Behind The Deal: PIA and Floodbroker.com

How did a big-time association link up with a website? It all starts locally, of course. The National Association of Professional Insurance Agents formed a partnership with Floodbroker.com, an online tool for consumers to get quotes and for agents to get leads. The association’s 10,000 member agencies will be the only group to have access to the tool, created by NY-based insurance agent Evan Spindelman. The partnership came together through one of PIA’s state associations, which has become a trend for the DC-based national association. PIA marketing VP Alexi Papandon (pictured) says it’s preferable to try out new products and service in a small population through one of its state chapters rather than roll out something on a national level.

Evan created Floodbroker.com and then introduced it to one of the Northeast chapters of PIA. The national association saw its success and decided it would work well nationally. Alexi says selling flood insurance has been notoriously cumbersome. Different flood zones make it complicated, along with requirements for consumers to have flood insurance in some areas of the country. But with the rise of flooding, the association is pushing for more flood coverage. Members will pay to use it and PIA will get a royalty based on the sales generated. Alexi says he expects at least 1,000 agents to start using it.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Washington, D.C. Newsletters
Related Stories

270-Unit Manassas Gated Community Sells: The D.C. Deal Sheet

BXP Closes In On Next D.C. Office Development As It Shrinks Assets

How Metropolis Is Bringing Parking Into The Future With AI And Recognition Technology

Montgomery County Approves 18-Month Data Center Moratorium

With New $250M Deal, Elme Is Fully Set To Liquidate

Simpson Thacher Appears In Talks For What Could Be One Of D.C.'s Largest Office Leases In 2026

Hines Nabs 4 Prince William Housing Sites: The D.C. Deal Sheet

AvalonBay Sells 217-Unit Community Next To Greensboro Metro

GSA Head Says Federal Government Has 'Place To Play' In Southwest D.C. Redevelopment

Downtown D.C. Office In Receivership Hits Market For Conversion

Nonprofit Takes On $105M Silver Spring Project: The D.C. Deal Sheet

Janeese Lewis George Wants To Stabilize Rent. The Question Is How