FLOODFLASH
80% of the worldโs catastrophic flood losses arenโt insured. Thatโs $58bn of uncovered damage, and itโs getting bigger each year because of climate change, population growth and urbanisation. FloodFlash is an insurance technology company that combines computer models, cloud software and internet-of-things sensors into flood cover that protects those the insurance industry has left behind. FloodFlash is the first parametric flood insurance available to the mass market. Each customer choo... ses a depth of flooding and how much theyโd receive when floods reach that depth. When the smart sensor installed at their property detects flood water at the chosen depth, the claim is paid in full. Since the 2019 launch FloodFlash has been at the forefront of the global parametric movement. Their smart cover has set new standards for simple, transparent insurance, protecting thousands that canโt get cover anywhere else and winning over 30 industry awards. Founded by catastrophe risk experts Adam Rimmer and Dr Ian Bartholomew, FloodFlash has raised ยฃ2.1m in investment to date. FloodFlash is headquartered in London, is a registered coverholder at Lloydโs of London and is authorised and regulated by the Financial Conduct Authority.
FLOODFLASH
Industry:
FinTech Insurance InsurTech
Founded:
2017-01-01
Address:
London, England, United Kingdom
Country:
United Kingdom
Website Url:
http://www.floodflash.co
Total Employee:
11+
Status:
Active
Contact:
333-016-5466
Email Addresses:
[email protected]
Total Funding:
17.65 M USD
Technology used in webpage:
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Founder
Investors List
Buoyant Ventures
Buoyant Ventures investment in Series A - FloodFlash
Pentech Ventures
Pentech Ventures investment in Series A - FloodFlash
MS&AD Ventures
MS&AD Ventures investment in Series A - FloodFlash
Insurtech Gateway
Insurtech Gateway investment in Series A - FloodFlash
LocalGlobe
LocalGlobe investment in Series A - FloodFlash
Sony Financial Ventures
Sony Financial Ventures investment in Series A - FloodFlash
PropTech1 Ventures
PropTech1 Ventures investment in Series A - FloodFlash
Munich Re Ventures
Munich Re Ventures investment in Series A - FloodFlash
Global Brain Corporation
Global Brain Corporation investment in Series A - FloodFlash
Tech Nation Fintech
Tech Nation Fintech investment in Seed Round - FloodFlash
Official Site Inspections
http://www.floodflash.co Semrush global rank: 3.68 M Semrush visits lastest month: 3.8 K
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