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# Fremtind and 7Analytics deepen multi-year flood risk data partnership
- URL: https://www.ai-360.online/fremtind-7analytics-multi-year-flood-risk-partnership/
- Published: 2024-09-11T12:00:00.000Z
- Updated: 2026-10-26T17:02:27.000Z
- Description: Fremtind, a leading Norwegian P&C insurer, extended a multi-year flood risk data partnership with 7Analytics for underwriting, pricing and prevention.
- Author: AI-360
- Tags: BFSI, News, #company-7analytics, Partnership, #industry-banking-finance

Fremtind, a leading Norwegian property and casualty insurer, and [7Analytics](https://7analytics.ai/?ref=ai-360.online) agreed a multi-year cooperation on flood risk data for underwriting, product pricing and client prevention advice, 7Analytics [said on 11 September 2024](https://7analytics.ai/insurance-partnership-to-tackle-accelerating-flood-claims/?ref=ai-360.online).

The company framed the deal against flood claims that have tripled in Norway over the past decade despite the country's climate-resilience ranking. Near-universal Norwegian flood insurance coverage and a long claims history are cited as advantages for merging actuarial and geospatial data. The agreement extends a prior data partnership "far into the future," in the company's wording.

Pål Sætershagen, head of property insurance at Fremtind, said: "With an increasing number of extreme precipitation events and other harmful weather incidents, it makes a fundamental difference to us to understand and price our offering more accurately and – not the least – suggest preventive measures to our clients. The collaboration with 7Analytics makes us market leading on physical climate risk." Claims-trend figures are company framing and have not been independently verified by AI-360.

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