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Flood insurance available through new online portal

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Victor O. Schinnerer & Co. Inc. on Monday said it has launched an insurance product that provides primary coverage for commercial and residential properties through the National Flood Insurance Program and excess coverage through the private market.

Schinnerer Flood lets brokers quote primary and excess coverage through an online portal, view all policies in relation to flood zones, access claims data and generate reports, the Chevy Chase, Maryland-based underwriting manager said in a statement.

Primary coverage is provided through Homesite Insurance Co. Excess coverage is offered through the Lloyd’s of London market, according to the statement.

The platform was developed by Torrent Technologies Inc., according to the statement.

“Schinnerer Flood is designed to provide brokers with an easy-to-use, comprehensive tool for policy issuance and retention management to ensure their clients are financially protected from flood damage,” Schinnerer President Brian Hanuschak said in the statement.