Business

Arming an organization is leaders with the best knowledge and data available to understand current, mid-range, and long-term impacts from increasing of flooding types and flood intensities is the first step toward smart risk management, business continuity planning and capital decision making.  

Identifying and defining the vulnerability of physical and economic assets to flooding equips an organization with the critical information needed to prioritize, budget for and execute adaptation plans that lower their risks to impacts from tidal, sea level rise, hurricane and storm flooding, heavy rainfall and groundwater inundation.

Coastal Risk's analysis and mapping of a property's vulnerability to various forms of flooding is becoming an essential business tool. Coastal Risk’s multi-year flood analyses, (FIRST Score® and Coastal Risk Rapid Assessment™) can contribute significantly to the planning and decision-making processes involved in mergers and acquisitions, divestitures, development, operations, capital improvements, sourcing, transportation, safety, and sustainability across all sectors and industries. 

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Click here for sample FIRST Score®

Click here for sample Coastal Risk Rapid Assessment™


Who Can Benefit from Coastal Risk’s services?

Coastal Risk’s products and services enable real estate brokers, insurance companies, banks, and mortgage providers, servicers and investors to more completely evaluate the economic risks of their real estate transactions and portfolios.

For real estate brokers, knowing a property’s risk of flooding is of crucial importance in serving clients and meeting licensure requirements regarding full disclosure of property conditions.

Mortgage lenders and insurance companies can similarly benefit by accessing a fuller accounting of a property’s flood vulnerability – including non-storm related flooding, and ground water inundation.  

Financial institutions that package mortgage-backed securities and those that own portfolios containing real estate assets are wisely moving toward incorporating analyses of changing flood patterns and intensities into their strategic investment decisions. 

Telecoms and Utilities with assets in tidal areas use Coastal Risk vulnerability studies to make better equipment siting and installation decisions, as well as prioritize adaptation solutions and plans for their most critical assets.  The benefits range from reduced outages and improved reputation to avoided maintenance, equipment replacement, and emergency retrofitting costs. 

 

Coastal Risk assists corporate clients in evaluating and strategizing coastal risks in the US and worldwide. This includes climate vulnerabilities related to:

  1. Continued availability and quality of natural resources 
  2. Current or potential locations or siting of facilities 
  3. Availability of alternative energy and water supplies 
  4. Adaptation pathways 
  5. Community impacts 
  6. Logistics, shipping and supply chain impacts
  7. Preparing for future standards and regulatory changes

 

The cost/benefit of an adaptation strategy is specific to an industry, company, and property and may require multi-stakeholder involvement. Coastal Risk’s management and science professionals are experienced in working with governments at the local, municipal, state and federal levels along with our clients, and can serve as a bridge to bring together diverse stakeholders and link public and private sector interests. 

 

 

For futher information or to schedule a consultation, please contact:

Rajiv Krishnan

844-SEA-RISE (732-7473)

rajiv.krishnan@coastalriskconsulting.com

Events

CRC Shares Insights on Sea Level Rise and Coastal Flooding at Leading Conferences

  • Adaptation Canada, April 2016
  • Environmental Seminar and Earth Day UpdateUniversity of Pennsylvania, May 2016
  • PROVIA Adaptation Futures, Netherlands, May 2016 
  • Sea Level Rise & South FL Real Estate, Fort Lauderdale, FL May 2016  
  • Wharton Business Radio Show, Preparing for Rising Sea Levels, May 2016

Client Testimonials

See What Clients Say About the Value of CRC’s Products

"Grey Door Luxury Homes is a designer and builder of high end residential homes in South Florida. A number of our properties are built on the Inter-Coastal and, it is imperative that we design our homes using accurate flood prediction models. Coastal Risk team, its models and succinct, but comprehensive, reports provided everything we need. We see this as a valuable and differentiating part of our business model and one that gives our clients added confidence when buying one of our homes on South Florida waterways."

Stanley Young
President
Grey Door Luxury Homes

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