Parametric Storm Surge Insurance for Hurricanes
A program covering direct and indirect losses for U.S. coastal corporations
A parametric storm surge solution to bolster U.S.
hurricane resilience
Constrained capacity and coverage gaps in
traditional and non-traditional insurance policies
leave coastal corporate clients with flood insurance
that is expensive, unresponsive, and insufficient.
flood loss
leave clients with less coverage that’s more expensive
Floodbase enables brokers to cover previously uninsurable losses
Cover both direct and indirect surge-driven loss over large areas.
Access standalone storm surge coverage independent of your P&C tower or buy down a deductible.
Rapid payouts within weeks of a flood can be used at the insured’s discretion for any loss driven by storm surge. No complex claims process needed.
Cover direct and indirect losses over
large areas
Parametric insurance is inherently flexible and fills flood protection gaps across sectors.
Proceeds can be used to recover from any financial loss caused by hurricane-driven storm surge,
addressing a broader set of loss types than traditional flood insurance.
How it Works
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Swiss Re Corporate Solutions
Policies tailored to clients’ risk and budget
Paper: A-rated
Limit: $10 million +
Geographies: U.S. Atlantic & Gulf Coasts
Work with us
A parametric storm surge solution available to coastal corporate entities
Request a program deep dive with a Floodbase parametric expert.
