7Analytics

We are seeing a preoccupying increase in floods across world. How do these affect communities?

📣 Calling the USA - Are you ready for us? 📣 🛣 We have been engaging with American partners and clients for years, but now this summer we are taking a major leap all across the Atlantic: We are setting up shop in Boston and our US team is already paving the ground for a successful next chapter for 7Analytics. ☔ When new horizons open it is also a great time to look back on where we come from: Bergen - the second city of Norway + the European rain capital + home to modern weather science + a hub for geo and climate knowledge. 🧂Living and working in a very wet urban environment, partnering with ambitious peers, and drawing from a strong pool of competences are our secret ingredients. In other words: rain is in our DNA and we promise to bring that in to all we do overseas!

⭐ Excited to announce that we are joining Greentown Labs, the leading community of climatetech pioneers. 🌎 Greentown Labs' mission of solving the climate crisis through entrepreneurship and collaboration aligns perfectly with ours. 📍 This summer Helge Jørgensen will establish our US headquarters at Greentown Boston, and we look forward to further our efforts in physical climate risk in the US 💦 Look here to learn more: https://lnkd.in/gnZNExKF and get in touch to connect👋

The only flood we want is data: predicting the future of climate. (Part III)

Looking back at four days in Italy with the whole 7A-team, bringing back great memories and new knowledge 😄

🤝 KLP to Implement InzureFlood for Enhanced Flood Risk Management 👏 We are thrilled to announce that KLP, a leading Norwegian insurance company within the public sector, will be adopting our state-of-the-art solutions for highly accurate urban flood risk scoring. 🎯"As we are becoming increasingly aware of the risks related to urban flooding in our portfolio, we have been looking for a partnership helping us enhance our understanding and pricing of such risks. Through various pilots, we have learnt that 7Analytics’ innovative flood risk model nicely supplements our existing risk modelling and deepens our understanding of the risk landscape ahead. We are excited to fully include the InzureFlood model into our analyses and to explore how the model may add value to our clients’ climate change adaptation efforts", says Tore Tenold, CEO of KLP Skadeforsikring. 🏘 KLP Skadeforsikring, a Norwegian customer owned insurance company, has signed with 7Analytics. 7Analytics’ product "InzureFlood" helps the carrier predict the flood risk at a new level of granularity. KLP advances its understanding of portfolio and single-client risk which enables risk-based pricing and long-term profitability for its large group of both private and public insurance customers. 💦 InzureFlood is based on a high-resolution terrain model, trained on claims data from the insurance industry in a machine learning model. The model predicts the urban risk score down to a building level. InzureFlood gets smarter with each claim, constantly learning and improving its flood risk assessments. 🤝We are pleased to welcome KLP on board and look forward to delivering the most precise pluvial flood risk information available in the market today. As KLP is owned by municipalities, health enterprises, and companies with public occupational pensions, the benefits are directly returned to the community. This flood risk partnership marks a significant step in integrating climate risk data into KLP’s business and sustainability efforts. For more information, visit www.7analytics.no and KLP Sustainability in Insurance: https://lnkd.in/dhZhgVtm Øivind Gulbrandsen | Eirik Lødøen Halsteinslid | Lars Christian Otterbeck | Torunn Brånå

🤝 KLP to Implement InzureFlood for Enhanced Flood Risk Management 👏 We are thrilled to announce that KLP, a leading Norwegian insurance company within the public sector, will be adopting our state-of-the-art solutions for highly accurate urban flood risk scoring. 🎯"As we are becoming increasingly aware of the risks related to urban flooding in our portfolio, we have been looking for a partnership helping us enhance our understanding and pricing of such risks. Through various pilots, we have learnt that 7Analytics’ innovative flood risk model nicely supplements our existing risk modelling and deepens our understanding of the risk landscape ahead. We are excited to fully include the InzureFlood model into our analyses and to explore how the model may add value to our clients’ climate change adaptation efforts", says Tore Tenold, CEO of KLP Skadeforsikring. 🏘 KLP Skadeforsikring, a Norwegian customer owned insurance company, has signed with 7Analytics. 7Analytics’ product "InzureFlood" helps the carrier predict the flood risk at a new level of granularity. KLP advances its understanding of portfolio and single-client risk which enables risk-based pricing and long-term profitability for its large group of both private and public insurance customers. 💦 InzureFlood is based on a high-resolution terrain model, trained on claims data from the insurance industry in a machine learning model. The model predicts the urban risk score down to a building level. InzureFlood gets smarter with each claim, constantly learning and improving its flood risk assessments. 🤝We are pleased to welcome KLP on board and look forward to delivering the most precise pluvial flood risk information available in the market today. As KLP is owned by municipalities, health enterprises, and companies with public occupational pensions, the benefits are directly returned to the community. This flood risk partnership marks a significant step in integrating climate risk data into KLP’s business and sustainability efforts. For more information, visit www.7analytics.no and KLP Sustainability in Insurance: https://lnkd.in/dhZhgVtm Øivind Gulbrandsen | Eirik Lødøen Halsteinslid | Lars Christian Otterbeck | Torunn Brånå

☔ 7Analytics, with co-founder Helge Jørgensen, is attending the #ITIUSA2024 conference in New York City this week 05-06 June. As flood risk experts, we want to share our knowledge and help you optimize underwriting and broaden coverage in a changing climate. 👋 If you're around don't hesitate to reach out! #ITI2024 #Insurance #Insurtech

💥Team 7Analytics💥 We’ve been away on a surprise adventure, taking us all the way to Milan and Piemonte, Italy ✈🌍   What a trip! Four days of hydrology and geology deep dive and sightseeing Italian villages combined with great Italian food and drink – and to not forget about the gelato🍦 We even got to experience some serious cloudbursts and learned more about the recent floodings in Northern Italy 💦 The biggest thanks to Bjarte Fageraas for hosting us and to our three, local guides led by Alberto Previati from the University Milano-Bicocca 🎯 Stay tuned to see and learn more from our trip! 🎥 

The only flood we want is data: predicting the future of climate. (Part II)