With climate change increasing the frequency of severe weather events, CartoFront is a software-as-service (Saas) company offering technology and digital solutions that make it easier for insurance providers to explain and sell flood insurance to homeowners.
Flood insurance is a historically underutilized insurance product, which leaves homeowners vulnerable and leaves an opportunity on the table for insurance providers. One of CartoFront’s solutions is a flood-quoting platform connecting insurance providers and homeowners (both current and prospective) with ready-to-bind quotes. This flood quoting platform can reside in various real estate transaction-based networks or can be white-labeled for use by enterprise clients.
As CartoFront evolves, the company intends to expand its solutions to other types of catastrophic insurance.