Objective Flood disasters are a continued global threat and the related costs, from mitigation through to economic losses, continue to climb. Overall losses due to the large European summer floods of 2013 reached almost 15 billion Euros. INUNDO provides accurate, current and historical flood spatial information for risk modelling to help (re-)insurance companies improve their existing risk assessment processes. INUNDO fills the geospatial information gap missing in today’s risk models and facilitates the impact assessment during and after large flood events. The objective of INUNDO is to create, validate, update, organise, license, and provide access to geospatial flood disaster information based on Earth Observations, meteorological data, and social media for the insurance industry to enhance their risk modelling and reduce their expenses. Our target market are (re-)insurance companies and related businesses developing and using natural hazard models. Such users are global players and could eventually help INUNDO expand to markets on other continents. INUNDO is expected to impact the flood disaster risk insurance market because selling more accurate geospatial flood disaster information to insurance companies will provide the necessary details to improve flood risk related insurance analysis. INUNDO sells business-to-business information to enhance risk models, to allow tailored premiums, and eventually to reduce losses for insurances as well as exposed citizens. INUNDO is a business opportunity for us and a great benefit for Europe. Fields of science natural sciencescomputer and information sciencesdatabasessocial sciencessociologygovernancecrisis managementflood risk managementnatural sciencesearth and related environmental sciencesphysical geographynatural disastersnatural sciencesearth and related environmental sciencesatmospheric sciencesclimatologyclimatic changes Programme(s) H2020-EU.2.1.6. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies – Space Main Programme H2020-EU.2.3.1. - Mainstreaming SME support, especially through a dedicated instrument Topic(s) SMEInst-04-2016-2017 - Engaging SMEs in space research and development Call for proposal H2020-SMEInst-2016-2017 See other projects for this call Sub call H2020-SMEINST-1-2016-2017 Funding Scheme SME-1 - SME instrument phase 1 Coordinator TERRANEA UG (HAFTUNGSBESCHRANKT) GMBH Net EU contribution € 50 000,00 Address BAHNHOFSTRASSE 120 82269 Geltendorf Germany See on map SME The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed. Yes Region Bayern Oberbayern Landsberg am Lech Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Website Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Total cost € 71 429,00 Participants (2) Sort alphabetically Sort by Net EU contribution Expand all Collapse all EOXPLORE UG (HAFTUNGSBESCHRANKT) GMBH Germany Net EU contribution € 0,00 Address GAUGRAFENSTRASSE 8 82041 Oberhaching See on map SME The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed. Yes Region Bayern Oberbayern München, Landkreis Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Website Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Total cost No data KOZYRA REGINA MARIA Poland Net EU contribution € 0,00 Address See on map Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Total cost No data
