We have collaborated with leading data enrichment and geospatial insurance analytics firm, SpatialKey, to provide JBA’s new 5 meter flood maps and associated pricing data™ to insurers who underwrite and manage flood risk in the state of Florida.
These are the most detailed flood maps available for Florida and the start of the initial rollout of JBA’s high-resolution maps for the continental United States. The maps are now available for use within SpatialKey and will bring increased insight into flood risk to the wider insurance community.
The new JBA Florida Flood Maps provide a comprehensive view of flood risk at the highest resolution available on the market for all three principal types of flood: fluvial (river), pluvial (rainfall), and storm surge flood hazard across the state at a resolution of 5 meters. Additionally, the associated pricing data translates the flood maps into an easy-to-use tool for insurers to calculate an annualized cost of flooding at any location in the state.
“JBA has long been a trusted source in the global flood market,” comments Monique Nelson, Director of Data Product Management at SpatialKey. “We’re excited to bring the industry’s highest resolution flood data to the U.S. market. By making JBA’s data available within SpatialKey, insurers have a unified solution where they can quickly access the data as well as understand and visualize it in the context of their portfolios—helping them to make the most informed and accurate decisions possible.”
Matt Reid, Managing Director, JBA Risk Inc. USA, said “By providing our data on the SpatialKey platform, we are giving insurers access to the latest flood data and analytics at the point of underwriting, enabling them to make more informed decisions regarding the very real, and complex, flood risk in Florida.”
The maps are available now through SpatialKey. Please get in touch below for more information or read our latest blog and press release.