Flood

Communication is the name of the game in the challenging coastal insurance market—and Kelley Carter, a communication and business major, has applied that wholeheartedly.

The product covers any economic losses resulting from fluvial, pluvial and coastal flooding, and offers rapid payouts triggered by pre‑set conditions.

If the storm track intersects the coverage radius in a policy, the insured gets a payout. No questions, adjustors or proof of loss.

Proactive conversations with clients about catastrophe risks can surface potential coverage gaps and open the door to more forward-looking planning.

Coral reefs, mangroves, salt marshes and seagrass meadows can significantly reduce flood losses in coastal areas, according to a Swiss Re Institute analysis of data.

As insurers increase their underwriting restrictions to limit storm exposures, risk mitigation is becoming more important than ever for commercial insureds.

The coverage features a data-driven trigger, which removes the need to prove a covered loss or damage.

Tees-to-Green flood insurance automatically triggers payments as soon as flooding inundates a golf course.

The product offers one of the broadest primary flood forms in the market for residential and commercial properties.

Flood BI can cover many aspects of business interruption, including non-damage business interruption and denial of access.