FloodSimple Insurance Services
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.
- Company typePrivate
- Founded-
- HeadquartersDenver, United States
- Headcount1–10
- GTM typeB2C
- OfferingServices
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">
FloodSimple Insurance Services firmographics
Firmographics- 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
FloodSimple Insurance Services industry classification
Industry- Product category
- Flood Insurance
- SIC
- Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Flood Insurance (FSAJACAG)
Keywords
Where FloodSimple Insurance Services is headquartered
LocationHeadquarters
- HQ city
- Denver
- HQ country
- United States
- HQ region
- North America
Markets served
FloodSimple Insurance Services business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales
FloodSimple Insurance Services product offering
Product offeringCore 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.
Companies that use FloodSimple Insurance Services
Customer profileIdeal customer profiles1 record
FloodSimple Insurance Services technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
FloodSimple Insurance Services partnerships and signals
Strategic signalRecent moves2 records
Expansion highlights1 record
FloodSimple Insurance Services competitors and assessment
Company assessmentDirect 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
FloodSimple Insurance Services social profiles
Digital presenceFloodSimple Insurance Services financial estimates
Financial estimateRevenue estimate
Valuation estimate
FloodSimple Insurance Services leadership team
Management profileNumber of profiles
Profiles1 record
FloodSimple Insurance Services funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
FloodSimple Insurance Services M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about FloodSimple Insurance Services
What does FloodSimple Insurance Services do?
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.
Is FloodSimple Insurance Services a public or private company?
FloodSimple Insurance Services is a private company. It is classified as founder individual operated bootstrapped.
When was FloodSimple Insurance Services founded?
FloodSimple Insurance Services was founded in -1. It employs 1 to 10 people.
Where is FloodSimple Insurance Services based?
FloodSimple Insurance Services is headquartered in Denver, United States, in the North America region.
Who are FloodSimple Insurance Services's main competitors?
Direct peers on record are FloodInsurance.com, Wright Flood, The Flood Insurance Agency and Neptune Flood. Broad incumbents are Selective Insurance Group and Liberty Mutual Insurance. Butterfly Financial Group is listed as an emerging player. Neighborhood Insurance Services is listed as a regional player.
Does FloodSimple Insurance Services have an API?
No public API is recorded for FloodSimple Insurance Services.
What industry is FloodSimple Insurance Services in?
FloodSimple Insurance Services's product category is Flood Insurance. Its primary akta.pro industry code is FSAJACAG, Flood Insurance. Its SIC code is 6411.