HSCM backs insurtech MGA’s ‘patent-pending’ flood risk technology

reThought Insurance, a managing general agency focused on US commercial flood risks, has raised $10.5 million in a Series B funding from re/insurer Hudson Structured Capital Management and other strategic investors for its “patent-pending” technology that offers “highly granular, proprietary” view of flood risk for every building in the US.

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reThought Insurance, HSCM, Flood insurance, MGA, Technology, Insurance, Reinsurance, Risks, North America

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HSCM backs insurtech MGA’s ‘patent-pending’ flood risk technology

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