7Analytics

📢 We're hiring an 𝗔𝗰𝗰𝗼𝘂𝗻𝘁 𝗘𝘅𝗲𝗰𝘂𝘁𝗶𝘃𝗲 to grow our presence in North America! 🌎 At 7Analytics, we help insurers and asset owners tackle both acute and chronic flood risk with innovative solutions. As our Account Executive, you’ll lead sales initiatives, close business, and work closely with company leadership to establish our products in the North American market. 🎯 Know someone perfect for this role? Tip them about this opportunity! 🤝 Join our team, where commercial and technical expertise come together to drive meaningful impact. 👉 Apply now: https://lnkd.in/dr5J-SJj or get in touch at [email protected]

🌍 Did you know that 2024’s storm season broke records, fueled by climate change? With $133 billion in losses, catastrophic floods, and rapidly intensifying storms, the stakes are higher than ever. The solution? Smart use of climate and flood data to build resilience. Let’s turn today’s challenges into tomorrow’s opportunities. 💡 #ClimateAction #FloodData #Resilience #Innovation Source: Munich Re

🌍💧It was a pleasure speaking about 7Analytics’ flood prediction tools at the Twin summits: The 9th India Water Impact Summit and 2nd Climate Investments and Technology Impact Summit. I took home a multitude of insights about the Indian flood landscape. As coincidence would have it, I directly experienced the effects of the increasingly severe cyclone season with cyclone Fengal hitting Chennai and Pondicherry just last week, claiming lives and causing severe damages across the state of Tamil Nadu. In some areas, Fengal triggered more than 50cm (!) of rainfall in 24 hours. 50 cm would imply 5 meters of snow ❄️. That would never happen anywhere on earth, but that is how it visualise it. Both urbanisation and more frequent intense rainfall make urban flooding one of the fastest growing physical climate risks. Our talk focused on the different components needed to build an ecosystem that empowers data-driven measures to build resilience in a changing climate: ✅ High-resolution data to pinpoint risks with precision, ✅ Investors committed to advancing water sector technologies, and ✅ Government support to create the right incentives for businesses to adopt resilience measures. Thanks for everyone’s questions and contributions. I look forward to visiting India soon again! Sanmit Ahuja Bharatia Renkube Bangolae Lakshmikanth Balaji Tony Davies Bio2Pure SPACE-SI - Slovenian Centre of Excellence for Space Sciences and Technologies Peter Knoope Aditya Sharma Indrajit Dube sourav daspatnaik Samir Shah Manoj Balwant #ClimateAction #FloodRisk #WaterImpactSummit #TechnologyForResilience

We’re thrilled to be featured in the latest #Adaptation10 release by Climate Proof, alongside innovators like Aggéres, Hydro International, AquaFence and others working to build resilience against climate change impacts. 🌍 Flooding remains one of the most pressing physical climate risks, and we are committed to leveraging cutting-edge flood forecasting and risk management solutions to empower communities and businesses. 🌊 What are your thoughts on integrating tech into climate adaptation strategies? And what is needed at the global versus local level to limit human and material losses? Last month, we had the opportunity to join the conversation at The Shift - 1st Corporate Climate Adaptation Conference (Nov 6th) in Berlin, where we explored how technology can play a pivotal role in building climate resilience. The event was an inspiring hub of ideas, collaboration, and shared urgency to tackle these challenges head-on. Thank you to everyone who contributed their insights! And a big thank you to Climate Proof, Louie Woodall, and DSR & Partners - The Climate Adaptation Advisors for highlighting our work in this report. - Link in comments #ClimateAdaptation #FloodTech #Resilience #Sustainability #Innovation

📰 Our colleague, Dr. Björn Nyberg contributed to a new groundbreaking study published in Nature Scientific Reports, which highlights alarming projections of sea-level rise in the Gulf of Guinea, one of the world's most vulnerable regions to sea level rise. 🌊 Using historical sea surface height data (1993–2015) and detailed topographic analysis, the researchers assessed the region's exposure to rising seas. By the end of the century, as much as 4,331 square kilometers of coastal land could be permanently inundated, displacing up to two million people at risk under high-emission scenarios.   🗨️ Dr. Nyberg, a key researcher on the project and senior geospatial analyst at 7Analytics, states: “rising sea levels combined with changing sea states, a unique coastal morphology and densely populated coastal communities, make it a particularly vulnerable region to coastal flooding. The predicted coastal retreat in the following decades will also lead to further coastal flood damage from extreme sea level events that are expected to increase in frequency and intensity”.   🎯 The study underscores the urgent need for targeted adaptation strategies and robust early warning systems, aligned with the United Nations Sustainable Development Goals (SDGs).

⛈️ While weather forecasting has been enhanced with AI, the adage “forewarned is forearmed” doesn’t always hold true. There are still significant gaps in knowledge on how to effectively use this information and secure necessary investments.   🗞️ In a recent Reuters article, 7Analytics CCO Jonas Aas Torland highlighted the importance of taking high-precision weather forecasts and turn them into accurate flood predictions. He emphasized the need for increased investment in AI solutions and greater preparedness in Europe. Full article here: https://lnkd.in/dejuzQkt

🤝 We’re thrilled to welcome Frende Forsikring as a partner on our journey to deliver the most accurate and comprehensive flood risk data. This means that 250,000 policyholders now have flood protection underpinned by 7Analytics' advanced risk data. 🗨️ "We have an extensive responsibility to act on climate change and help our clients protect themselves and their loved ones", says Marius Fredheim, Frende CFO, and adds: "For the first time, we can price flood risk accurately and identify high risk objects. This allows us to take efficient action before the damage happens." ⛈️ 2023 was a unique year where a series of large claims and weather related events caused Frende's loss ratio to jump a staggering 25 percentage points compared to the year before. 🎯 Since then, the insurer has sought to further improve the climate resilience of their business. And that process has let to a partnership with 7Analytics. Bjarne Bakke Marius Solberg Anfinsen

🌟 Thrilled to be part of this week's Plug and Play Silicon Valley November Summit in Sunnyvale, California! 🚀 Don’t miss our pitch on the main stage today at 1:30 PM alongside our fellow cohort start-ups Qumis, Testudo, Excarta, Faura, Fair, Ace AI, Glean, Replicant Emerge, Resistant AI, weav.ai | Enterprise AI Copilots, Graphio.ai, datavent.io, Beanstalk Benefits, t+1, Genomate Health, Xcela, Manifest and Smirk Health —it’s an incredible opportunity to witness innovation in action! Let’s connect and talk about how 7Analytics is shaping the future of flood risk prediction. 💡 Visit 7analytics.ai to learn more, or feel free to reach out to me directly here on LinkedIn. Looking forward to an inspiring day of ideas, collaboration, and growth! Andres Diaz Martinez Brenda Flores-Reyes Charlie Crawley

Interview with CEO Helge Jørgensen in PropertyCasualty360: Shifting weather patterns challenge future flood prediction 🌊 💡 Helge's key message is centered on innovating flood risk understanding to improve future predictions. Why is this important? ❗ In 2024, the US has witnessed catastrophic flood events like Helene and the June Midwest floods, striking inland areas historically spared from such disasters and regions where residential flood insurance coverage is typically less than 3%. Read more here: https://lnkd.in/dTtEbhbu

Climate Tech can lead the pathway to more resilient cities and communities.