Predicting the UK's future floods and windstorms through geospatial intelligence - LexisNexis Risk Solutions

Insurtech UK partner LexisNexis Risk Solutions have published an article explaining how to predict the UK's future floods and windstorms through geospatial intelligence.

'Predicting the UK's future floods and windstorms through geospatial intelligence' by Caroline Elliott-Grey (Senior Product Manager at LexisNexis Risk Solutions)

Property insurance providers are increasingly having to factor for a triple whammy of adverse and logistically different weather conditions. These climate change-driven perils have been causing havoc across the country, particularly along coastlines, with windstorms, subsidence and flooding triggering a 58% rise in weather-related insurance claims.

It remains alarming to see temperatures rising across the board in the UK, but this is nothing new, the country’s ten warmest years all occurred since 2002 and 2023 was the second warmest. What may come as a surprise, however, is that since 1998, the UK has experienced six of its wettest 10 years, with the last 18 months soaking the country with record rainfall.

When this rain is accompanied by high winds, the result is a storm.

The rest of the article can be read here.