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Wright National Flood Insurance Company partners with Orange Insurance Exchange for Co-Branded Flood Policies

Nov 04, 20248 months ago

Contract Type

partnership

FloridaInsuranceFinancial Services

Description

Wright National Flood Insurance Company has announced a partnership with Orange Insurance Exchange to co-brand flood policies, which took effect on November 4, 2024. Wright Flood will now service, administer, and issue flood coverage under the National Flood Insurance Program (NFIP) for Orange policyholders and agents, providing more property owners with flood insurance protection.

Company Information

Company

Wright National Flood Insurance Company

Location

Florida, United States

About

Wright National Flood Insurance Company is the nation's leading provider of federal flood insurance, with a rating from AM Best for financial strength of A (Excellent) and more than 40 years of experience exclusively in the flood insurance industry.

Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months