AISIX Solutions Inc. Begins Development of Flood Risk Scores, Targeting Integration into Eli Report

What happened

AISIX Solutions Inc. said it has launched flood risk scores, a new hazard layer in its climate risk data suite. The company is making the scores available to OctoAI Technologies Corp. for integration into Eli Report, its automated real estate report for Canadian strata and condominium properties.

Confirmed

Global impact / market context

Adding flood as a fifth hazard gives homebuyers, real estate professionals, strata councils and insurers a broader view of building risk. Flood exposure matters for strata corporations planning reserve funds, maintenance and insurance, so better property-level scores could change how these groups budget and buy coverage.

Analyst inference

Eli Report already uses AISIX scores for wildfire, heat, precipitation and wind under a data licensing partnership. Extending that partnership to flood shows how climate data providers can grow revenue by adding hazard layers that flow into existing real estate reports rather than requiring customers to adopt new tools.

Analyst inference

What to watch

1. The flood scores are being designed to assess riverine, meaning river-related, and coastal flood hazard at the property level using a 1-10 scoring framework, the same approach as AISIX's existing climate risk data. Confirmed
2. Watch whether the flood scores are fully integrated into Eli Report, since the article says AISIX is making the scores available for integration but does not confirm the integration is finished or give a timeline. Proposed
3. Watch uptake from strata councils, insurers and real estate professionals. If they use flood scores in reserve fund and insurance decisions, demand for AISIX data layers could rise and support the licensing arrangement with OctoAI. Analyst inference

Evidence

• newsfilecorp.com