FloodFlash announce US expansion

FloodFlash expands to support additional US states [NEW YORK, January 16, 2024] FloodFlash, the first insurance technology company to offer sensor-enabled parametric flood insurance, has today announced its expansion to a further 10 US states. Delaware, Iowa, Missouri, New Jersey, New York, Oregon, South Carolina, Washington, Vermont and Massachusetts now have unrestricted access to the […]

FloodFlash announce partnership with Hiscox

Capacity deal to accelerate US growth ambitions [LONDON, August 2023] FloodFlash, the first insurance technology company to offer sensor-enabled parametric flood insurance, has today announced a new partnership with Hiscox. Hiscox is already an active participant in the US flood insurance market, and as a capacity provider for FloodFlash will support the market appetite for parametric […]

The three trends driving the growth of parametric insurance in 2023

As FloodFlash CEO, my focus gravitates towards certain news items as they float across my personal ticker. So far this year I’ve been drawn to lockdown announcements and how they impact the brokers that we work with across the UK, and then to the Met Office as the weather forecasts showed the first low-pressure rumblings […]

FloodFlash join Vitesse and Yokahu in Fintech for Good collaboration

Last week we attended the premiere for a special film announcing Fintech Circle’s new Fintech for Good programme. Fintech for Good is designed to champion examples of fast growth fintech businesses making a positive impact on the world. The film, which features ITN Business presenter Duncan Golestani and Fintech Circle CEO, Susanne Chishti, premiered at London’s Excel […]

FloodFlash break claims record, paying client in full under 4 hours after flooding

The following is the press release announcement for the latest FloodFlash claims record. For more information contact chris@floodflash or call 0203 608 6620. Award-winning parametric insurer beats previous record of 6 hours set in February this year [London, Nov 2022] Parametric insurance provider FloodFlash, the world’s first mass market parametric insurer, today revealed that they […]

FloodFlash launch the Autumn Digest as part of first ever Autumn campaign

FloodFlash aim to raise awareness of flood issues and product advances This September, FloodFlash are launching the first ever FloodFlash autumn campaign. The campaign is designed to provide a detailed update to FloodFlash brokers and clients as cold, wet nights close in. Over six weeks the FloodFlash team will share insights on topics like FloodFlash […]

FloodFlash raises $15m Series A with sights set on US expansion

The following is the press release announcement for the FloodFlash Series A fundraise. For more information contact chris@floodflash or call 0203 608 6620. FloodFlash raises $15m Series A led by Buoyant Ventures and featuring Munich Re Ventures FloodFlash Series A to capitalize international growth as company targets $58bn flood underinsurance problem [FEB 10, 2022] FloodFlash, […]

FloodFlash and Munich Re announce new parametric partnership

Deal set to fuel UK and international growth for parametric insurtech [LONDON, NOV 2021] FloodFlash, the first insurtech startup to offer parametric flood insurance to the mass market, announced a landmark agreement with Munich Re today. The relationship between FloodFlash and Munich Re began with Munich Re providing capacity for larger and more complex risks. […]

Storm Christoph | FloodFlash sets new claims record amid widespread flooding

FloodFlash has beaten their previous record for fastest catastrophe claim after paying claims in 9 hours and 44 minutes after flooding caused by Storm Christoph. The previous record for their fastest catastrophe claim was just over 26 hours set during Storm Ciara 11 months ago. Storm Christoph is the latest event to bring widespread flooding […]

FloodFlash Storm Ciara and Storm Dennis claims payment breaks speed records

The fastest flood claims ever paid? FloodFlash is based upon three key ideas. We make commercial flood insurance fast, easy and flexible. We’ve already proved two of the three ideas. Our quotes are flexible – allowing brokers and their clients to choose trigger depths, payouts and premiums that suit them. The process is easy, with […]