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National Flood Services

Flood insurance technology and services for carriers, agents, and WYO programs

Core Administration Established Acquired
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Overview

National Flood Services (operating as Taurus Flood under Taurus, LLC) is a flood insurance technology and services provider for P&C carriers, Write-Your-Own (WYO) programs, agents, and property owners in the United States. The company manages over 2.4 million flood policies representing approximately USD 2 billion in annual flood insurance premiums, making it one of the largest flood insurance servicers in the country.

The company offers a cloud-based SaaS platform suite built on AWS, covering the full insurance lifecycle from quoting and underwriting through policy administration, claims management, billing, and regulatory reporting. Its flagship platform, Odyssey, is a configurable multi-product system supporting both flood and broader P&C lines. An earlier flood-specific processing tool, Trident, covers purchasing, underwriting, management, and servicing of NFIP-aligned policies. Both platforms include consumer, agent, and carrier portals.

Originally founded in 1985 as a technology company and later operated as Aon National Flood Services, the business was acquired by Chicago-based private equity firm PEAK6 Investments LP in August 2018. The company operates under the Taurus, LLC umbrella alongside Global Fund Solutions, LLC, with offices across the US (Kalispell MT, Overland Park KS, Tampa FL, Washington DC) and internationally in Colombia, India, and the Philippines. As of 2026, the company serves 22 insurance brands and 92,000+ active platform users, and its roadmap includes LATAM market expansion.

Products & Services

Odyssey

Odyssey is Taurus Flood's all-in-one, cloud-based SaaS platform supporting the complete insurance lifecycle for both flood and P&C lines. It handles quoting, policy issuance, underwriting, claims management, billing, accounting, and regulatory reporting in a single system. The platform is configurable for multiple product lines and uses an agile microservice architecture on AWS.

Key Features

  • Integrated quoting, issuance, and policy management
  • Claims handling and accounting in a single system
  • Consumer, agent, and carrier portals
  • Configurable multi-product support for flood and broader P&C
  • Direct-to-consumer and agency distribution capabilities

Target Users: P&C carriers, WYO carriers, agents, brokers, property owners

Trident

Trident is a cloud-based flood processing application focused specifically on NFIP-aligned flood insurance policies. It covers purchasing, underwriting, policy management, and servicing within the NFIP framework, and serves as a core flood-specific tool within the Taurus platform suite.

Key Features

  • Flood policy purchasing and underwriting
  • Policy management and ongoing servicing
  • NFIP and WYO program compliance support

Target Users: WYO carriers, flood insurance agents, NFIP program participants

At a Glance

Founded
1985
Headquarters
Kalispell, Montana, USA
Employees
501-1000
Funding
Acquired

Category & Focus

Category
Core Administration
Subcategories
Policy Administration Claims Management Flood Insurance Processing Underwriting Billing
Insurance Verticals
P&C Personal Specialty/E&S
Target Customers
Carriers, Agents/Agencies, MGAs/MGUs

Customers

  • AAA Insurance
  • Farmers Insurance
  • American Family
  • Island Insurance
  • US Coastal
  • Foremost
  • American National
  • MAPFRE
  • Monarch
  • Cypress Property and Casualty Insurance Company
  • Hiscox

Last updated: 2026-06-04