Company profile
Previsico | Predicting and Preventing Flood Impacts
Previsico's advanced forecasting technologies enable flood resilience for people and organisations
Financial period: 1 Jan 2024 to 31 Dec 2024
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Company registered at Companies House
Previsico develops software designed to predict flooding in order to help mitigate the associated risks.
Previsico is a global provider of real-time street level flood warnings. These are produced using live modelling to enable people and organisations to proactively mitigate flood impacts. Our mission is to be the leading global provider of cutting-edge flood prediction that saves lives and livelihoods. This requires continuous innovation through harnessing the leading information sources and technological developments to maximise the prediction's quality and its impact on those affected by flooding.
Previsico provides services to asset owners, emergency responders and humanitarian organisations to improve their preparedness ahead of flood events.
1 Feb 2023 to 31 Jan 2024
Following initial supervision of climate related financial risks, The Bank of England requires UK banks and insurers to stress test their assets and liquidities against climate risks biennially; the next stress test is planned for summer 2023\. Participating insurers will need to respond to questions around their strategic responses to the three CBES scen...
1 Jun 2022 to 31 Aug 2022
Hazard warning systems are being increasingly employed globally, though these fail to account for surface water flooding -- the greatest flood risk of all -- or flooding from ordinary water courses. Previsico currently delivers to asset owners a warning and forecast service for surface water flooding at 25m resolution using its proprietary live hydrodynam...
8 Jun 2020 to 8 Jun 2021
Previsico's vision, having spun-out from the University in Jan 2019, is to transform what was an innovative research project into a global early warning enterprise, saving lives and livelihoods. We will globally revolutionise the way insurers engage with their policyholders during a flood. Our innovation delivers high confidence, real-time flood predictio...
1 Jan 2019 to 31 Mar 2020
"FloodMap Live is a project which uses a combination of technological innovations to deliver continuous high confidence flood predictions at the street level, tailored to the needs of our customers. It is the first technology to offer highly-scalable flood nowcasting and forecasting products around the clock at high frequency, capturing every short-durati...
