Comprehensive Parametric Protection Against Flood Risks

Flooding is one of the most costly natural disasters, often leaving communities and businesses in financial turmoil. NormanMax’s parametric flood insurance offers swift payouts triggered by pre-agreed parameters like water levels, ensuring timely financial recovery.

NormanMax Insurance Solutions, Comprehensive Parametric Protection Against Flood Risks - hero image

Features

  • Customizable coverage for businesses and communities.
  • Uses advanced hydrological data for accuracy.
  • Reduces downtime and rebuild costs.

Coverage that provides pre-determined payouts based on objective measurements of flood events.

Parametric flood insurance is an innovative risk transfer solution that provides pre-determined payouts based on objective measurements of flood events, such as rainfall amounts, river levels, or flood depth. Unlike traditional flood insurance that pays based on actual damage assessment, parametric insurance pays when specific flood-related triggers are met.

TESTIMONIES

Hear From Our Customers

Alliance Insurance of Sarasota Inc. logo

I would like to thank you Jonathan and the claims team for your assistance and speedy review of my case. We have been through a lot lately and it is special to have you guys roll this out at a unique time that will surely aid in our ability to market and sell this amazing product.

-Nick Cirillo, Alliance Insurance of Sarasota Inc.
London Underwriters logo

Not only is their quote turnaround time unbelievably fast, but they are also incredibly helpful providing different options for our submissions. NormanMax is definitely our first and best option when it comes to Parametric.

-Daniel Feigenbaum, London Underwriters

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