Swiss Re Corporate Solutions, the commercial insurance arm of the Swiss Re Group, and Airbus Aerial recently announced a collaboration that will help companies efficiently identify flood risks and more accurately predict weather-related flood damage.

Under the collaboration, Swiss Re Corporate Solutions' flood assessment tool, FLOAT, will be powered by Airbus Aerial's drone imagery and data.

FLOAT is a cost-efficient way to help companies assess the flood risks of plants and other facilities, by using drones to capture highly accurate location-specific elevation data and transforming this data into a realistic visualization of the facility, including a precise interactive simulation that shows potential vulnerabilities and low-points. You can learn more about this solution on FLOAT product page.

Airbus Aerial is an aerial services business, launched by global aerospace firm Airbus, leveraging the best software and aerospace technology from across the Airbus enterprise to acquire, manage and share the data and information provided by drones, satellites, high altitude aircraft and other sources within a cloud-based suite. More information can be found on Airbus Aerial website, or in the following presentation video:



Jesse KALLMAN, President of Airbus Aerial, from the company's Atlanta headquarters, said:

"We are very excited to announce our collaboration with a global leader in the commercial insurance market, and to be able to offer this unique solution to Swiss Re Corporate Solutions' clients around the world."

Philip BRANDL, Manager of Risk Engineering Services EMEA at Swiss Re Corporate Solutions, said:

"Aerial's ability to deliver cutting-edge and reliable drone imagery and data makes them a perfect match for Swiss Re Corporate Solutions' goal to help our clients protect their businesses. FLOAT is an innovative and cost-effective service that clearly shows clients where they are at risk for flood, so they can take steps to better protect themselves."