A personal lines flood endorsement from Munich Reinsurance America, Inc. (Munich Re America) is now available in the U.S. to insurance carriers and their agency partners that use BriteCore, a modern web-based insurance administration platform.

Flooding is the most frequently occurring natural disaster in the U.S. with floods or flash floods occurring in 50 states over the past five years, according to the Federal Emergency Management Agency (FEMA). The risk of extreme storms has greatly increased causing rivers, streams and other bodies of water to overflow in areas that were previously not impacted by flooding.


“Many people don’t realize that their homeowners insurance policy typically excludes flood damage. If the property is located outside of a Special Flood Hazard Area (SFHA) or 100 year flood plain, flood risk may not even be top-of-mind for many people,” said Sanjay Mehrotra, Strategic Product Operations Manager, Munich Re America. “Partnering with BriteCore, we’ve made it easy for insurance carriers to offer a personal lines flood endorsement to their customers.”


The endorsement is available to homeowners who live outside of a SFHA and it protects their homes and personal property. The BriteCore policy administration system will indicate if a policyholder’s home is located in a SFHA based on its address. If a home is not in a SFHA, agents will automatically be offered the opportunity to select Munich Re America’s personal lines flood endorsement as they build an insurance program for their personal lines clients.


“BriteCore worked with the Munich Re America team to make this a seamless process for carriers that access our policy administration system,” said Rob Ogle, BriteCore Vice President of Support Services. “The BriteCore platform offers carriers real time information on pricing for the flood endorsement and provides the flexibility to view various deductible options as well. It’s a win-win for carriers, their agents and policyholders seeking to protect their property from flood risk in a more comprehensive manner.”
Munich Re America’s personal lines inland flood endorsement is already available through participating insurance carriers throughout the U.S. Munich Re America also offers a commercial inland food endorsement which is available in the U.S. with the exception of Florida, Louisiana, Hawaii, Alaska, and Puerto Rico.