Floodbase

Parametric risk transfer that relies solely on excess rainfall triggers leaves policyholders exposed. Floodbase closes that gap. Excess rainfall is one of the most common triggers in parametric insurance, but peer-reviewed research shows it explains under 35% of actual flood property damage. Don't just take our word for it; three peer-reviewed studies make the case, as analysed in this recent article by Beth Tellman, PhD. Read the full story on our blog 🔗 in comments.

Floodbase just launched a new capability enabling instant parametric flood quoting for insurers in the U.S. Historically, parametric flood quoting has been slow and manual. Our new Quote API allows carriers to generate flood history instantly and integrate it into their own pricing models, enabling real-time broker quoting and new embedded flood products. Excited to see Liberty Mutual Insurance already deploying this capability.

🚀 Today, we're launching the Floodbase Quote API, enabling insurers and MGAs to collapse weeks of manual quoting cycles for large area parametric flood into instant workflows. ⚡ Because of this expansion of the Floodbase Platform, carriers can now equip brokers with tools that instantly generate standardized quotes for parametric flood covers. Liberty Mutual is already using it in broker workflows. 🗺️ The Floodbase Quote API also unlocks entirely new parametric flood products previously limited by a manual, location-by-location design process.  Now, carriers and MGA's can partner with Floodbase and design large, geographically distributed portfolio solutions – from embedded add-ons to reinsurance solutions – covering thousands of locations in the U.S. simultaneously. 🏛️ Join the elite group of insurers using Floodbase to simplify the complex and make flood insurance truly scalable. Whether you're looking to serve specific clients or launch a full program, our team is ready to partner with you. Read more at the link in the comments or reach out to us at hello@floodbase.com or on linkedin.

I’m excited to speak at Insuretech Insights Europe 2026 in London on March 19. I’ll be sharing the stage with Victor Bouton to speak about how Floodbase partners with Liberty Mutual Reinsurance to enable flood risk transfer at scale. Our premise is simple - parametric insurance provides transparent policies that pay out near instantaneously, why should the quoting process not also be transparent, instantaneous and customizable ? So we created a platform for brokers which removes all the back and forth and provides effective flood cover in the United States at the click of a button. If your broker is already onboarded, you can request a parametric flood policy when Victor and I start speaking at 10:30 AM on Thursday, March 19th and have an non-binding indication by the time we get off the stage (for the majority of cases). Looking forward to connecting live in London. Join us at Insurtech Insights Europe: https://lnkd.in/e424vvFb #InsurtechInsights #Insurtech #InsuranceInnovation #ITIEU26 Kristoffer Lundberg

NFIP disruptions, rising risks, and growing private market capacity are reshaping how Flood Insurance is structured and placed. Our latest Flood Insurance Market Overview examines trends across Primary, Excess, and Parametric solutions—along with portfolio strategies designed to help brokers and agents close coverage gaps. ⏩ Access the full report now here: https://lnkd.in/gY2SZdcM Featuring contributions from Burns & Wilcox experts Bill Gatewood, Brad Turner, Jacob Martin, and special guest from Floodbase, Bessie Schwarz. 

Floodbase has partnered with Liberty Mutual Insurance to launch instant parametric flood quoting for the US commercial market, giving brokers and MGAs the tools to distribute large-area parametric flood at the speed the market demands. As of today, quoting parametric flood insurance now takes minutes instead of weeks thank to Liberty Mutual's instant quoting application, powered by Floodbase. Link in comments 🔗

Floodbase has partnered with Liberty Mutual Insurance to launch instant parametric flood quoting for the US commercial market, giving brokers and MGAs the tools to distribute large-area parametric flood at the speed the market demands. As of today, quoting parametric flood insurance now takes minutes instead of weeks thank to Liberty Mutual's instant quoting application, powered by Floodbase. Link in comments 🔗

Flooding creates significant risk for residential and commercial properties, even outside designated flood zones. With recurring National Flood Insurance Program disruptions, private Flood Insurance solutions are more important than ever. In our latest webinar, Burns & Wilcox Flood experts Brad Turner and Jacob Martin, special guest from Floodbase,Bessie Schwarz, gathered discuss Primary, Excess, and Parametric Flood Insurance solutions. Bill Gatewood hosted the discussion. 🔗 Watch the full recording now here: https://lnkd.in/guhQQXRu