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Zurich Insurance tests flood forecasting tool for corporate client

Posted On: Mar. 31, 2021 10:19 AM CST

Flood prediction and analytics company Previsico Ltd. has partnered with insurer Zurich Insurance Co. Ltd. and a major U.K.-based company to commercially test its new flood forecasting tool, Fintech Finance reported. The live flood forecasting tool will be tested in around 5,000 U.K. locations, in a bid to address flood risk and reduce the cost of false alarms.

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