GC FloodShield
A global parametric flood solution from leading reinsurance broker Guy Carpenter
GC FloodShield enables parametric flood (re)insurance, geared towards the risk transfer of large portfolios distributed across vast regions.
Floodbase technology is available as a global flood monitoring provider for the FloodShield parametric insurance product.
monitoring
Floodbase enables industry-leading flood cover across the globe for previously uninsurable, large-scale economic loss.
Designed to cover your unique flood risk, with tailor-made solutions for business interruption, agriculture, disaster response, and more.
Capacity from leading insurers certified to underwrite Floodbase-enabled policies.
Continuous, year-round flood monitoring across the globe, enabled by a fusion of high-quality ground sensors, satellites, and hydrological data.
Transparent monitoring, timely alerts, and quick access to capital following a severe flood event.
Daily flood monitoring
Automatic alerts
Rapid payouts
Access observation data relevant to your policy like flood extent, duration, and depth.
Get alerts when flooding exceeds predefined payout thresholds.
Receive payouts within weeks of certified flood events.
Floodbase has been selected to support FEMA to develop a national flood intelligence system.
Compliment indemnity insurance with deductible buy downs or wrap-around coverage.
Cover previously uninsurable loss like non-damage business interruption and crop or land loss.
