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Helping to close the flood coverage gap

August 26, 2019

Zurich North America and Wright National Flood Insurance Services offer an innovative residential flood insurance option, launching in Florida with plans to expand.

Wright Flood

As severe weather events increase in frequency and intensity, flooding is a growing risk in many areas of the U.S. Responding to the needs of property owners facing potentially catastrophic flood scenarios, Zurich North America and Wright National Flood Insurance Services, LLC have collaborated on a first-of-its-kind, stand-alone admitted private flood insurance offering.

With 98% of U.S. counties impacted by flooding,1 new and innovative solutions to flood risks are needed. Zurich and Wright developed the Zurich Residential Private Flood Insurance program to address a significant coverage gap. The program launches exclusively in Florida on September 3, but there are plans to expand it to 11 additional states in the future.

“With changing weather patterns and growing storm intensity across the country, we need to recognize the vast majority of homes are potentially at risk and most property owners need to consider the protection provided by flood insurance,” said Greg Massey, Head of Programs for Zurich North America.

By expanding coverage options and offering customization similar to the model of many personal lines of insurance, Zurich Residential Private Flood Insurance gives property owners the flexibility to tailor their flood insurance policy to their specific needs.

As James R. Watje, Senior Vice President of Private Flood at Wright National Flood Insurance Services, explained, “We are offering flood coverage that is not one-size-fits-all. Each home we cover is as unique as the people living in it.”

This new insurance offering will be sold exclusively by Wright’s partner agents and it is the only admitted stand-alone private flood option currently backed by an insurance provider with an A+ rating from AM Best.2

While the costs of flooding triggered by recent severe weather events have been well documented, it doesn’t take a major event to significantly impact property. Just a few inches of water can cause hundreds of thousands of dollars in damage. This coverage offering was created to help residential property owners plan for better outcomes when flood risk becomes a reality.

To learn more about Zurich Residential Private Flood Insurance, to find a Wright agent, or if you are an agent who wants to become a Wright partner, please visit

1 Federal Emergency Management Agency (FEMA). Data Visualization: Historical Flood Risk and Costs. Updated 10 May 2019.

2 Rating as of July 31, 2019. AM Best is under continuous review and subject to change and/or affirmation. For the latest Best’s Ratings and Best’s Company Reports (which include Best’s Ratings), visit the A.M. Best website at The rating represents the overall financial status of the individual member companies of Zurich in North America, including Zurich American Insurance Company, and is not a recommendation of the specific policy provisions, rates or practices of each issuing insurance company.

Insurance coverages underwritten by individual member companies of Zurich in North America, including Zurich American Insurance Company. Certain coverages not available in all states. Some coverages may be written on a nonadmitted basis through licensed surplus lines brokers.

Copyright © 2019 Zurich American Insurance Company. All rights reserved.