TAMPA, FL – Prepared Insurance Company (PIC), a leading Florida P&C carrier, has been approved to participate in the Write Your Own Flood Program (WYO). This program will give Florida consumers the ability to purchase flood and homeowners insurance through one carrier and benefit from a more efficient claims process facilitated by a single company adjuster.

The National Flood Insurance Program (NFIP) was created to provide property owners the option to purchase insurance coverage to safeguard them against the risk of flood damage. The agency works closely with participating communities to adopt and enforce ordinances to meet the Federal Emergency Management Agency’s (FEMA) requirements in order to reduce the risk of flooding. The WYO Program operates as part of the NFIP and subject to its rules and regulations set forth by FEMA.

Acceptance into the WYO requires evaluation of several performance metrics including financial strength, exceptional service standards and a minimum of 5 years in the P&C business. As one of only 79 companies accepted nationwide, the comprehensive selection process illustrates the confidence FEMA has placed in Prepared to increase the geographic footprint of flood policies within the program.

“Many homeowners assume that if they are not located in a high risk flood zone (A or V), flood insurance isn’t necessary; however 25% of all flood insurance claims are submitted from outside of high risk areas,” said Stephanie Siewert, President & COO of Prepared Insurance Company. “Since homeowners insurance policies do not cover flood damage, we are pleased to offer this critical protection to our insureds.”

This consumer friendly program allows our independent agency partners direct access to offer flood coverage backed by the strength of the federal government. “Having the ability to offer a multi-policy discount is a welcomed advantage for our agency and our clients. Prepared is making it much easier for us to place flood insurance business accurately and efficiently for our customers,” said ProActive Insurance Agency owner, Mike Ryba in Naples, Florida.

PIC has partnered with Torrent Technologies, the second largest platform and service provider in the flood insurance industry, to process their flood policies. PIC offers personal and commercial flood policies throughout the State of Florida.

Be Protected. Get Prepared.

About Prepared Holdings, LLC (PHLLC)

Prepared Holdings, LLC (PHLLC) is the parent company in a consolidated group of companies writing personal homeowners’ business exclusively in the State of Florida. Prepared Insurance Company (PIC) is the primary operating company, headquartered in Tampa, Florida. PIC offers homeowners lines of business, including home, condo, rental and flood insurance, exclusively through 400 of the top independent agents in the State of Florida. Founded in 2009, the company reported total written premiums of $53.4M in 2014. For more information about Prepared Insurance Company, please visit the company website at www.preparedins.com