Reinsurance News
Previsico
CEO of Previsico says 2026 will be a pivotal year for flood insurance
23rd December 2025
In a recent Reinsurance News interview, Jonathan Jackson, CEO of Previsico, the flood forecasting company, discussed the challenges and opportunities facing the flood insurance sector in 2026. Flood‑related insurance losses have continued to escalate throughout 2025, reinforcing the broader trend of rising climate‑driven claims and mounting pressure on the sector’s risk ... Read the full article
Pinkerton joins Previsico as Chief Technical Officer
19th December 2025
Previsico, a flood forecasting and real-time flood risk intelligence platform provider, has appointed Mark Pinkerton as Chief Technical Officer (CTO). In his new role, Pinkerton will oversee the company’s global technology strategy, product development, and engineering operations, playing a key role as Previsco scales its forecasting capabilities around the world. The executive ... Read the full article
Previsico releases Flood Intelligence 2.0 to improve forecasting
5th December 2025
Previsico, an insurtech company that provides advanced flood prediction and risk management solutions, has released Flood Intelligence 2.0, an updated version of its flood forecasting platform. The platform is designed to give insurers, infrastructure operators, risk managers, and organisations at risk from flooding clearer insight and greater confidence in managing flood ... Read the full article
Previsico closes Series A funding round to accelerate global growth
21st October 2025
Previsico, the actionable flood warning insurtech, has announced the successful close of its Series A funding round to accelerate its global expansion. The round included investment from Connecticut Innovations (CI), Connecticut’s strategic venture capital arm, and BlueOrchard Finance Limited, a global impact investment manager and member of the Schroders Group. It ... Read the full article
BlueOrchard-managed private equity fund invests in Previsico
5th August 2025
The InsuResilience Investment Fund Private Equity II (IIF II), managed by BlueOrchard Finance Limited, has completed a strategic growth investment in flood intelligence platform Previsico. The investment is reportedly part of a new funding round with participation from Burnt Island Ventures alongside other existing shareholders. As Previsico expands its presence in the ... Read the full article
Previsico urges cross industry collaboration to tackle extreme flooding
4th July 2025
Previsico, the actionable flood warning insurtech, has called for collaboration between insurers, government, and industry to tackle the growing threat of extreme flooding globally during the London Climate Action Week, which took place last month. The flood insurtech engaged with policymakers, insurers, and innovators at the London Climate Action Week to ... Read the full article
Previsico secures additional funding to drive US expansion
12th March 2025
Previsico, the actionable flood warning insurtech, has secured further funding, led by a new investor, Burnt Island Ventures, a venture capital firm specialising in water innovation, along with Foresight Capital Ventures and its existing angel investor network. The company says that it will use the additional funding to support and accelerate ... Read the full article
Colin Ross to lead operational delivery across flood forecasting for Previsico as COO
13th February 2025
Previsico, the actionable flood warning insurtech, has announced the promotion of Colin Ross to Chief Operating Officer (COO). In his new position, Ross will be responsible for overseeing technical operations and project management, ensuring the smooth delivery of Previsico's advanced IoT systems in both the UK and US. His expanded role includes ... Read the full article
Previsico & Descartes partner to provide UK corporate parametric flood insurance
17th January 2025
Flood forecasting specialist Previsico has partnered with Descartes to offer businesses in the UK and Ireland accurate flood warnings and quick claims payments through new parametric coverage. According to Steven Hayward, IoT Systems Manager at Previsico, a third of commercial properties in the UK are at risk from flooding. "Our partnership with ... Read the full article
Previsico to bring its flood forecasting solutions to Esri UK’s clients
26th November 2024
Previsico, a provider of surface water flood forecasting, has entered into a partnership with Esri UK, a notable company across geographic information system software, location intelligence, and mapping, which will see Previsico bring its flood forecasting solution to Esri UK's clients to help mitigate future flood impacts and losses. Under the ... Read the full article
Previsico launches Instacasting, an advanced flood mitigation solution
13th November 2024
Previsico, a provider of surface water flood forecasting, is introducing Instacasting, a next-generation flood mitigation solution. Instacasting uses the most accurate observed rainfall data available (rather than predicted data) to assess surface water flood risks, enabling clients to respond more quickly and with greater confidence. The Instacasting suite integrates seamlessly with Previsico's ... Read the full article
Previsico survey finds most businesses lack a flood action plan
19th August 2024
In the face of the escalating threat of climate change, a recent survey by Previsico, a company specialising in real-time flood forecasting and water management, reveals that 54% of organisations in both the public and private sectors do not have a plan to address the rising risk of flooding. A majority ... Read the full article
Tractable AI’s Aleksander Surowiak joins Previsico as Head of Sales
10th April 2024
Live flood forecasting Insurtech Previsico has hired Tractable AI's Aleksander Surowiak as Head of Sales to bolster Previsico’s growth and nurture pivotal partnerships across the insurance industry. Surowiak brings a vast degree of startup scaling experience towards the role, having previously spearheaded sales in Northern and Central Europe at Tractable AI. Previously, ... Read the full article
Previsico appoints Craig Deacon as CFO
12th January 2024
Previsico, the live flood forecasting insurtech, has appointed Craig Deacon as its Chief Financial Officer (CFO). Most recently, Deacon served as the Vice President, Finance for Disguise Technologies. In his new role, Deacon takes on responsibility for delivering on Previsico’s international growth and financial strategy, as well as overseeing future Investor ... Read the full article
Previsico launches in New York to alleviate future losses following record flooding
1st November 2023
Live flood forecasting insurtech, Previsico, has announced that it has gone live in New York with its flood forecasting technology, following the recent record flooding that took place in the state, and US $2.2 million of further funding to support its accelerated growth across the US market. The insurtech's model showed ... Read the full article
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