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Platinum Specialty Underwriters, an underwriting firm specializing in hard-to-insure risks, has made a strategic acquisition with the purchase of Flood Risk Solutions.
Established in 2017 by Brendan Moeller and Eugene Podokshik, Flood Risk Solutions offers commercial and residential solutions under one accessible platform. FRS tools include a flood insurance multi-rater and parametric insurance. ‘Joining forces with Platinum Specialty Underwriters represents a remarkable milestone for Flood Risk Solutions. This partnership enables us to amplify our impact and fulfill our mission of democratizing access to flood insurance.” – Eugene Podokshik, cofounder of FRS. “Together, we are poised to revolutionize the flood insurance industry and better serve the needs of our clients. Our aligned commitment to excellence and customer-centric approach will set a new standard in the industry, ensuring that our clients receive unparalleled support and protection in the face of increasing flood risks.” – Brendan Moeller, cofounder of FRS. “Platinum invests in underwriting teams and businesses with a collaborative entrepreneurial ethos, mirroring Flood Risk Solutions’ unwavering commitment to excellence. Their cutting-edge systems streamline the entire process, empowering individuals and businesses to secure the protection they need at the most competitive pricing available.” – Jeff Heath, President at Platinum Specialty Underwriters. SOURCE: coverager.com/platinum-acquires-flood-risk-solutions/ Comments are closed.
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Certain Principals of TAG Financial Institutions Group, LLC are registered representatives of TAG Capital Partners, LLC Member FINRA, SIPC. TAG Financial Institutions Group, LLC and TAG Capital Partners, LLC are separate affiliated entities. Securities and Investment Banking Services are offered through TAG Capital Partners, LLC.
TAG Capital Partners, LLC is not a chartered bank or trust company, or depository institution. It is not authorized to accept deposits or trust accounts and is not licensed or regulated by any state or federal banking authority. Alternative investments are speculative, involve a high degree of risk and are not suitable for all investors. Complete loss of principal is possible. Private placements are unregistered securities, considered illiquid and long-term investments. Distributions are not guaranteed.
TAG Capital Partners, LLC is not a chartered bank or trust company, or depository institution. It is not authorized to accept deposits or trust accounts and is not licensed or regulated by any state or federal banking authority. Alternative investments are speculative, involve a high degree of risk and are not suitable for all investors. Complete loss of principal is possible. Private placements are unregistered securities, considered illiquid and long-term investments. Distributions are not guaranteed.