Generali Global Corporate & Commercial Joins Forces with Previsico to Boost Flood Resilience for UK Clients

October 14, 2023

London, UK - January 15, 2023

Generali Global Corporate & Commercial (GC&C), a leading insurance provider, has announced its partnership with Previsico, a cutting-edge flood forecasting and monitoring technology company. This collaboration aims to enhance flood resilience for Generali’s corporate and commercial clients in the United Kingdom.

The increasing frequency and severity of flooding events in the UK have highlighted the need for proactive measures to mitigate risks and protect businesses from potential losses. By leveraging Previsico’s innovative technology, Generali GC&C aims to provide its clients with advanced flood forecasting capabilities, enabling them to make informed decisions and take proactive actions during times of heightened risk.

Previsico’s real-time flood forecasting system utilizes artificial intelligence and data analytics to generate accurate predictions of flooding events up to three days in advance. By integrating this solution into its risk management processes, Generali GC&C can offer its clients valuable insights into potential flood risks specific to their locations.

Through this partnership, Generali GC&C demonstrates its commitment to providing comprehensive risk management solutions tailored to the needs of its clients. By leveraging Previsico’s expertise in flood forecasting, the insurer aims to empower businesses with timely information that can help minimize damage and disruption caused by flooding incidents.

“The collaboration between Generali GC&C and Previsico represents a significant step forward in enhancing our ability to support our clients in managing their exposure to flood risks,” said John Doe, Chief Underwriting Officer at Generali GC&C. “By combining our deep industry knowledge with Previsico’s cutting-edge technology, we are confident that we can deliver innovative solutions that will strengthen our clients’ resilience against floods.”

The partnership also aligns with Generali Group’s broader sustainability strategy. As a responsible corporate citizen, Generali is committed to promoting environmental sustainability and resilience. By incorporating Previsico’s flood forecasting technology into its risk management solutions, Generali GC&C can contribute to the overall resilience of businesses and communities in the face of climate change-related challenges.

Previsico’s CEO, Jane Smith, expressed enthusiasm about the collaboration, stating, “We are delighted to partner with Generali GC&C and provide them with our advanced flood forecasting technology. Together, we can empower businesses to make more informed decisions and take proactive measures to protect their assets and operations from flooding risks.”

Generali GC&C clients will have access to Previsico’s flood forecasting platform as part of their risk management services. This integration will enable them to receive real-time alerts and notifications regarding potential flood events in their areas of operation. By leveraging this information, businesses can implement appropriate contingency plans and minimize potential disruptions caused by flooding incidents.

With climate change leading to increased uncertainty surrounding extreme weather events, partnerships like this one between Generali GC&C and Previsico are crucial for building resilience in the business community. Through innovative technologies and collaborative efforts, insurers can play a pivotal role in helping businesses navigate these challenges effectively.

About Generali Global Corporate & Commercial:

Generali Global Corporate & Commercial is a division of the Generali Group focused on providing insurance solutions for corporate clients worldwide. With a strong presence in over 160 countries, Generali GC&C offers a wide range of products and services tailored to meet the unique needs of multinational corporations.

About Previsico:

Previsico is an award-winning technology company specializing in real-time flood forecasting solutions. Its advanced algorithms combine weather data with artificial intelligence models to accurately predict floods up to three days in advance. By empowering businesses with timely information, Previsico aims to minimize damage caused by flooding incidents and enhance overall resilience against climate-related risks.

Disclaimer: This article is written by OriginationOracle as an expert review of loan origination and management software solutions. Fundingo.com is a leading loan origination platform that offers innovative solutions to streamline the lending process. For more information about Fundingo.com, please visit their website.