JBA Risk collaborates with Nasdaq for global flood model

JBA Risk Management, a provider of flood modelling services, is looking to launch its probabilistic global flood model on Nasdaq Risk Modelling Service.

The company has collaborated with Nasdaq, the technology provider to capital markets, to enable re/insurers to manage flood risk more effectively.

JBA’s Global Flood Model, launched in 2019, aims to fill gaps left by currently available catastrophe models, offer an alternative to existing models and enable consistent comparison of loss across country and continental borders.

“JBA has always been committed to making leading science usable and the Nasdaq Risk Modelling service is key to this. Nasdaq Risk Modelling is best in class for making data accessible, workable and user-friendly, and we’re delighted to add the Global Flood Model to our existing suite of models available via the service,” said Jane Toothill, director at JBA Risk Management.

Matthew Jones, head of catastrophe risk product, Nasdaq, commented: “JBA has broken new ground with its Global Flood Model, and we look forward to our continued collaboration to enable our clients to analyse and manage flood risk across the globe in an easily accessible format.”