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Floodbase is an innovative platform that provides parametric flood insurance solutions, enabling coverage for previously uncovered flood risks. By leveraging advanced satellite flood tracking technology, Floodbase offers a comprehensive approach to flood resilience, allowing businesses and municipalities to access timely financial support in the wake of flooding events. The company differentiates itself through its unique data sources and partnerships with brokers and carriers, ensuring quick payouts and flexible insurance structures. With a mission to bridge the protection gap for vulnerable communities, Floodbase has gained traction by powering new insurance products and improving disaster response for various sectors, including agriculture and public infrastructure.