Strengthening reinsurance with scalable, prevention-first intelligence

Mitigrate helps reinsurers quantify risk reduction, improve capital efficiency, and protect portfolio performance through proactive flood prevention across insured assets.

Industry overview

Reinsurers face increasing exposure to systemic flood risks and climate-driven losses across portfolios. Mitigrate enables a shift from passive risk assumption to proactive portfolio resilience. Our platform provides measurable flood prevention diagnostics across books of business—empowering underwriting, capital modelling, and sustainability teams to align risk with real-world mitigation and reward resilience.

The impact of climate change on Re-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

How Mitigrate helps reinsurers manage flood volatility and reward resilience

Mitigrate enables reinsurers to assess, validate, and incentivise loss prevention across portfolios, helping lower exposure, optimise capital, and sustain long-term profitability.

Risk reduction and loss prevention

Mitigrate verifies flood resilience at the asset level, helping reinsurers reduce peak exposure and improve portfolio quality.

Lower claims and improve combined ratios

By enabling primary carriers to adopt prevention, Mitigrate reduces loss frequency and severity, translating into improved reinsurer margins.

Underwriting efficiency

Mitigrate surfaces diagnostics on preventive measures across thousands of assets, allowing reinsurers to stratify risk and structure smarter treaties.

Compliance and ESG integration

Mitigrate provides the data reinsurers need to assess ESG-aligned underwriting, fulfil sustainability commitments, and support taxonomy-compliant clients.

“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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