Swiss Re Highlights the Role of Multi-Source Data in Parametric Flood Insurance
Swiss Re Highlights the Role of Multi-Source Data in Parametric Flood Insurance
A Swiss Re publication dated 24 March 2026 examines how combining sensors, satellite imagery and flood models could improve the reliability of parametric flood insurance.
Written by Aaron Michel and Gerry Lemcke, the publication explores how different technologies can work together to measure flooding and support payment triggers.
Parametric flood insurance pays when predefined, measurable conditions are met. Its effectiveness therefore depends on how closely those conditions reflect the flooding experienced on the ground.
Swiss Re highlights flood sensors, satellite imagery, remote sensing and high-resolution flood models as valuable sources of information. However, relying on a single source can introduce weaknesses, while some technologies may prove too costly to deploy widely.
Combining data sources could help reduce basis risk—the mismatch between actual losses and the payment triggered by a policy. The publication identifies reliability, accuracy and cost as central considerations when designing solutions for larger areas.
The findings point towards a coordinated approach, with complementary data sources supporting more dependable flood measurements and greater confidence in payment triggers.
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HHuseyin Gunaydinlargil Translated from Turkish · Google review
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AAlara Ercag Translated from Turkish · Google review
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My experience with Can Sigorta was extremely positive. Everything was handled quickly and smoothly, and communication was never a problem. Whenever I called or sent a message they got back to me right away and answered every question patiently and clearly. A reliable, professional company that puts customer satisfaction first. I recommend them with complete confidence.
MMustafa Çelebi Translated from Turkish · Google review
★★★★★
Can Sigorta always provide excellent service from start to finish. The team is professional, approachable, and clear in their communication. They’ve made the whole process simple and stress-free, and I completely trust them with my car and home insurance.
AAbby Google
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Working with Can Sigorta was a truly reassuring experience. I was kept informed quickly, openly and clearly throughout the whole process. They patiently answered all my questions about my policy and offered me the options that suited me best. Thanks to their professional approach and customer-focused service, I always felt safe. I would definitely recommend them to anyone looking for a reliable insurance partner.
CCeren Erçağ Translated from Turkish · Google review
★★★★★
The best insurance of North Cyprus. Just collected new policies issued. Thank you for the perfect service provided.
ŞŞahap Tokatlı Google
★★★★★
Can Sigorta… with the service they give you after an accident, they are a reliable insurance company that resolves your claim files as quickly as possible and follows your claim from the repair stage until it is fully settled.
TThalia Translated from Turkish · Google review
★★★★★
Excellent price and ease of policy renewal. The customer service was great, fast and very helpful. The price was very competitive, and when I filed a claim it was handled smoothly and quickly; the overall experience was hassle-free. I highly recommend them for their efficiency and clear communication.
SSinem Sancaklar Google
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For 6 years I have entrusted my house in Kyrenia to dear Mr Kerem and his company, and since I can’t go there very often, I leave it without a second thought. Thanks to Mr Kerem Can — always reachable, hard-working and always smiling — I am in the right hands. With my thanks to Can Sigorta.
BBurcu Orge Translated from Turkish · Google review
★★★★★
Absolutely the best in the TRNC. Highly recommended! Thank you for the great job.
MManiek C Google
★★★★★
Insurance is one of the indispensable and most important instruments in our lives. That is why the quality, reliability, claims-paying ability and close customer relationships of the insurance companies we choose are so important. With all this in mind, I consider it a great privilege to be a customer of CAN Sigorta, with its 60 years of experience. Many thanks to CAN Sigorta for always making us feel they are by our side.
HHuseyin Gunaydinlargil Translated from Turkish · Google review
★★★★★
I had an excellent experience with Can Sigorta. The team was extremely professional, responsive, and truly cared about my needs. They explained every step of the process in a clear and simple way, which gave me peace of mind. The claim process was fast and smooth, and I felt fully supported throughout. It’s rare to find a company that combines reliability, transparency, and genuine customer care all in one place. Highly recommended for anyone looking for trustworthy insurance services. Thank you Mr Kerem Can for your help!
TTalat Ilgar Google
★★★★★
Fast and reliable service — I recommend them with confidence.
AAlara Ercag Translated from Turkish · Google review
★★★★★
I’ve insured with these guys for 3 years now. Always prompt service and good advice.
PPerri Ahmet Google
★★★★★
Professional service with personal care – Kerem knows his business and his customers and Can Sigorta shows that with their customer care. I have been a long-time customer and plan to continue.
DDirenç Doğruöz Google
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Very knowledgeable staff, they will advise you on insurance matters that you need.
