detailed assessments of past floods.
The technology behind Instacasting is built on two decades of research at Loughborough University, solidifying Previsico’s standing as a global leader in surface water flood modeling and risk mitigation. The dedication to scientific excellence ensures that this tool not only meets current needs but is also adaptable to future challenges in flood risk management. As such, Instacasting stands poised to set a new standard in the industry, providing unmatched accuracy and reliability.
Implications for Flood Risk Management
Previsico, specializing in surface water flood forecasting, has unveiled Instacasting, a cutting-edge flood mitigation tool. This innovative solution uses the most precise observed rainfall data available to predict surface water flood risks faster and more accurately. Instacasting enhances Previsico’s current flood data by incorporating exact rainfall information, improving resource allocation, loss control, and risk mitigation. For insurers, the potential savings on flash flooding losses are substantial, as this technology could transform flood risk management.
Surface water flooding is the UK’s most significant flood risk, affecting over 2.8 million people in England alone. Clients like National Grid, Network Rail, and Zurich Insurance can reap considerable benefits from Instacasting’s advanced features. By drawing on a variety of data sets, such as rainfall RADAR, the technology can analyze observed rainfall and model it to predict floods with up to 80% accuracy. This groundbreaking method provides a vital advantage in mitigating the severe impacts of surface water flooding and aids quicker, more informed decision-making.