Problem Solved

(capacity, pricing, ease of use)

A quacktastic solution.

Flood Risk Solutions provides state of the art insurance placements for your residential and commercial risks across the United States.

Welcome to Flood Risk Solutions, Inc (FRS). Established in 2017 by Brendan Moeller and Eugene Podokshik our company was born out of a shared commitment to address the pressing need for expanded private flood insurance capacity, create ease of use quote/rate/bind technology, and offer pricing for coverages from a spectrum of providers in one platform. FRS sprang to life in response to the lack of flood insurance options and the pressing need for a splash of innovation in the industry.

In the backdrop of a landscape dominated by the National Flood Insurance Program (NFIP), Brendan and Eugene identified a critical gap in the market. The majority of flood insurance transactions were tethered to government programs, limiting choices for individuals and businesses seeking comprehensive coverage. Although a few private market providers existed, the evolving dynamics of the NFIP, marked by escalating rates, created an opportune moment for private enterprises to offer alternative solutions.

Determined to usher in change, Brendan and Eugene embarked on a mission to redefine the flood insurance landscape. They recognized the absence of comparative raters, a tool pivotal for empowering clients to make informed decisions. With a vision to democratize access to flood insurance and simplify the procurement process, they set out to build a company that would bridge the gap between demand and supply in this critical sector. In 2018, Flood Risk Solutions became a coverholder for Lloyds of London and began offering its first flood insurance program underwritten by Chubb. The comparative rater went live in 2020. FRS leveraged its technology platform to integrate flood model results to guide pricing and underwriting decisions in a real time environment. The proprietary systems enable seamless real time analysis, pricing, and binding of risks. The application program interface is designed to easily integrate with partner's agency management systems.

At Flood Risk Solutions our core mission is to provide not just flood insurance products, but a comprehensive suite of solutions designed to meet the diverse needs of our clients which now include more than flood with more product launches anticipated in 2024. We are proud to introduce innovative offerings such as flood insurance multi-rater, wind deductible buy-downs, custom risk transfer, modeling and analytics, and parametric insurance, setting new standards for flexibility and customization in the industry. Offering a full suite of flood products on a primary and excess basis, including private flood in catastrophe prone geographies. FRS product offerings are distributed through a network of contracted partners.

What sets us apart is our relentless pursuit of excellence, manifested through the proprietary technology we have developed to revolutionize the flood insurance space. Our cutting-edge systems streamline the entire process, making it easier than ever for individuals and businesses to secure the protection they need at the best available pricing in the marketplace.

Join us on this journey of innovation and reliability. At Flood Risk Solutions we are building a foundation for a more resilient and secure tomorrow.