|By PR Newswire||
|January 31, 2014 07:40 AM EST||
ST. PETERSBURG, Fla., Jan. 31, 2014 /PRNewswire-iReach/ -- Wright Flood, the federal flood insurance market share leader across the US, announced a partnership with Homeowners of America Insurance Company (HOAIC),a Texas-based property and casualty insurance company known to provide top quality products and services, to offer federal flood policies under the Homeowners of America Flood Insurance brand name. Wright Flood's industry-leading expertise in flood claims management and 30 year policy processing experience will now serve Homeowners of America Flood Insurance policyholders in Texas. "Flood insurance is Wright Flood's only insurance product. At Wright Flood, we pay claims without the potential for conflict with any other property coverage," said Henry Neal Conolly, President. "Wright Flood employs the largest full time flood claims staff in the industry, to adjust and timely pay losses." Within the first 90 days after Superstorm Sandy, Wright Flood closed or advanced payment to nearly 70% of its 20,000 claimants; while the flood industry was generally criticized for a closed claim rate that reportedly reached just 30%.
"In Texas, our policyholders understand the need for flood insurance and pairing with Wright Flood strengthens the Homeowners of America Flood Insurance brand in our target market. Wright Flood's flood claims strength will serve our policyholders well, "said Spencer W. Tucker, President and CEO of HOAIC.
About Wright Flood:
Wright Flood, formerly Fidelity National Flood, provides federal flood insurance, excess flood coverage and leading industry expertise, earning an A- (Excellent) rating from A.M. Best. As the largest flood provider in the nation, Wright Flood takes pride in user-friendly technology, exceptional claims reputation and providing the service that clients deserve. We think that is the measure of the right relationship. Agents and consumers may visit us at www.wrightflood.com. Wright Flood is a member of The Wright Insurance Group headquartered in Uniondale, New York. More information is available at www.wrightinsurance.com. Contact: Dolores D. Glass 866-373-5663 X-7651 [email protected].
About Homeowners of America Insurance Company (HOAIC):
Homeowners of America Insurance Company is a Texas-based property and casualty insurance company committed to providing top quality products and services to our customers. Homeowners of America has been given an "A" exceptional rating by Demotech, Inc. At HOAIC, our goal is to be both efficient and easy to work with. This starts with our user friendly internet based rating platform, our professional, courteous and personal customer service and our excellent claims service. Our motto is "We won't rest until we're the best". Our Agents and Customers can visit us at www.hoaic.com. HOAIC is a subsidiary of Homeowners of America Holding Corporation. Contact: Melissa Kelley, 866-407-9896 X4263 or [email protected].
Media Contact: Dolores Glass, Wright Flood, 866-373-5663 X-7651, [email protected]
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SOURCE Wright Flood