A university spin-out which develops flood prediction technology for clients around the world is rolling out more of its products.
Previsico was set up in 2019 and launched its flood alert system in July 2021, twice enabling flood wardens in Whalley, Lancashire – which was devastated by flooding in 2015 and 2020 – to take action during heavy rainfall.
From its base on the Loughborough University Science and Enterprise Park in central England the business has recently struck a deal with UK insurer Liberty Specialty Markets to provide it with real-time flood warnings for its clients. The deal involved Previsico’s “IoT” – Internet of Things – based flood alert system with sensors placed in watercourses close to insured properties.
