On Wednesday the last awards event of the season took place. The Insurance Times Awards celebrate excellence and innovation across the general insurance industry with 24 categories of award on offer.
FloodFlash was up for awards in two categories:
FloodFlash won in both categories, picking up the gold award in the MGA Initiative of the Year category, and bronze for Excellence in Technology, Claims. Judges praised our use of parametric insurance that helps customers get faster pay-outs even in the face of disaster.
Huge congratulations to @FloodFlash_Ins, which has won #ITAwards MGA Initiative of the Year award! The judges said the firm had an “innovative use of parametric insurance”.
— Insurance Times (@InsuranceTimes_) December 9, 2020
Adam Rimmer, FloodFlash’s co-founder cited the innovative claims as an important factor in the win. He referenced COVID related pressure on businesses as a key driver for FloodFlash claims innovation: “the team has crushed it this year. We are setting the standard for claims that help clients survive this period of massive financial upheaval. This award is the evidence and I couldn’t be prouder.”
Here’s how the FloodFlash team reacted while watching from home…
We did it agian! And this time on the biggest (virtual) stage. Thanks to the @InsuranceTimes_ judges who recognised all our success.
— FloodFlash (@FloodFlash_Ins) December 9, 2020
Here is an artists impression of us seeing the results as we watched from home… pic.twitter.com/I757WCX8Su
Other Insurance Times Awards winners included double winners Bollington and Aviva, as well as FloodFlash partners Romero who picked up the Independent Broker of the Year for the second year in a row. Click here to see the other winners from the night [PAYWALL].
There’s one more chance to add to the cabinet this year courtesy of the IBSI Global FinTech Innovation Awards. Can FloodFlash make it lucky number 13 for 2020?
To find out more about more about our 12-time award-winning parametric flood insurance visit our homepage.
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