@floodflash.co
FloodFlash sensor-based parametric insurance is perfect for high-hazard, hard-to-place flood risks.
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About
Description
FloodFlash is a brand that offers rapid-payout flood insurance for commercial properties. They provide a faster, smarter, and more transparent alternative to traditional commercial flood insurance. With FloodFlash, landlords and businesses can control their costs and recovery in the event of a flood.
Their parametric insurance approach, powered by technology and smart sensors, eliminates the uncertainty, time, and cost associated with traditional insurance. Each FloodFlash policy includes a smart sensor that measures flood depth at your property, triggering a claim as soon as a flood occurs. The sensor is equipped with high-accuracy, ultrasonic depth measurement technology and has mobile connectivity to send real-time flood data to FloodFlash HQ.
It is built to last, tamper-proof, and tested under storm conditions to ensure reliability and security. FloodFlash aims to pay the majority of claims within 48 hours, with some claims processed as quickly as 9 hours and 44 minutes. They offer flexible coverage options, allowing businesses to choose their premium and spend the payout as they see fit.
FloodFlash is authorized and regulated by the Financial Conduct Authority and underwritten by Munich Re Innovation Syndicate. Discover the future of commercial flood insurance with FloodFlash
Company Type
Privately Held
Company Size
11-50
Year Founded
2017
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