The American Association of Insurance Services (AAIS) has announced that reThought Flood will be joining its Partner Program, bringing its innovative technological solution for underwriting flood insurance to enhance the accuracy of risk assessment.
The AAIS Partner Program offers members exclusive access to premium products and services, enabling them to streamline operations, increase efficiency, and grow their businesses.
ReThought will provide AAIS Members with its patent-pending method for pricing flood risk, utilising multiple models to achieve a more precise evaluation of risk.
Cory Isaacson, Chief Executive Officer of reThought Flood, underscores, “The goals of AAIS are exactly aligned with our own.
“Our mission is to create a sustainable commercial flood insurance market in the U.S., where 99% of counties flooded since 1996, but fewer than 10% of households have flood coverage.
“As a member of the AAIS Partner Program, we will be able to bring our proven technological solution to this problem to more risk carriers, brokers, and ultimately, to more Americans,” Isaacson concludes.
John Kadous, Vice President of Products at AAIS, explains, “reThought Flood and AAIS share a vision to work collaboratively with insurance industry professionals to create solutions that meet the needs of our customers.”
He adds, “AAIS Members will be able to leverage reThought Flood’s expertise and unique approach to pricing flood risk to further build efficiency and speed to market.”
