FEMA officially announces Risk Rating 2.0 for Flood Risks.

FEMA officially announced Risk Rating 2.0 last Thursday as a change to the National Flood Insurance Program’s risk rating methodology, affecting new policies beginning Oct. 1, 2021 and renewals after April 1, 2022. These changes present a dramatic shift in pricing for risk and insurance professionals to analyze, especially as FEMA’s flood map data evolves.

Connect with our team to see how Maptycs allows organizations to quickly and effectively adjust their risk strategies with these new changes.

#risktech #insurtech #climaterisk #NFIP

https://www.fema.gov/flood-insurance/work-with-nfip/risk-rating

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