Integrated Hydrologic Simulations for Insurance Agencies

Aquanty operates simulation technology and real-time and on-demand hydrologic forecasting platforms to equip insurance agencies with a more robust understanding of water-related risks, enabling them to make better-informed decisions, manage risks effectively and offer more tailored insurance products to customers.

From large-scale hydrologic analyses in support of national/provincial/watershed level flood and drought risk analysis, to localized real-time hydrologic forecasts to bolster flood warning capacity, Aquanty’s simulation technology represents a valuable tool for the insurance/reinsurance industries to reduce exposure and losses to hydrologic catastrophes. Aquanty can provide valuable insights on sustainable water resources, drought and flood risk, and impacts of climate change to a particular area of interest.

Benefits

  • Comprehensive Risk Assessment

  • Accurate predictions of water-related risks

  • Develop adaptation and resilience strategies

  • Achieve Regulatory Compliance

  • Reduce Uncertainty

  • Educate clients about potential risks

Glacier with icebergs floating in the water, mountainous landscape with snow and ice, overcast sky.

Gain insights into long-term trends and potential changes in hydrological patterns due to factors such as climate change for improved decision-making. Make informed decisions regarding policy, coverage limits, and premium adjustments to adapt to evolving risks.

Agricultural field with rows of plants growing in flooded soil under a cloudy sky.

Offer more accurate predictions of water related risks, by integrating hydrologic simulations with real-time weather forecasts. This information can be used to evaluate the likelihood and severity of potential losses, enabling better risk management and pricing of insurance policies.

Aerial view of a rural landscape with fields, trees, and roads, overlaid with transparent digital graphics and percentage labels indicating data analysis or technology metrics.
Trees in a flooded landscape during sunset with reflections in the water.

Through state-of-the-art models, identify vulnerable areas and develop adaptation and resilience strategies. This might include encouraging policyholders to adopt specific mitigation measures or investing in infrastructure improvements to minimize risks and potential losses.

Achieve regulatory compliance. In some regions, regulators may require insurers to consider comprehensive risk assessment methodologies. Comply with these regulations by demonstrating a thorough analysis of potential water-related risks.

Aerial view of an industrial oil refinery with multiple large storage tanks, pipelines, and processing units near a water body.

Educate clients about potential risks using data-driven insights from HGS generated models and forecast predictions. This engagement not only helps customers understand their risks better but also encourages them to take proactive measures to mitigate these risks, reducing the likelihood and magnitude of claims.

Flooded farmland with leafless trees, a fence, and cloudy sky reflected in water.

By incorporating a wide range of data into a variety of modelling technologies and utilizing forecasting capabilities, you can reduce uncertainty related to flood and drought risks. Provide more reliable risk assessments and enhance the ability to manage financial exposure.

Special Projects

Aquanty operates simulation technology and real-time and on-demand hydrologic forecasting platforms to equip insurance agencies with a more robust understanding of water-related risks enabling them to make better-informed decisions, manage risks effectively and offer more tailored insurance products to customers. Gain insights on sustainable water resources, drought and flood risk, and impacts of climate change on a particular area of interest.

Satellite image of a city with a winding river and a large All-American football stadium or arena.

Simulating flood risk with high-resolution hydrologic models:

Recreation of 2013 Southern Alberta flooding. Simulation results depict a flood pulse derived from basin scale hydrologic simulations being routed across a local scale model of the City of Medicine Hat. LiDAR topography was used for the Medicine Hat model, and results show excellent agreement between simulated and observed high water marks.

How a High-Tech Water Model is Future-Proofing Manitoba’s Farms, Soils and Grasslands.

Aquanty’s real-time hydrologic forecasting platform, developed with the Manitoba Forage and Grassland Association, supports farmers across the Assiniboine River Basin with timely water management insights. By improving planning around drought and moisture conditions, the system strengthens agricultural resilience. For the crop reinsurance industry, it offers valuable data to enhance risk assessment and support more accurate, proactive decision-making.

Learn More.

The science of seeing into the future: Canada’s groundwater, in Simply Science by Natural Resources Canada:

With scientists predicting major water shortages in less than 10 years, we need to make smart choices today about how to use and protect our water resources. The Canada1Water project aims to help. Co-led by Natural Resources Canada’s Groundwater Geoscience Program and Aquanty Inc., it will give Canadians powerful new tools to understand the country’s water future.

Learn More.

Let our experts guide you through our cutting-edge technology and demonstrate how our services can address your specific needs.

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