US Flood Policy at a Crossroads: Insurance, Reform & Resilience
The US flood insurance market is changing, and for brokers and underwriters operating in the private market, the shift brings real opportunity worth paying attention to.
The National Flood Insurance Program (NFIP) has long been the default option for millions of American property and asset owners. But with the program carrying significant federal debt and Congress repeatedly relying on short-term reauthorizations to keep it running, there is growing federal momentum behind moving more flood risk into the private market.
Private flood insurance has expanded steadily over recent years, and for brokers this means more options to offer clients, and more room to find competitive, flexible coverage beyond the limitations of a government program. For underwriters, it represents a growing book of business with increasingly sophisticated risk assessment behind it.
This event brings together the insurance industry to take a practical look at where the US flood insurance market is headed, including:
How the NFIP's financial pressures are accelerating the federal push toward private market solutions
What Risk Rating 2.0 means for pricing, and where private carriers now have a competitive edge
The coastal and high-risk zones where improved catastrophe modeling is making private capacity increasingly viable
Whether you're a broker looking to expand your flood book, an underwriter assessing new appetite, or a market leader shaping strategy, this is a conversation worth being part of.
The event will feature a panel discussion with Brandon Katz, VP at KatRisk, Paige Roepers, CEO at Ocean Ledger, and Tom Philip, CEO at MaxInfo, moderated by Claire Souch, Independent Consultant, followed by drinks and networking at the Old Library at Lloyd's.
KatRisk is a global leader in catastrophe risk intelligence and solutions, setting the standard for how organizations assess and manage climate-driven risk. Serving insurance, reinsurance, government institutions, and financial services organizations globally and supporting clients in over 190 countries, KatRisk delivers forward-looking insight across flood, storm surge, tropical cyclone wind, severe convective storms, and wildfire. Built on transparent methodologies, flexible data architectures, and high-performance computing, KatRisk supports underwriting, portfolio management, and risk strategy with solutions that translate complex hazard science into confident, actionable decisions.
Ocean Ledger empowers commercial and government asset owners exposed to coastal flood risk with the transparent, precise insights they need to insure and mitigate exposure. Using proprietary geospatial AI to model coastal topography and historical trends, we predict flood risk and pinpoint primary drivers. Ocean Ledger spun out from the German Aerospace Centre and was part of the 14th Cohort of Lloyd's Lab.