Floods affect more people than any other natural disasterglobally.
|With Hurricane Sandy poised to bring record storm surges acrossthe Northeast, the threat of coastal and inlandflooding may impact millions of people. Therefore,understanding flood behavior and insurance coverage implications ismore crucial than ever—for the public and risk and insuranceprofessionals alike.
|With this in mind, Swiss Re has released a flood app for the iPad. Built on the globalreinsurer's flood risk research, the app, which is downloadablefrom the iTunes store for free, incorporates the latest insightsinto risk models as well as hazard information for any locationworldwide (via the Swiss Re Global Flood Zones™ tool).
|In addition to providing a primer on how storm surges arecreated, the app explains how to manage and insure such risks whileunderscoring the necessity of disaster preparedness. Professionalsin the risk and insurance industries are obvious users. However,Swiss Re says the general public and students especially will findit a useful tool in familiarizing themselves with flood behavior,as it includes a host of interactive features to "givereaders a feel for the dimensions of flood disasters."
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