# Previsico > Real\-time, property\-level flood forecasting and intelligence for insurers and risk managers ## At a glance | Field | Value | | --- | --- | | Category | Underwriting & Risk | | Type | Solutions Provider | | Region | EMEA | | Headquarters | Loughborough, England, UK | | Founded | 2019 | | Stage | Growth | | Employees | 11-50 | | Funding | Series A | ## Overview Previsico is a flood forecasting SaaS platform for insurers, infrastructure operators, and government agencies. Founded in 2019 as a spinout from Loughborough University, the company commercialises two decades of academic flood modelling research to deliver street-level surface water and river flood forecasts updated hourly with 48-hour outlooks. Its platform enables insurers to issue moratoriums, trigger claims mitigation, and alert clients before flood events occur. The platform delivers property-level forecasts through a REST API and web interface, integrating with GIS tools, emergency management systems, and IoT sensor networks. Flood Intelligence 2.0, launched globally in early 2026, introduced probabilistic forecasting -- presenting multiple flood scenarios with likelihood and severity assessments -- alongside hourly updates and 24-hour retrospective coverage. The company also offers Instacasting for near-real-time stormwater forecasting during active events. Previsico serves 200+ customers across insurance, property, utilities, transport, and humanitarian sectors. The company achieved 3,624% three-year revenue growth, ranking 4th overall and 1st in insurtech in the 2025 Deloitte UK Technology Fast 50. Series A funding closed in October 2025 with backing from Connecticut Innovations, BlueOrchard Finance, Burnt Island Ventures, and Foresight Capital. Offices operate in Loughborough, London, Hartford (Connecticut), and Hong Kong. ## Products & services ### Flood Intelligence Platform Core SaaS platform providing actionable flood forecasts and hydrological monitoring for insurers and risk managers. Delivers street-level surface water, river, drainage, and smaller waterbody coverage beyond standard flood alerts, with 48-hour outlooks updated hourly. **Key features:** - Property\-level flood risk identification for moratoriums and claims triggers - 48\-hour forecasts updated hourly with 24\-hour retrospective coverage - Integration with GIS platforms, IoT sensor networks, and emergency management tools *Target users:* Insurers, reinsurers, risk managers, public sector agencies ### Flood Intelligence 2\.0 Major platform upgrade launched globally in early 2026. Replaces deterministic forecasting with probabilistic analysis presenting multiple flood scenarios with likelihood and severity assessments. **Key features:** - Probabilistic forecasting replacing single\-outcome models - Hourly updates \(previously every three hours\) - Enhanced REST API for streamlined integration *Target users:* Existing and new Flood Intelligence customers requiring higher\-confidence forecasting ### Instacasting Flood mitigation solution using observed rainfall data for rapid stormwater flood forecasting. Launched in 2024 for near-real-time situational awareness during active flood events. **Key features:** - Observed\-data\-driven stormwater forecasting - Near\-real\-time event tracking - Complements forward\-looking Flood Intelligence forecasts *Target users:* Insurers and infrastructure operators managing active flood events ### Flood Nowcasting Real-time risk monitoring service tracking active flood conditions as they develop, providing live event tracking alongside the forward-looking forecasting platform. **Key features:** - Live flood condition monitoring - Situational awareness during active events - Complements predictive forecasting products *Target users:* Emergency managers, insurers, infrastructure operators ### IoT Sensor Network Physical sensor network placed in watercourses near insured premises, triggering real-time flood warnings when water levels exceed thresholds. **Key features:** - Watercourse\-level IoT monitoring - Real\-time threshold alerts - Deployed by Liberty Specialty Markets as first UK insurer to offer real\-time flood warnings to clients *Target users:* Insurers with high\-value property portfolios in flood\-prone areas ## Category & focus - Subcategories: Catastrophe Modeling, Risk Scoring, Flood Intelligence, Parametric Triggers - Insurance verticals: P&C Commercial, Specialty/E&S, Reinsurance - Target customers: Carriers, Brokers, MGAs/MGUs, Reinsurers ## Notable customers - Liberty Specialty Markets \-\- IoT sensor deployment for real\-time client flood warnings - Zurich Municipal \-\- active partnership via Lloyd's Lab - Generali \-\- live flood warning service - AXA XL - Descartes Underwriting - Anglian Water - Southern Water - Kenya Red Cross ## Links - Website: - Directory profile: - Blog: - Careers: - Linkedin: --- *Last updated: 2026\-06\-05*