SaferPlaces

Flood risk intelligence platform for climate resilience and insurance risk management

Underwriting & Risk Startup Seed

Overview

SaferPlaces is a flood risk intelligence and climate resilience platform serving insurance companies, reinsurers, municipalities, and financial institutions. The company provides real-time flood hazard mapping and risk scoring for pluvial, fluvial, and coastal flood types, enabling insurers to perform risk selection, pricing, and underwriting automation for flood-exposed properties.

The platform is delivered as a cloud-based SaaS and API service, combining geospatial datasets, satellite imagery, climate projections, and AI models to generate street-level flood risk assessments. SaferPlaces integrates with AWS, Google Earth Engine, Microsoft Planetary Computer, and Copernicus data services. Insurance customers use the flood risk API to power parametric insurance products and data-driven flood pricing workflows.

Founded in Rimini, Italy, SaferPlaces emerged from EIT Climate-KIC research and was developed in response to the 2023 Emilia-Romagna flood events. The company has received pre-seed investment from Seraphim Space and SilverLining, was selected for the ESA InCubed incubation program (2022-2024), and won the Copernicus Masters 2022 Regional Prize for Italy.

Products & Services

Cloud Web SaaS Platform

A real-time flood mapping and risk intelligence platform accessible via web interface. Delivers dynamic flood hazard layers for pluvial, fluvial, and coastal flooding integrated with climate data, enabling municipalities and insurance companies to assess flood exposure and plan mitigation strategies.

Key Features

Real-time flood hazard mapping at street-level granularity
Multi-hazard coverage: pluvial (surface), fluvial (river), and coastal flooding
Simulation of flood defense effectiveness (barriers, water tanks, nature-based solutions)
Climate projection integration for future risk assessment

Target Users: Insurance companies, municipalities, emergency management authorities, water utilities

Flood Risk API

Customizable flood and climate risk data delivered via RESTful API endpoints. Provides granular flood probability and intensity data for automated underwriting workflows and parametric insurance product development.

Key Features

Flood risk scoring and profiling per property or zone
Risk selection and premium calculation data feeds
Parametric trigger data for automated payouts
Integration-ready with insurance core systems

Target Users: Insurers, reinsurers, financial institutions, real estate lenders

Digital Twin Layers

Automatically ingested and integrated geospatial and climate datasets from multiple authoritative sources, creating a unified digital representation of flood risk across geographies.

Key Features

Data fusion from satellite imagery, elevation models, open street map, and climate projections
Continuous data ingestion and updates
Coverage across European geographies with expansion capability

Target Users: Public sector agencies, insurance risk teams, climate resilience planners

At a Glance

Founded: 2022
Headquarters: Rimini, Emilia-Romagna, Italy
Employees: 1-10
Funding: Seed

Category & Focus

Category: Underwriting & Risk
Subcategories: Flood Risk Scoring Climate Risk Intelligence Parametric Insurance Data Risk Assessment
Insurance Verticals: P&C Commercial P&C Personal Specialty/E&S Reinsurance
Target Customers: Carriers, Reinsurers, MGAs/MGUs