Wright Countrywide Flood Insurance coverage Firm, has agreed to get the flood insurance coverage plan e-book from Westfield Insurance coverage plan Company (Westfield).
Wright Flood will firm, administer and downside flood protection beneath the Nationwide Flood Insurance coverage coverage Methodology for Westfield policyholders and brokers, despite the fact that additionally assuming the servicing of Westfield’s private flood group.
Organising from early 2022, Wright Flood will deal with Westfield’s NFIP flood placements.
All new tips and renewals shall be issued by Wright Nationwide Flood Insurance coverage plan Enterprise, which is A.M. Best rated as A- (Very good) for financial energy.
For retail brokers accessing flood safety by way of Westfield, there shall be minimal regulate within the system to proceed on to current NFIP flood protection safety for policyholders.
Wright and Westfield representatives shall be in name with their brokers.
Patricia Templeton-Jones, the president of Wright Nationwide Flood Insurance coverage protection Providers commented: “Westfield has provided flood protection choices for the previous 20 years for its agent companions and policyholders. We look forward to persevering with their extended heritage and giving their brokers with our expertise within the flood insurance coverage coverage market.
“For the reason that inception of the Countrywide Flood Protection Methodology, Wright Flood has been a premier firm of NFIP flood protection and personal flood choices for householders and enterprise householders.”
Craig Welsh, Westfield’s chief distribution officer added: “Wright has a really well-proven recognition of delivering distinctive help to buyers and brokers, significantly on the time of a flood discount. We’re self-confident buyers will carry on appreciating the peace of mind that arrives with buying flood safety.”