November 10 / Press Release
Marsh’s Torrent Technologies adds Palomar Specialty’s private flood insurance solution to WYO offering
New York, November 10, 2020 – Torrent Technologies, a flood insurance technology and servicing company and part of Marsh, today announced an agreement with Palomar Specialty Insurance Company to provide Torrent’s Write-Your-Own (WYO) carrier clients and their agents new, admitted private flood insurance options. Under the agreement, Palomar’s admitted, residential flood insurance program, Flood Guard,...
November 03 / News
Forecasters are predicting an 85% chance that La Niña could last through the winter and a 60% chance it could last through spring of 2021. This weather phenomenon is something that could contribute to increased chances of flooding. What is La Niña? La Niña occurs when the tropical ocean waters near the equator of South... Read the entire article.
October 19 / News
It’s the time of year when we seek out fun-filled frights. Zombies have been the source of many scary movies and shows. But did you know that zombies and floods can be linked? Yes…it’s a thing. Recently in 2020, we witnessed this phenomena when Paulette was raised from the dead. Who is Paulette? Paulette originally... Read the entire article.
October 05 / News
Flood risk is only likely to increase as climate change worsens This article was first published by BRINK on June 22, 2020 Bev Adams, Head of Visual Intelligence and CAT Planning, Marsh Risk Consulting After a flood event, companies need to take into account both the short-term imperatives to get up and running quickly and the longer-term... Read the entire article.
August 19 / News
We are pleased to announce another compass on the golden sand by the sea[/caption]addition to our curated private flood insurance portfolio…the Chubb private primary residential flood insurance product. Benefits of the New Chubb Product Underwritten by Chubb European Groups SE through Johnson & Johnson, Inc., this new private flood product provides up to $1 million... Read the entire article.