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Flood Management
Trumbull’s unique flood service offering provides a low-risk way to take advantage of the growing flood insurance industry.
Write-Your-Own Flood Insurance Program
The program offers easy and profitable book of business transfers and highly competitive commissions. We handle all aspects of the transfer to minimize the impact to your organization. Plus, to ensure that you are getting the most advantageous fee for placing your business through us, flood commissions are negotiable and are based on the amount of flood premium you place with our program.
Banking and Financial Institution Program
The main features of our banking and financial institution program include the following:
- Standard and preferred federal flood policies for loan origination and refinancing
- Forced placed flood coverage (in conjunction with loan origination)
- Life-of-loan flood zone determinations
- Home equity flood zone determinations
- Basic flood zone determinations
- Portfolio review “scan” flood zone determinations
Private Label Flood Insurance Program
Trumbull also offers a private label flood program designed to provide federal flood policies for your customers.
- Allows you to broaden your product offerings
- Provides entry into a market without starting a new company
- Available in all states for insurance companies, financial institutions, and MGAs
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