Aviva Plc · LSE:AV.
Aviva — Norwich Union — Corporate Update (June 2004)
18 slides from Aviva's corporate update, June 2004
Slide 1: The Flood Mapping Project
The Flood Mapping Project
Slide 2: Bad News for Homeowners and Businesses
Bad News for Homeowners and Businesses • Approximately 10% of the population of England live within areas potentially at risk from flooding [DEFRA] • Property worth over £220 billion is located within these areas potentially at risk [DEFRA] • Around 5 million people, in 2 million properties, live in
Slide 3: Bad News for Insurers
Bad News for Insurers • Flooding is bad news for insurers • Norwich Union don’t want to turn business away by increasing premiums in potential flood risk areas or imposing excesses • Previously Norwich Union had to make decisions based primarily on postcodes • Whole streets of properties were penali
Slide 4: The Norwich Union Flood Map
The Norwich Union Flood Map • Two-year mapping project has now been completed - original data acquisition area 203,720km2 • Resulting in the largest and most accurate digital map in the UK specifically for insurance purposes • First privately financed national map of this type - multi million pound
Slide 5: Benefit to Homeowners and Businesses
Benefit to Homeowners and Businesses • Norwich Union will be able to use the information generated from the flood map to accurately evaluate flood risk for individual customers • More than 600,000 properties in flood risk areas will be able to obtain insurance from Norwich Union or lower premiums •
Slide 6: The Mapping Process
The Mapping Process • Data for the flood map was collected by an airborne radar system to produce a Digital Elevation Model showing the height of the ground above sea level • This data is combined with a software model which produces information on where floods will occur, how they can spread and ho
Slide 7: The Map
The Map •Data acquisition area 203,720km2 •Elevation Model postings every 5m •8 billion data points •Image resolution 1.25m ±1m •Total image pixels 130 billion ±0.5m •Approximately 320,000 km of rivers in the UK have been mapped © Intermap Technologies Inc
Slide 8: Intermap STAR-3i
Intermap STAR-3i Elevation Model Radar Images ©Intermap Technologies Inc
Slide 9: Diagramatic Explanations
Diagramatic Explanations The following slides will assist your understanding: • Slide 6 – Radar Image of Shrewsbury Castle area • Slide 7 – Height map around Shrewsbury Castle – shows height of land • Slide 8 – 1 in 100 year flood shown over height map (Shrewsbury) • Slide 9 – Selected houses shown
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Slide 16: The Launch
The Launch • Launch will focus on two areas: Shropshire and Norfolk • These areas have been chosen because they have both been hit by serious flooding in recent years • The areas are affected by different types of flooding: Shropshire has an ongoing flood risk and Norfolk because of the risk to prop
Slide 17: Moving forward
Moving forward • The flood risk model will be updated to incorporate new data regarding flood defences • Showing results of flood mapping project to MPs • The flood map will be extended to include coastal flooding risk in due course • Norwich Union will look at how mapping techniques can be used for
Slide 18: Any Further Questions?
Leh aie: as ign “2 oa SAny: Eurther,Questions?