Flood Risk Solutions

11/25/2021

Thank you for your business. We are thinking of you during this season and hope you have a wonderful Thanksgiving. With appreciation for your business and your loyalty throughout the year. Best wishes for a happy Thanksgiving!

10/02/2018

Why flood and why now?

The market for flood is a hot topic across the United States, for a variety of reasons, and will likely get even hotter as time progresses. One such topic is what agents do with their clients moving forward? Agents are torn between sticking with their familiar NFIP programs that have been in existence and provided a backstop for their customers over the past 30 years, or look to the private market that has seen significant signs of development over the past few years.

Given the progression of flood modeling, big data, and technology improvements, there has been an uptick across the board from both admitted and non-admitted players in critical flood zones. As carriers are able to understand their PMLs and aggregation on a more granular level, this has helped produce actuarially sound rates and reinsurance capacity.

In coastal geographies such as Florida, there are a few carriers willing to write the coverage on their own paper on an admitted basis or partner with a London based solution and offer the coverage as an add-on to their existing multi-peril offering. The mono-line segment continues to grow as well, mainly through London syndicates and domestic E&S players.

The market for flood is a hot topic across the United States, for a variety of reasons, and will likely get even hotter as time progresses. One such topic is what agents do with their clients moving forward? Agents are torn between sticking with their familiar NFIP programs that have been in existen...

09/13/2018

Please take precautions if you are in the area.
LIFE-THREATENING STORM SURGE AND RAINFALL EXPECTED!!

Officials in the potential path of a still fierce Hurricane Florence had a stern, clear message for people still in coastal towns under evacuation orders.

08/24/2018

More flood options than any other wholesaler!

ONLINE PORTALS – QUOTE IT YOURSELF (not all risks are eligible online)
AM Best A Paper including Coastal Geographies
$25M Primary Limit (Commercial and Residential) + Excess Available
TIV’s of up to $5B considered
Business Income Coverage Available as well as Content Coverage
Ability to write in critical flood zones
Replacement Cost Endorsement
Coverage equal or greater to the baseline NFIP policy

The market for flood is a hot topic across the United States, for a variety of reasons, and will likely get even hotter as time progresses. One such topic is what agents do with their clients moving forward? Agents are torn between sticking with their familiar NFIP programs that have been in existen...

05/17/2018

Flood Risk Solutions provides state of the art flood placements for your complex commercial and residential risks across the United States. Partnering with retail brokerages, we offer a full suite of flood products on a primary and excess basis, including private flood in catastrophe prone geographi...

04/26/2018

Flood Risk Solutions Team exhibited at NYC Real Estate Expo organized by NYC Network Group, featuring over 2000 attendees and numerous exhibitors.
The event was held at NYC Hilton Midtown Hotel - April 18, 2018

03/06/2018

01/23/2018

Flood Risk Solutions is accepting applications for appointment from licensed insurance brokers and agents in all 50 states. Please email [email protected] with title “Agent Application Request” and we will provide you our application.

01/22/2018

More flood options than any other wholesaler.

Flood Risk Solutions, is a wholesale distribution partner that specializes in developing unique primary and excess flood solutions for your complex risks