The NFIP ensures most walled and roofed buildings that are principally above ground on a permanent foundation, including mobile homes and buildings in the course of construction. This community participates in the NFIP, making federally-backed flood insurance available to its property owners. In support of FEMA and insurance companies participating in the NFIP’s Write-Your-Own Program, and with the addition of NFIP Direct, National Flood Services will now manage over $2 billion in annual premiums and more than 2 million NFIP policies, furthering its mission of improving people’s lives by reducing the damaging impact of flooding.The National Flood Insurance Program ( NFIP) is a federal program that enables property owners in participating communities to purchase flood insurance on eligible buildings and contents, whether in or out of a floodplain. Flood insurance can help property owners prepare for the potentially devastating financial impact of these massive storm systems.”įor over 35 years, National Flood Services has worked with the country’s top insurance providers to help protect property owners from the costly impact of flooding. “Year after year, heavy rain events cause above-average flooding that affects thousands of Americans. ![]() “Trident is the only end-to-end flood insurance platform developed in the past decade and its microservice architecture offers quick adaptability for innovation,” said Cynthia DiVincenti, Director of Government Relations at National Flood Services. National Flood Services’ new cloud-based software solution, Trident, combines flood insurance quoting, policy issuance, management and servicing into a single, powerful platform. By focusing on property owners and their needs, we are committed to closing the nation’s flood insurance gap and reimagining what flood insurance ought to be.” “Since our inception 35 years ago, we have carried the flag for the entire flood insurance industry. ![]() “We are honored to be selected for the critical role of providing security, assurance and resources to the hundreds of thousands of policyholders who rely on NFIP Direct for flood insurance to protect their families and businesses,” said Ralph Blust, CEO of National Flood Services. National Flood Services will also seek to improve the customer experience, increase the NFIP’s transparency, and provide real-time analytics all through a modern, technology-enabled platform. NFIP Direct currently consists of approximately 650,000 active policies distributed by a network of more than 30,000 agents.Īs the sole provider of NFIP Direct services, National Flood Services will provide quotes, process applications, issue policies, process premium payments and manage active policies directly for insurance agents. ![]() The NFIP provides flood insurance to property owners, renters and businesses to help reduce the socioeconomic impact of floods, the nation’s most common and costly natural disaster. NFIP Direct facilitates the issuance and administration of NFIP insurance policies on behalf of the Federal Emergency Management Agency (FEMA), an agency of the Department of Homeland Security. Octo– National Flood Services, a leading provider of flood insurance solutions in the United States, today announced that it has been awarded the National Flood Insurance Program (NFIP) Direct service provider contract.
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