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XWith US$20 billion in claims over 10 years, floods are the costliest natural disaster in the US. Marsh is a flood insurance leader with advanced technologies and responsive service.
Kevin Tobin, President and CEO of Marsh Insurance Services Group, discusses the future of flood insurance and the need for reforms.
Floods represent the number one natural catastrophe in the US, affecting thousands of businesses and people each year.
RISK IN CONTEXT
Often dismissed as expensive or not worthwhile, excess coverage can save thousands of dollars.
RISK IN CONTEXT
Recent Midwest floods are a stark reminder of the need for detailed emergency response and business continuity plans.
Flooding is the number one natural disaster in the US, causing billions of dollars in damage to hundreds of thousands of businesses and homes annually. Yet flood insurance is one of the most misunderstood coverage types. It’s critical for commercial business and real estate owners, property managers and developers, and homeowners to understand flood insurance options and choose a policy that addresses their specific needs.
Marsh Flood Solutions is your one-stop flood coverage center. Experienced in flood risk management, our experts offer advice on the three insurance types — primary, wrap, and excess — and which is best for your requirements.
Marsh’s Flood Service Center (FSC) offers more than 75 years of expertise placing and servicing flood insurance coverage. Once our risk advisors help you determine your flood risks, our FSC will arrange the coverage and risk management options that best fit your needs.
And Torrent Technologies, Inc., a Marsh company, provides Write Your Own (WYO) insurers and their agents with sophisticated cloud-based technology solutions and back-office services and innovative tools for working with the National Flood Insurance Program (NFIP).
With this unique combination of deep expertise and advanced technology, Marsh Flood Solutions offers you a robust, end-to-end solution to ensure you gain proper advice, adequate flood coverage, and swift claims settlement.
Marsh’s Flood Service Center (FSC), part of the firm’s US Property Practice, is dedicated to offering commercial business and real estate owners, property managers, and property developers deep expertise in the placement and servicing of flood insurance coverage. We place more than 8,000 policies for more than 1,000 commercial clients across the US.
Torrent Technologies, Inc., a Marsh company, provides insurers that participate in the National Flood Insurance Program (NFIP) Write-Your-Own (WYO) program, as well as their agents, with sophisticated cloud-based technology solutions and back-office services. These include web-based quote-to-bind technology, a real-time paperless process, end-to-end claims handling, and innovative tools for working with the NFIP.
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