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reThought Flood

Underwriting Growth USD 27.9M total
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Overview

reThought Flood is a technology-centric Managing General Agent specializing in US commercial and residential flood insurance. Founded in 2017 by insurance technology professionals, the company developed a patent-pending underwriting approach that deploys multiple flood models simultaneously for a more accurate risk assessment than competing single-model approaches.

reThought Flood's award-winning Flood Resilience Scores (FRS) use AI-driven analysis of publicly available building data to individually underwrite each asset, enabling the company to price flood risk coverage that is significantly more comprehensive than competing policies.