Floodbase
We use satellites and AI to track floods in near real-time anywhere on Earth to insure risk and save lives.
Published Sep 25, 2026
| Starting Price | Not public; vendor indicates fees are applied when policies bind | Not public (parametric policies priced case-by-case) | Not public (enterprise pricing) |
| Primary use case | Parametric flood index design, monitoring, and trigger enablement using multi-source flood intelligence; focused on large-area triggers | Parametric coverage with on-site sensor depth measurement and rapid payout mechanics | SAR-driven near real-time flood depth/extent intelligence for event response and portfolio workflows |
| Key strengths | End-to-end parametric enablement (index design → monitoring → trigger), and large-area observed-extents approach | On-site sensor measurements can provide direct depth readings at insured locations, reducing some disputes | Persistent SAR monitoring that can operate through clouds and at night; strong event response capabilities |
| Key weaknesses | Public documentation of enterprise security/compliance is limited; limited third-party customer review footprint | Requires sensor deployment and ongoing operations at insured sites | May be positioned more as a data and response utility than a turnkey parametric trigger engine depending on the integration approach |
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Where Floodbase appears to provide capabilities of interest:
Where competitors may be stronger in specific use cases:
Market adoption signals derived from public materials include accelerator participation and partnership announcements. Company-stated metrics for enabled programs and geographic coverage derive from press materials and are not independently verified in the public domain.