Insurance technology news from Previsico, Driver Technologies, Duck Creek Technologies and more. (Credit: ESB Professional/Shutterstock)
Previsico partnered with Nexus Alpha USA, a hub for innovation in the U.S., to mitigate surface water flood losses for insurers and their customers in the U.S., one of the most affected markets. Previsico's initial focus will be on New York, which has experienced serious flood issues and losses over the years, including last year, when a state of emergency was declared after it was hit by record rainfall and deadly flash floods as a result of Tropical Storm Ida.
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