Capitalizing on Private Flood Insurance Opportunities
With insurers validating the opportunity with new private flood offerings, and with the NFIP’s Risk Rating 2.0 delivering a transformational leap forward, market response becomes ever more urgent. Combining property insurance ratemaking, advanced underwriting technologies, and pricing and profitability analysis, today’s flood insurance market is advancing toward a brighter future.
Here is how we can help you structure a profitable private flood insurance program that best fits your business.Tell us your Flood Risk challenges
Flood Risk Software and Solutions
Our innovative technology offers a wide range of capabilities in analyzing, operating and managing each phase of development in your private flood insurance program.
Market exposure & risk analytics
Get a balanced, accurate view of any market.
Modern flood insurance program
A complete flood insurance rating solution.
Geographic rating insights
Rapid, easy access to geographic rating insights.
Property & casualty advisory services
Get your flood product to market faster, and cheaper.
Private Flood Insurance Consulting Expertise
For more than 70 years, Milliman has combined technical mastery with business acumen to create elegant solutions for our clients. Today, we consult with organizations to develop best-in-class Flood Insurance programs.
- Modeling consumer demand
- Competitive analysis to analyze pricing and profitability
- Measure and manage catastrophe-exposed property risks
- Catastrophe model validation
- Develop custom private flood programs based on latest modeling
- Implementation of rating plans with customized GIS layers
- Assess and navigate the widely varying regulatory landscape of private flood
- Flood rate filing services and reference filing adoptions
Milliman’s Flood Suite offers intelligent solutions and data metrics which address the analytics, operations and regulatory phases of Private Flood Insurance Programs. This combination of data-driven expertise coupled with deep experience in private flood insurance programs positions Milliman as a proven industry leader.
Speak with a specialist about your specific needs and to request a demo of Milliman’s Flood Suite.