Insurance technology news from FloodFlash, Victory Insurance, EigenRisk and more. Photo: TippaPatt/Shutterstock
FloodFlash partnered with Hiscox to offer sensor-enabled parametric flood insurance. Hiscox is already an active participant in the U.S. flood insurance market, and as a capacity provider for FloodFlash will support the market appetite for parametric as an efficient option for catastrophe covers. They join Munich Re, whose parametric expertise Hiscox will complement with market-leading knowledge of launching successful flood products in the U.S.
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