Why FloodFlash chose the smart sensor

Anyone who knows anything about FloodFlash will know that our smart sensor is the key to our rapid claims and affordable premiums. But why did we choose the sensor over satellites or gauges to fuel our award-winning parametric insurance? Parametric triggers First, let’s take a step back. Parametric insurance pays out when a specific event […]

2024 parametric predictions from FloodFlash experts

The start of any year typically brings expert predictions around the trends and topics that might dominate the year. The 2024 industry predictions are wide-ranging, from the role AI will continue to play in insurance, to customer-centricity and climate change. We asked a few of our FloodFlash experts their predictions for the year. Keep reading to […]

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 […]

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 […]

Parametric insurance: everything you need to know

Most of us are familiar with how traditional insurance works: you buy a policy from your insurer, who agrees to reimburse you for the cost of any damages if something bad happens. FloodFlash is slightly different, using a type of insurance called parametric insurance. In this article, we’ll explain what parametric insurance is, how it […]

Restaurant insurance: five reasons to choose FloodFlash

Buy insurance for a restaurant business? Here’s why FloodFlash should be on the menu Restaurant insurance reflects the business it protects. It can be tough to get to grips with at times, but the payoff of getting it right can be huge. Restaurants and hospitality businesses contribute a significant amount to the local and national […]

Hannover Re FloodFlash featurette

Last year our friends at Hannover Re paid team FloodFlash a visit to produce a mini-documentary on our unique form of parametric insurance. A lot has changed since then. We have smashed records in GWP and claim payment times. Brokers can now get bespoke support on every risk thanks to our new smart quote feature. […]

FloodFlash quiz: test yourself on UK flood risks

Think yourself an expert when it comes to UK flood risks? Know all about FloodFlash and where you can place the sensor? Put your knowledge to the test with the FloodFlash quiz. In a few minutes, you’ll be asked 15 questions with a maximum possible score of 30. Will there be any gaps in your […]

Five statistics brokers should know about commercial flood risk in Britain

Earlier this year, we released our industry leading 2022 Commercial Risk Report, which raises awareness of the flood risk facing commercial properties in Britain. This blog contains the report’s headline insights. Each insight is a key tool to help clients understand their flood-related risks.   Fact 1 – 40% of small businesses close for good […]

FloodFlash announce presence at 2022 Airmic conference

The Airmic conference starts on the Monday the 6th of June, ending on Wednesday the 8th. For more information about FloodFlash at the 2022 Airmic conference contact chris@floodflash or call 0203 608 6620. FloodFlash to exhibit at 2022 Airmic conference to grow their presence amongst the risk manager community [MAY 25, 2022] FloodFlash, the parametric […]