Insurers are awash in data but only benefit from it with improved access and analytics.

Category 2 Sally hit coastal communities in Alabama and Florida last week with heavy rainfall and a storm surge of 6-7 feet.

Current FEMA flood maps only reflect historic conditions, not future flooding, misleading insurance brokers and insureds about actual risks.

Insurers are increasingly leap-frogging traditional products with new approaches to avoid processing costs and keep claims cycles short and efficient.