Titan Flood, a Tampa, FL-based managing general agent (MGA) specializing in the private residential flood market, received an investment from K2 Insurance.
The amount of the deal was not disclosed.
K2 will oversee its long-term strategy through participation on its board of directors.
Led by Stephanie Lee, CEO and Founder, Titan Flood MGA provides an AI based cloud native platform, delivering experiences across the value chain to provide residential flood insurance. The company helps homeowners understand their flood exposure, saving them time and money, while offering a way to buy insurance protection online. Its product will be distributed through independent agencies, direct-to-consumer and also using embedded channels via API. The integration of Titan’s platform into any app or website enables homeowners to learn more about their flood exposure and to buy flood protection while shopping for a new home, applying for a mortgage or buying homeowners insurance.
FinSMEs
02/10/2023