Rewriting the rules of insurance with prevention-first technology

Our flood prevention platform equips insurers with scalable, data-driven tools to reduce claims, protect assets, and increase customer loyalty

Industry overview

Insurers face rising flood claims, soaring reinsurance costs, and growing insurability gaps. Mitigrate shifts insurance from reactive pay outs to proactive prevention. Our platform provides property-level diagnostics to reduce future losses and enhance customer retention. It supports underwriting, claims, and ESG teams with actionable insights and measurable impacts.

The Impact of Climate Change on Insurance

€14B+

Global insured flood losses annually.

17%

Of total flood losses were insured — revealing a major protection gap.

€70B

In flood losses remained uninsured.

Mitigrate facing Climate change

Mitigrate to the rescue

Mitigrate empowers insurers to reduce claims, improve combined ratios, and streamline underwriting through data-driven flood risk prevention.

Risk reduction and loss prevention

Mitigrate identifies and mitigates property-level flood risks before disaster strikes, reducing losses.

Lower claims and improve combined ratios

By preventing avoidable damage, Mitigrate cuts claims costs and boosts combined ratio performance.

Underwriting efficiency

Mitigrate enhances underwriting by bringing property-level diagnostics of flood prevention measures directly into the decision process.

Compliance and ESG integration

Mitigrate supports insurers in meeting EU Taxonomy and CSRD requirements with verifiable climate risk actions.

“We see great potential in this solution. Over time, we can save several billions of Norwegian kroner in damage costs, and we do not doubt it will be profitable. As a minimum, the need for price increases forced by increasingly intense weather will be reduced.I have actually used Mitigrate Prevent solution to map my own house about stormwater problems. Although my house is not very exposed, it was interesting to read the recommendations.”

Geir Holmgren
CEO Gjensidige

“AXA Climate and Mitigrate are collaborating to provide innovative solutions for climate adaptation. By leveraging Mitigrate's expertise in nature-based solutions, AXA Climate aims to offer businesses and communities comprehensive risk assessments and cost-effective adaptation strategies. This partnership aims to bridge the gap between risk assessment and practical implementation, empowering clients to build resilience in the face of climate change.”

Huu-An PHAM
Head of Industry Adaptation

“Mitigrate's innovative approach to providing property-level flood risk assessments represents a crucial advancement in loss prevention. The ability of Prevent to quantify effectiveness and prioritise interventions at scale makes them a valuable partner in bringing prevention to life to make reinsurance and insurance more sustainable and accessible where carriers who invest in prevention get rewarded for it.”

Joseph Norris
Head of UK & Ireland Catastrophe Analytics
Product

Discover the smarter, easier way to prevent and manage climate risks

See Mitigrate in action and learn how our platform helps reduce losses, enhance customer trust, and scale seamlessly across your portfolio. Book your demo today!

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Careers

Join our mission to revolutionize climate risk prevention

We’re looking for passionate innovators to help transform how the world prevents and manages property risks. Explore exciting career opportunities and apply today!

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