Norwegian startup trains AI to predict natural disasters
Briefly

7Analytics AI predicts natural disasters with meter-scale accuracy, showing water flow paths, issuing alerts 72hrs in advance for risk mitigation, and enables targeted risk assessment for buildings and roads.
InzureCloud by 7Analytics aids insurers in assessing flood risks for homes, adjusting premiums accordingly, which could benefit homeowners; providing insurers with detailed property-specific risk data.
Insurers lack risk information, leading to withdrawal from high-risk areas, leaving residents financially vulnerable; 7Analytics offers in-depth risk assessment, countering insurers' retreat from flood-prone regions.
Insurers seek higher quality risk data due to increased extreme weather events like the 2021 European floods, emphasizing the urgency for precise risk assessment tools in the face of escalating natural disasters.
Read at TNW | Deep-Tech
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