Starwind Specialty Insurance Services, a division of CRC Group, has introduced a new flood-focused property insurance program targeting residential and commercial risks nationwide.
The new initiative, Starwind Flood Placement Services (Starwind FPS), is designed to address gaps in flood and specialty property coverage. According to the company, the program offers national availability, delegated underwriting authority and compliance with federal standards, along with tools and resources for agents navigating increasingly challenging market conditions.
The rollout comes as insurers across the US property market face rising loss costs, reduced capacity and growing regulatory complexity.
“Floods come without warning; they strike anywhere, at any time,” said Patrick Small, president of Starwind FPS. “Our mission is to simplify complex coverage types and deliver meaningful protection where it’s needed most.”
The launch comes amid a shifting property insurance landscape in the US. Intensifying natural disasters, inflationary pressures and capacity constraints have prompted several major insurers to scale back or exit high-risk states. At the same time, changes to the National Flood Insurance Program (NFIP) and increased private sector participation are reshaping how flood risk is underwritten and distributed.
The company said Starwind FPS will enter this environment with an approach that combines technology, underwriting authority and agent education. It added that the new program aims to improve placement efficiency, reduce errors and omissions exposure and help agents identify opportunities to cross-sell flood coverage in both residential and commercial contexts.
“Our strength lies in empowering agents with real experience, not algorithms, to protect every client in every zone,” said Small.
William Goldstein, CEO of Starwind Specialty’s underwriting division, said the program aligns with the company’s strategy to expand its national footprint and adapt to evolving market needs.
“This program builds on the strength of Starwind Specialty by expanding our reach and deepening our commitment,” Goldstein said.
In May, the company introduced four insurance programs aimed at addressing specific industry risks, including political violence and terrorism, construction equipment and cannabis.
