Predict your next investment

JBA Risk Management company logo
BUSINESS PRODUCTS & SERVICES
jbarisk.com

See what CB Insights has to offer

Founded Year

2011

About JBA Risk Management

JBA Risk Management, known as The Flood People, uses flood maps, catastrophe models, and analytics to assess risk for insurers, re-insurers, financial institutions, property companies, and governments.

JBA Risk Management Headquarter Location

One Broughton Park Old Lane North, Broughton, Skipton

North Yorkshire, England, BD23 3FD,

United Kingdom

+44 (0)1756 799 919

Latest JBA Risk Management News

Flood Modeler JBA Collaborates With South African Broker, Reinsurance Solutions

Sep 24, 2021

September 24, 2021 JBA Risk Management Ltd. announced its collaboration with Reinsurance Solutions Intermediary Services (RSIS), an African-based reinsurance broker that will use the JBA global flood modeling capability to provide flood risk analytics and catastrophe modeling services for its insurance clients across Africa. “The launch last year of our global flood modeling capability, driven by JBA’s FLY Technology, was a breakthrough opportunity that has allowed JBA and our clients to fill geographic gaps in traditional modeling,” commented Nikki Pilgrim, technical director at JBA. Nikki Pilgrim “Our collaboration with RSIS is just the latest example of how this modeling can be effectively applied in areas that may not have been previously covered,” Pilgrim noted. “Understanding the implications of flood risk is critical to facilitate risk management and mitigation measures, and to ultimately build resilience within the industry and our communities.” With offices in Mauritius, Ivory Coast, Kenya, South Africa, and London, RSIS offers a comprehensive set of risk analytics to its insurance clients. The inclusion of flood risk in the portfolio analysis is critical, especially for East African countries where flood risk is a key peril, the broker said. In 2020 alone, it is estimated that East African floods affected at least 700,000 people, causing more than 430 deaths predominantly in Kenya and Rwanda. The increased flood risk has also been noted in Southern Africa where approximately R650 million worth of property damage was recorded in the 2019 Easter floods in Durban. “Flood risk is a peril that is often overlooked in Africa but can be extremely costly when it is not taken into account,” said Thato Raboroko, RSIS’ head of Analytics. About JBA Risk Management Headquartered in Skipton, England, with offices in Asia Pacific, the U.S. and Europe, JBA Risk Management is part of the JBA Group, founded in 1995. JBA is a leading provider of flood risk science offering best-in-class flood maps, models, analytics and consultancy to the re/insurance and non-insurance sectors, including mortgage providers and property search companies, governments, the international banking community and non-governmental organizations. About Reinsurance Solutions Intermediary Services From its office in Woodmead, Johannesburg, Reinsurance Solutions Intermediary Services (Pty) Ltd. provides reinsurance solutions to a growing base of blue-chip insurance clients in Southern Africa and Lusophone countries, including Angola, Botswana, Cape Verde, eSwatini, Guinea-Bissau, Lesotho, Malawi, Mozambique, Namibia, Sao Tome & Principe, South Africa, Zambia and Zimbabwe. Reinsurance Solutions is a partially owned subsidiary of Mauritius-based Reinsurance Solutions Group, the independent African-owned reinsurance broking group that services Africa and the Indian Ocean Islands. Source: JBA Risk Management

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

JBA Risk Management Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

JBA Risk Management Rank

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.