Storm Bert triggers rapid parametric payout from FloodFlash

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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...

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