FloodFlash

About

FloodFlash sells parametric commercial flood insurance for businesses and landlords, including properties with a history of flooding. Customers choose a flood depth that triggers a claim and a fixed payout amount, and a connected sensor installed at the property measures water depth. When water reaches the agreed depth, FloodFlash verifies the reading and pays the set amount, with claims typically settled within days. Cover is backed by Lloyd's capacity and it is FCA-regulated.