FloodSimple Insurance Services

What FloodSimple Insurance Services does

FloodSimple Insurance Services is a Denver-based, privately held insurance agency operating under the domain floodsimple.com. Per its short description, the firm provides flood insurance, a guidance service, and customer service. The company is structured as a for-profit private entity with a headcount range of 1–10 employees and is led by Founder and CEO Stephen Schramke. Its geographic footprint is centered in the United States, with its office in Denver.

The company's offering centers on the distribution of flood insurance, a specialized line of coverage in the United States that is largely underwritten through the National Flood Insurance Program (NFIP) and Write Your Own (WYO) carrier partners; however, the input data does not disclose which carrier appointments, NFIP direct or WYO arrangements, or private flood market participations FloodSimple holds. The firm layers a guidance service onto policy distribution, indicating a positioning oriented toward customer hand-holding through a coverage purchase that is widely regarded as technically complex. The website serves as the primary digital touchpoint, consistent with a direct-to-consumer or hybrid online distribution model, though the source data does not specify whether policies are bound online, quoted online with offline binding, or mediated via phone/email.

Commercially, the firm monetizes via standard insurance agency economics — commissions on bound flood insurance policies — but pricing models, commission schedules, average premium, customer segments (individual homeowners, renters, small commercial, etc.), policy count, and revenue are not disclosed in the provided data. Beyond the website and founder identification, there is no evidence of mobile applications, APIs, third-party integrations, partnerships, awards, certifications, intellectual property, funding, M&A activity, or strategic announcements. The overall picture is of a small, founder-led agency whose publicly observable footprint is limited to its domain, leadership identity, and stated product focus on flood insurance and related guidance. <parameter name="customer_concentration">

Name

FloodSimple Insurance Services

Website

https://floodsimple.com

Company type

Private

Headcount range

1–10 employees

Short description

FloodSimple Insurance Services is a Denver-based, privately held insurance agency with one to ten employees that distributes flood insurance products and provides related guidance and customer service to its customers.

Ownership category

akta.pro rank

Product category

Flood Insurance

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Flood Insurance (FSAJACAG)

Keywords

• Flood insurance
• Insurance agency
• Property insurance
• Insurance guidance
• Risk advisory

Headquarters

HQ city

Denver

HQ country

United States

HQ region

North America

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales

Core offering

FloodSimple Insurance Services provides flood insurance to property owners and supplements the policy purchase with a guidance service and customer service to help clients understand and select appropriate coverage. The company operates as a specialized insurance agency focused on flood risk.

Product overview

No product information available in the source data.

Differentiator

Problem solved

Functional benefit

Products and services

• Flood Insurance Flood insurance coverage provided to property owners to protect homes and residential properties against flood-related damage.
• Insurance Guidance Service Advisory service that helps customers understand flood insurance requirements, navigate coverage options, and select appropriate policies.
• Customer Service Ongoing customer service support for flood insurance clients to assist with policy questions, renewals, and claims-related inquiries.

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves2 records

Expansion highlights1 record

Direct peers

• FloodInsurance.com: FloodInsurance.com is a direct-to-consumer flood insurance agency offering quotes and binding online. Like FloodSimple, it focuses purely on flood coverage and competes for the same digital, self-serve customer.
• Wright Flood: Wright Flood is one of the largest independent flood insurance agencies in the US, specializing exclusively in NFIP and private flood coverage. It directly competes with FloodSimple in flood placement, customer service, and agent-based distribution.
• The Flood Insurance Agency: The Flood Insurance Agency is a specialty agency writing NFIP and private flood policies for residential and commercial customers. It overlaps with FloodSimple in product, customer base, and distribution approach.
• Neptune Flood: Neptune Flood is an insurtech-focused flood insurance MGA/carrier enabling digital flood quoting and binding. It competes with FloodSimple for the same online flood customer and represents the more technologically enabled end of the market.

Broad incumbents

• Selective Insurance Group: Selective Insurance is a regional P&C carrier that includes flood as part of a broader commercial and personal lines portfolio. It is comparable to FloodSimple as a flood provider but competes from a much broader, multi-line position.
• Liberty Mutual Insurance: Liberty Mutual is a national P&C carrier offering flood coverage alongside auto, home, and commercial lines. It overlaps with FloodSimple on the flood product but sells it as part of a much larger diversified insurance franchise.

Emerging players

• Butterfly Financial Group: Butterfly Financial Group is a smaller specialty insurance agency that has built a focus on flood and coastal property risks. It is comparable to FloodSimple as an emerging specialist targeting the same niche customer with limited headcount.

Regional players

• Neighborhood Insurance Services: Neighborhood Insurance Services is a regional agency network with dedicated flood offerings in select US markets. It is comparable as a flood-placement intermediary but competes primarily in specific geographies versus FloodSimple's broader digital reach.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat1 record

Key risks4 records

Key highlights4 records

Customer concentration

• LinkedInlinkedin.com/company/floodsimple-insurance-services

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about FloodSimple Insurance Services