Airbus Aerial and Swiss Re Corporate Solutions have announced a new collaboration designed to help companies efficiently identify flood risks and more accurately predict weather-related flood damage.
Under the partnership, Swiss Re Corporate Solutions’ flood assessment tool, FLOAT, will be powered by Airbus Aerial’s drone imagery and data.
Swiss Re Corporate Solutions is the commercial insurance arm of the Swiss Re Group. FLOAT, developed by Swiss Re Corporate Solutions’ risk engineering services team, helps companies assess the flood risks of facilities by using drones to capture location-specific elevation data. The collected data is transformed into a realistic visualization of the facility, including an interactive simulation that shows potential vulnerabilities and low points.
Launched by Airbus two years ago, Airbus Aerial is an aerial services business leveraging software and aerospace technology from across the Airbus enterprise to acquire, manage and share data provided by drones, satellites, high-altitude aircraft and other sources within a cloud-based system.
“We are very excited to announce our collaboration with a global leader in the commercial insurance market and to be able to offer this unique solution to Swiss Re Corporate Solutions’ clients around the world,” says Jesse Kallman, president of Airbus Aerial at the company’s Atlanta headquarters.
“Aerial’s ability to deliver cutting-edge and reliable drone imagery and data makes them a perfect match for Swiss Re Corporate Solutions’ goal to help our clients protect their businesses,” comments Philip Brandl, manager of risk engineering services for Europe, the Middle East and Africa at Swiss Re Corporate Solutions. “FLOAT is an innovative and cost-effective service that clearly shows clients where they are at risk for flood so they can take steps to better protect themselves.”