Experian launches first groundwater flood map
Experian has launched the first groundwater flood model designed to give insurers greater confidence in their underwriting process.
The potential for groundwater flooding has grown due to the increase in extreme downpours and Sir Michael Pitt’s interim report on the causes and consequences of the floods released earlier this week has highlighted groundwater as an area that needs monitoring.
It has been estimated that it can affect several hundred thousand properties in the UK, making the issue more urgent and highlighting a need for further work in this area.
The British Geological Survey (BGS) developed the first national
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