0.25 CIP Points
Australian flood crisis tests FloodMapp and Codafication technology
Two Australian insurtechs' real-time response to the recent ‘once-in-100-year’ flood event could transform the way we assess claims in a disaster. As flood levels began to rise across South-East Queensland following February’s record-breaking rainfalls, FloodMapp’s team of modellers, hydrologists, engineers...
22 Mar 2022
3 mins read
Two Australian insurtechs’ real-time response to the recent ‘once-in-100-year’ flood event could transform the way we assess claims in a disaster.
As flood levels began to rise across South-East Queensland following February’s record-breaking rainfalls, FloodMapp’s team of modellers, hydrologists, engineers and data scientists were working around the clock.
The Brisbane-based start-up had pioneered new technology that enabled them to model flood events in real time as they unfolded, and now it was being put to the test in a ‘once-in-100-year’ event.
Respondng to the flood crisis
The team worked steadily as the situation unfolded, collecting, analysing and sharing data and information to support the different parties attempting to deal with the crisis, from government organisations and emergency workers through to insurers dealing with the avalanche of claims that were rolling in.
‘We have developed a different product for each stage of a [flood] event,’ explains FloodMapp co-founder and CEO Juliette Murphy.
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