JBA and FloodFlash join forces to launch event-based flood insurance

flooding

InsurTech start-up FloodFlash says it is looking to work with more brokers.

JBA Risk Management and FloodFlash have collaborated to provide event-based flood insurance.

The product has been created by FloodFlash using data provided by JBA and will offer bespoke insurance to clients in places vulnerable to flooding.

JBA has iterated that it’s UK 5m Flood Map, UK Flood Event Set, FloodFlash’s hardware and the FloodFlash sensor are all combined to form the product.

The firm has also detailed that it’s UK 5m Flood Map enables water depths to be taken for every potential

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Applied updates on commercial push

Applied Systems has confirmed Arch Insurance is about to enter the pilot phase of onboarding and will be live on the Applied Epic broker management system in April, with Iprism and Ark to follow and more promised in 2024.

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