LONDON, 20 August 2012 – Aon Benfield, the global reinsurance intermediary and capital advisor of Aon plc (NYSE:AON), has expanded its Aon Benfield Research academic and industry research collaboration with Ambiental to enhance the firm’s flood model development capabilities.
Ambiental is working with Impact Forecasting – Aon Benfield’s catastrophe model development centre of excellence – to improve the mapping of flood extents using advanced hydrodynamic modeling capability. The Ambiental approach describes the real physical behaviour of flood phenomena with improved accuracy, thus enhancing probabilistic catastrophe models and construction of historical event footprints.