Mitigrate and Previsico partner to connect flood forecasting with flood prevention
The partnership links Previsico's real-time flood forecasting with Mitigrate's property-level prevention intelligence. Together, they give insurers in the UK and Europe early warning of floods and a clear view of which properties to protect, and how.
November 3, 2026 – Mitigrate, the climate insurtech company specialising in flood prevention intelligence, and Previsico, the UK specialist in real-time, hyperlocal flood forecasting and alerts, have entered a strategic partnership. Together, they will help insurers and risk managers across the UK and Europe pair warnings of a flood with the property-level measures that reduce the loss.
Flood losses continue to rise. To manage them, insurers need to know both when a flood will strike and which properties to protect ahead of it.
Previsico's flood forecasting technology gives insurers and their policyholders warning of flood events at specific locations. Mitigrate identifies which high-risk properties to act on and the precise, costed prevention measures that reduce expected losses. Together, the two cover the full flood-risk cycle: anticipate the event, and reduce the damage it causes. The two companies will work together to bring both capabilities to insurers in the UK, the Nordics and the rest of Europe.
“Our clients use Previsico to know where and when flooding will hit. Mitigrate gives them the next step: which properties to protect and which measures will reduce the loss. Working together means insurers can move from warning to action,” says Victor Nekhay, Insurance Lead at Previsico.
“A forecast tells insurers the water is coming. Mitigrate shows which properties to protect, which flood resilience measures will cut losses most, and, with short notice, what emergency measures to implement as a last resort. With Previsico, insurers can act on both and keep flood risk insurable,” says Laurent Feuilleaubois, CEO of Mitigrate.
What the partnership means for insurers
For insurers, the combination supports a shift from reacting to claims to preventing them:
- Underwriting: Combine location-level flood forecasts with property-level vulnerability to price risk more accurately and keep more risk insurable.
- Risk engineering: Focus surveys and prevention advice on the properties where forecasts and vulnerability both point to the highest loss potential.
- Claims: Act before and after events, with clear build-back-better measures that reduce repeat losses.
About Previsico
Previsico is a surface water flood forecasting specialist that helps people and organisations reduce the impact of flooding. Backed by Foresight Group and built on two decades of research at Loughborough University, its solution is used by insurers, businesses and government to reduce flood losses. Previsico has offices in Loughborough, London, the US and Hong Kong.
For more information, visit https://previsico.com/
About Mitigrate
Mitigrate is an insurtech company based in Oslo, Norway. Its prevention intelligence platform identifies the measures that deliver the greatest return on prevention, covering over 50 million buildings across the Nordics, the UK, France and Germany. Mitigrate helps insurers reinforce portfolios, sustain strong combined ratios, and keep insurance affordable.
For more information, visit https://www.mitigrate.com/
