Case Study: a leading non-life insurer elevates flood risk analytics with Moody's Analytics

Leading Non-Life Insurer Raises the Data Level for Flood Insurance

A leading European non-life insurer sought to grow its flood insurance market share. To achieve this, the company needed to enhance its analytical capabilities for better flood risk selection, more accurate pricing, and more effective portfolio management, all while requiring a solution that would integrate seamlessly into its existing workflows without additional infrastructure costs.

The insurer adopted Moody's Analytics solutions, specifically the Moody’s RMS Europe Inland Flood HD Models delivered via the cloud-based Moody's Risk Modeler platform. This provided high-definition flood risk data and advanced analytical tools. The implementation resulted in risk-appropriate pricing, improved risk selection, and better portfolio management. The cloud-based solution also facilitated speedy integration, zero upgrade downtime, and a reduced total cost of ownership, ultimately supporting the insurer's goal of premium growth and loss reduction.