Last week, our patent on the technology to build flood models like FloodScope was finalized. This is an exciting milestone for the InsitePro team because it is a public demonstration of the innovation we are bringing to insurance analytics.
The above images showcase the FloodScope zones compared to their input digital terrain model (DTM) and river centerlines (red = RTP 20 years, yellow = RTP 100 years, blue = RTP 500 years) for a stretch of the Canadian River.
But having patented technology and a new, unique, cutting-edge flood model is only a piece of the InsitePro solution. FloodScope is a component of the custom flood risk analytics we are delivering to our customers, because underwriting flood risk needs more than a flood model.