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Insurers rally to hail their technologies as Avantia claims flood risk first

car-stranded-in-floodwater

The competition to get the upper hand in the use of sophisticated data to underwrite flood-prone properties has already started, as it seems increasingly unlikely the Statement of Principles will be renewed beyond June 2013.

This week, non-standard broker Avantia claimed that it was poised to shake up the property market in the same way telematics has done in the motor sector, by making the most informed decisions

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