Flood cover – Have you considered a FloodFlash excess infill policy?


Authored by FloodFlash

Insurance Brokers across the country use FloodFlash when flood exclusions are placed on a policy.

Some have used FloodFlash to help clients save on premiums. Despite the growing popularity of our smart commercial flood cover, many brokers don’t know that FloodFlash is available as excess cover. In fact, in many cases it is the best option.

Despite low knowledge, excess infill policies represent roughly 20% of all FloodFlash policies sold. Here’s how FloodFlash excess service measures up vs. traditional excess infill products.

FloodFlash excess infill policies behave in the same way as regular FloodFlash policies. That means that clients don’t need to claim on the main policy to receive their FloodFlash payout. They also benefit from a rapid payout. This can be helpful to deal with the immediate costs of flooding such as clean-up or finding alternative premises whilst the client waits for the main claim payment to come.

A final (and perhaps the biggest) advantage of FloodFlash compared to traditional excess products is the flexibility. Clients can set their payout in any multiple of £5,000. This means that if you want to see what premiums look like with a higher excess, we can support you in partnership with the main insurer. In some cases, increasing the excess and covering the difference with FloodFlash can lead to a significant saving.

Insurance Brokers, whether you’ve been using FloodFlash for your client’s excesses for a while, or you’re about to try – email brokers@floodflash.co and we’ll take you through it step by step.


About FloodFlash

FloodFlash is a new type of rapid-payout flood insurance. It uses the latest data modelling and connected tech to bring parametric insurance to the mass market for the first time. The result is fast, easy and flexible cover that pays claims within days of a flood.

FloodFlash is parametric or `event-based` insurance. When buying the cover, the client chooses the depth of flooding they wish to insure against and how much they’d receive when that flood happens. When the FloodFlash sensor installed at the property detects flood water at the selected depth, the claim is paid in full. No waiting. No haggling.

FloodFlash rapid-payouts were put to the test in February 2020 when Storm Ciara swept across the UK. Claims related to the storm were paid in full within a single day. That speed of claims payment remains the fastest and best proof of mass-market parametric insurance to date gaining acclaim at industry awards and recognition from The Times, The Telegraph and the BBC.

FloodFlash operates across Britain, is headquartered in London. Floodflash is a registered coverholder at Lloyd`s of London and is authorised and regulated by the Financial Conduct Authority.