Storm Bert triggers rapid parametric payout from FloodFlash
Reinsurance News - Dec 02, 2024
With Storm Bert affecting counties across England and Wales, parametric flood insurance provider FloodFlash has revealed that it made a payout to a client in just over 10 hours after a trigger was activated. According to Ian Bartholomew, Chief Underwriting Officer at FloodFlash, the firm’s sen...
Recommended Articles
Posted: Apr 22, 2025
Industry giant Swiss Re has appointed Helvetia’s Bernhard Kaufmann to succeed Patrick Raaflaub...
Posted: Apr 22, 2025
The “gradual easing of the hard market” in 2024 led to an improvement for reinsurers, though less pr...
Posted: Apr 22, 2025
DUAL North America has announced it is strengthening its flood insurance leadership with the appoint...