Burns & Wilcox, a wholesale insurance broker and underwriter, has announced that its Hiscox FloodPlus insurance product is now available through its automated platform, IssueQuick.

Flood risks, which are often underinsured, are a major challenge in the United States, says Brad Turner, vice president and national flood product manager at Burns & Wilcox.

Hiscox FloodPlus aims to provide a more streamlined way for insurance brokers and agents to manage flood risk policies by combining risk modelling and claims data through the unique Flood API.

Meanwhile, IssueQuick allows users to get quotes, renew and manage policies more efficiently. The platform covers both residential and commercial properties, simplifying the process for insurance professionals.

Tom King, an insurance executive at Hiscox, said that IssueQuick, beyond being a purely technical solution, helps deepen understanding and management of complex flood risks. He said this not only supports brokers and agents, but also expands the availability of essential insurance cover.

Burns & Wilcox specializes in primary and supplementary flood insurance, and also offers standard flood coverage, which relies on physical sensors to detect flooding. This approach allows for quick and straightforward reimbursement based on pre-defined terms related to the client’s budget and risk exposure.

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