FLOOD

Our consultants regularly provide actuarial consulting services regarding flood insurance matters to insurance carriers, MGAs, insurtechs, service providers, and regulatory agencies.  Some examples of our flood-related consulting include:

• Providing assistance to carriers in the development of private market NFIP replacement products for admitted markets.
• Development of programs and rating support acceptable to the state regulators.
• Rate and form comparisons of flood insurance products.
• Traditional rate structure analysis (territory, deductibles, etc.).
• Development of new ratemaking techniques that incorporate the latest technologies and data available, while making the results acceptable in rate filings to regulatory agencies.
• Catastrophe Excess of Loss Reinsurance structure analysis.
• Actuarial assistance on regulatory financial examinations of carriers writing flood coverage. 

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