Insurtech Previsico has launched a major upgrade to its flood forecasting platform which aims to provide insurers, infrastructure operators, risk managers, and at-risk organisations with clearer insight in managing flood events.

Flood Intelligence 2.0 replaces traditional deterministic forecasts with a probabilistic approach that Provisico says gives users a clearer understanding of both the likelihood and severity of a flood event. It also enables operators to respond to rapidly changing conditions, providing hourly updates within the platform so that decisions can be based on real-time data.

Sam Wilks, head of product at Previsico, said: “Instead of telling users whether flooding is expected or not, our platform now shows a more detailed view of the outcome, including the likelihood and severity of floods, with accurate, timely, and actionable intelligence to support live response efforts, from managing insured assets and infrastructure to operational planning. This is a major step forward for the resilience and effectiveness of the insurance industry and its customers.”

As well as probabilistic forecasting and hourly forecast updates, users also get 24-hours of retrospective analysis (up from 12 hours), to provide a clearer picture of how an event is evolving, supporting better validation, review, and resource coordination. This is combined with a new platform interface that is intended to offer a more intuitive operating environment for enhanced awareness as flood events unfold.

The new offer will be rolled out to Previsico’s new and existing customers from early 2026 onwards.

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