Flood Insurance Producers National Committee (FIPNC)
In 2020, Joe Flood was appointed to the Flood Insurance Producers National Committee (FIPNC) by the Independent Insurance Agents and Brokers Association (IIABA) otherwise known as the Big I.
This national committee works closely with the Federal Insurance and Mitigation Administration (FIMA) to provide expertise in the areas of flood insurance product design and development, insight on marketing and servicing the National Flood Insurance Program (NFIP), and guidance in the overall operation of the NFIP. The FIPNC also provides professional advice and counsel on all issues related to insurance agents’ involvement in the NFIP and flood insurance.
Joe Flood is one of only six agents nationally on the committee and one of two representatives from the IIABA.
Members of FIPNC. FIPNC is made up of the nations three major insurance associations: Council of Insurance Agents and Brokers (CIAB), Independent Insurance Agents and Brokers of America (IIABA), and the National Association of Professional Insurance Agents (PIA)
The FIPNC mission. The Flood Insurance Producers National Committee (FIPNC) provides professional advice and counsel on all issues related to producers’ involvement in the NFIP. FIPNC also assists the Federal Insurance Administration (FIMA) with expertise in the areas of flood insurance product design and development, producer education, the realities of marketing and servicing the National Flood Insurance Program (NFIP), and the community/buyer temperament.
What does FIPNC do?
FIPNC periodically brings together a small group of professionals who serve as representatives of formally established professional constituencies. These members represent tens of thousands of insurance agents, brokers and their employees, as well as the millions of policyholders served by the NFIP, and the communities in which they live and work. The objectives of their efforts are the profitable growth and development of the NFIP on an actuarially sound basis to stand as a premier model of the benefits of combining of the efforts of government, business and the individual in service of US citizens and communities related to flood insurance and the mitigation risk management.
How did FIPNC start?
The Flood Insurance Producers National Committee (FIPNC) was formed by the Federal Insurance Administrator (Administrator) in 1982 to assist the Administrator in improving and expanding the National Flood Insurance Program (NFIP), its book of business and the communities participating in the NFIP. The purpose of FIPNC is to be a direct and honest communication channel for the Administrator, as well as provide real marketplace and program operational experiences about NFIP.