Airbus Aerial and Swiss Re Corporate Solutions are partnering to help companies efficiently identify flood risks and more accurately predict weather-related flood damage.

Through the collaboration, Airbus Aerial’s drone imagery and data will power FLOAT, the flood assessment tool of Swiss Re Corporate Solutions.

“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,” says Jesse Kallman, president of Airbus Aerial, from the company’s Atlanta headquarters.

The commercial insurance arm of the Swiss Re Group, Swiss Re Corporate Solutions’ FLOAT helps companies assess the flood risks of plants and other facilities in a cost-efficient way.

FLOAT uses UAS to capture “highly accurate, location-specific elevation data.” The collected data-set is transformed into a realistic visualization of the facility, which includes a precise interactive simulation that shows potential vulnerabilities and low-points.

FLOAT was developed by Swiss Re Corporate Solutions’ Risk Engineering Services team, which used its industry expertise that covers several lines of insurance, including property.

“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,” says Philip Brandl, manager, Risk Engineering Services, EMEA at Swiss Re Corporate Solutions.