The Problem
Global flood models used by reinsurers (Swiss Re, Munich Re) fail at local scales in South Asia. Coarse resolution (10-50km) misses actual flood events, creating gaps between underwritten risk and reality. This leads to trigger failures and payout disputes in parametric insurance products.
Our Solution
Enviforecasting provides locally-calibrated flood forecasting that bridges global weather models with ground-truth data:
3-Layer Data Fusion
Satellite (JAXA GSMaP) + Numerical Weather + Ground IoT Sensors
Proprietary Bias Correction
Localizes global forecasts using 22+ years of calibration data
Real-Time Updates
30-minute forecast cycles, 4-day prediction horizon
Validated Technology
World Bank Metro Colombo Project
Flood control system with building-level damage prediction. Validated against 2017 flood event.
Model Selection Proof
Only 1 of 12 model configurations correctly predicted the 2017 Colombo flood. Our methodology identifies the right model.
FAO Batticaloa Project (Current)
Contract for flood early warning system. Pipeline: 22 additional basins in Sri Lanka.
Regional Damage Functions
Established damage curves for Sri Lanka, Thailand, and Vietnam. 10 building types across 3 categories.
Scientific Evidence & Studies
Our methodologies are backed by peer-reviewed research and validated studies:
Integrated Flood Management System (IFMS)
- IFMS CURW Brief - Overview of the integrated flood management system
Damage Assessment Research
- Flood Damage Paper - Comprehensive flood damage assessment methodology
- Flood Loss Estimation - Techniques for estimating flood-related losses
- Generalized Loss Functions - Loss function models for damage prediction
Rainfall Downscaling
- Dynamic Downscaling - Dynamic downscaling methodology for precipitation forecasts
- Climate Colombo Downscaling - Climate downscaling study for Colombo region
Leadership
Dr. Srikantha Herath
Founder & CEO
- PhD, University of Tokyo
- 11 years Associate Professor/Professor, the University of Tokyo
- 14 years Academic Director, United Nations University
- 40 years in Japan
- Led World Bank flood control project
- Collaborated with JAXA on satellite data
- Published researcher in flood forecasting
Partnership Opportunity
We seek technical pilot partnerships with Japanese insurers' Southeast Asia operations to:
- Test our localized flood data against existing underwriting models
- Validate trigger accuracy for parametric flood products in Sri Lanka / South Asia
- Explore data provision for policy design, monitoring, and trigger verification
Contact
Dr. Srikantha Herath (CEO)
Incorporated in Japan