InsurTech startup Joe Flood launches backed by Chubb

The founders of Joe Flood Insurance Brokerage (JFIB) have launched a tech-based flood insurance wholesale brokerage.

JFIB was founded by Joe “Flood” Rossi, Art McKinney, and Chris St. George to deliver flood insurance technology, as well as a consultative underwriting approach to agencies of all sizes.

JFIB have also announced its status as a cover holder of Chubb European Group, with the unveiling of its own proprietary product on Chubb paper called Upstream.

JFIB will be releasing a quote platform to their partner agents in mid-2022. This technology will provide quotes and rate comparisons from many carriers including the JFIB proprietary product Upstream. The company said the technology will leverage industry data, and simplify the quoting, binding, and sales process.

In addition, JFIB provides additional flood insurance related services, such as risk scoring and property risk reports.

Joe Rossi, co-founder of JFIB, said, “We built JFIB to be agent-centric. Most of us at JFIB have either been an agent or owned an agency at some point in our careers. With the implementation of Risk Rating 2.0 and all the changes happening in the flood industry, we want to deliver our expertise and experience to agents to make their jobs simpler.”

Copyright © 2022 FinTech Global

Enjoying the stories?

Subscribe to our daily FinTech newsletter and get the latest industry news & research


The following investor(s) were tagged in this article.