Scout InsurTech Interview with Titan Flood

Titan Flood is reimagining flood insurance for the modern era, delivering fast, tech-driven solutions and streamlined access to coverage across the United States. Chris Luiz sat with Will Grodman, Chief Distribution Officer, to learn more about how Titan Flood is impacting the industry.

Who are your clients?

Agencies, wholesalers, carriers, networks. Any channel selling flood insurance to their clients.

What does your product do? 

Titan Flood is an AI-powered insurtech that uses an algorithmic underwriting engine to evaluate, price and bind residential flood policies in minutes. Currently available in 15 states with building coverage up to $1.2 million, serving the private client space while also covering manufactured and mobile homes, a segment most private flood carriers avoid. 

How much capital have you raised? 

Our company is backed by K2/Warburg Pincus, providing significant backing for our technology infrastructure and market expansion.

Was the company born from within or outside the industry? 

Within. Our CEO Stephanie Lee has over 30 years of P&C insurance experience, including C-suite roles at leading flood and homeowners carriers. She founded Titan Flood with a clear vision: apply modern AI and data science to transform how flood risk is assessed and priced in an industry that has historically relied on outdated methodologies.

What growth metrics have you accomplished over the last 12 months? 

We completed our technology beta phase, validated our algorithmic underwriting models, and launched in 15 states with hundreds of agents actively writing. Our API integrations with major distribution partners are driving quote volume, and our automated underwriting achieves sub-second response times with high bind ratios.

Within your domain, what is the current challenge that the industry is facing? 

The flood insurance industry faces two interconnected challenges. First, the National Flood Insurance Program uses risk assessment methodologies that are decades out of date, resulting in pricing that doesn’t reflect actual property-level risk. Second, agents have been slow to recognize that private market carriers now offer superior coverage, better pricing, and faster service through technology driven underwriting. The opportunity lies in using AI and geospatial intelligence, combined with 30 years of P & C underwriting expertise to price risk accurately and deliver a frictionless digital experience.

How does Titan Flood take a unique approach to providing value? 

Our differentiation starts with technology. Unlike carriers that adapted legacy systems for flood, we built our platform from the ground up with AI-driven underwriting at the core. Our algorithms process more than 60 data points per property to generate risk scores that are more predictive than traditional methods, allowing us to offer competitive pricing on risks others avoid. We also cover manufactured and mobile homes, a segment most private flood carriers won’t touch because they lack the data models to price it accurately. Titan Flood solves this with purpose-built algorithms for these property types. With building limits up to $1.2 million, we serve everything from starter homes to the private client space, all through a single API that delivers instant quotes and automated binding.

What inspired the team to start this company? 

After years of working in flood insurance, we saw firsthand how the industry’s reliance on outdated risk assessment was failing both carriers and policyholders. The NFIP’s pricing methodology was developed before modern data science existed, and most private carriers simply layered new products onto old systems. We founded Titan Flood to prove that algorithmic underwriting could transform flood insurance, delivering better risk selection, faster service, and sustainable profitability. Our team combines deep insurance expertise with data science and engineering talent from leading technology companies, creating a culture that approaches insurance problems with a tech-first mindset.

Can you share any goal(s) for the next 12-months? 

Our priorities for the next 12 months center on scaling our technology advantage. We plan to expand to additional states, targeting 20+ by year end 2026. We’re deepening API integrations with strategic distribution partners to increase quote volume and production. On the product side, we’re enhancing our machine learning models with additional data sources to improve risk selection and pricing accuracy. We’re also investing in agent-facing tools that surface our risk insights, helping producers win business by explaining the true exposure to the homeowner. The goal is to establish Titan Flood as the technology leader in private flood while building a profitable, growing book.

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