Wright Flood Acquires Poulton Associates Assets

Wright Flood Announces Agreement to Acquire Assets of Poulton Associates

Acquisition makes Wright Flood the largest flood insurance provider in the United States

Wright National Flood Insurance Company has announced that its affiliate, Wright National Flood Insurance Services, has entered into an agreement to acquire the assets of Poulton Associates, one of the top providers of private flood insurance in the nation. This strategic acquisition makes Wright Flood the largest provider of flood insurance in the United States.

Wright Flood CEO and Chief Program Advocate Patty Templeton-Jones said, “We look forward to welcoming the Poulton team. Our organizations share a similar culture and a dedicated focus on providing comprehensive flood insurance and related protections to policyholders.

“We will be working rapidly to integrate and provide more opportunities for all our agents in the near future,” Templeton-Jones said. “The combination of our teams will enable us to deliver greater value to our customers, while also increasing the number of properties covered by flood insurance.”

Poulton Associates, headquartered in Salt Lake City, owns and operates the web platform, www.CATcoverage.com, and has been a leader in provisioning risk services since 1989. The organization provides coverage through its popular National Catastrophe Insurance Program (NCIP) as well as other insurance offerings.

“This is an exciting day,” said Blake Poulton, president of Poulton Associates. “By bringing our complementary teams together, the future of flood looks ‘Wright.’ ”

Wright Flood, the nation’s leading provider of federal flood insurance, is widely recognized for its 40 years of industry experience and long-standing commitment to supporting agents and policyholders, especially at the time of a loss.

“Our offerings are complementary, and producers and customers stand to benefit,” Poulton added. “It’s a true win-win and we look forward to all we’ll accomplish, together.”

Marissa Skinner, Poulton’s managing director, said she is confident this partnership represents an exciting evolution for both companies.

“By joining forces with Wright Flood, we can amplify our commitment to innovative risk solutions and deliver even greater value to our clients and partners,” Skinner said. “Together, we’re building a stronger foundation for the future of flood insurance.”