Floodbase to launch cutting-edge parametric flood insurance

As reported by Bloomberg, Floodbase has been awarded a grant through the U.S. Agency for International Development (USAID) as part of the President's Emergency Plan for Adaptation and Resilience (PREPARE) to launch parametric flood insurance programs in Mozambique and Malawi, with support from African Risk Capacity Limited (ARC Ltd.) and Global Parametrics.

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