Marsh VP leaves to become Construction Division AVP
Lexington Insurance and The Flood Insurance Agency recently partnered to introduce an innovative new flood insurance product. FloodReady allows policyholders to repair flood-damaged homes with materials that are more flood-resistant – effectively leaving the home better than it was before. IBA recently chatted with executives from The Flood Insurance Agency and Lexington about this innovative product – and the partnership that produced it.
One group is calling for changes to the NFIP that would give flood victims the option to move to higher ground rather than rebuilding
One of the country’s biggest privately owned brokers just got a little bigger
The number of properties reporting a second and even third flood loss has skyrocketed over the last 20 years
One of the insidious things about flood loss is the likelihood of it happening. After all, an area prone to flood once is likely prone to flood again – and in the last 20 years, the number of properties experiencing a second and even third flood loss has risen dramatically. That’s why Lexington Insurance and The Flood Insurance Agency have partnered to introduce FloodReady, an innovative program that allows policyholders
A new flood insurance product will allow homeowners to not only rebuild flood-damaged property, but to improve its resilience to future flooding
“We have come up with a coverage enhancement that will help make America’s home more resilient after a loss.”
New appointee will grow and manage the portfolio and enhance broker relationships
Jennifer Rubin of Hiscox is part of the Insurance Business America Elite Women in Insurance 2017.