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Swiss Re partners with Airbus on drone imagery for flood modeling

Aerial drone view of flooded area

Swiss Re Corporate Solutions Ltd., the commercial insurance arm of reinsurer Swiss Re Ltd., on Tuesday said its flood assessment tool FLOAT will be powered by drone imagery and data from Atlanta-based Airbus Aerial, a unit of aerospace giant Airbus Group.

FLOAT helps companies assess the flood risks of plants and other facilities, using drones to capture accurate, location-specific elevation data, Swiss Re said in a statement.

The collected data set is transformed into a realistic visualization of the facility, including an interactive simulation that shows potential vulnerabilities and low points, the statement said.

The collaboration will enable FLOAT customers to bring together data from drones, manned aircraft, satellites and combine it with analytics, asset inspection tools, site monitoring and reporting via Airbus Aerial’s cloud-based suite, according to the statement.

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