NormanMax Insurance Solutions

𝗗𝗼𝘄𝗻𝘁𝗶𝗺𝗲 𝗜𝘀 𝗪𝗵𝗲𝗿𝗲 𝗣𝗮𝗿𝗮𝗺𝗲𝘁𝗿𝗶𝗰 𝗗𝗲𝗹𝗶𝘃𝗲𝗿𝘀 𝗜𝘁𝘀 𝗚𝗿𝗲𝗮𝘁𝗲𝘀𝘁 𝗩𝗮𝗹𝘂𝗲

In a franchise system, interruption is often more damaging than physical loss.

Traditional policies focus on repairs. Parametric focuses on continuity.

𝗕𝘆 𝗱𝗲𝗹𝗶𝘃𝗲𝗿𝗶𝗻𝗴 𝗿𝗮𝗽𝗶𝗱 𝗹𝗶𝗾𝘂𝗶𝗱𝗶𝘁𝘆 𝗮𝗳𝘁𝗲𝗿 𝗮 𝗱𝗲𝗳𝗶𝗻𝗲𝗱 𝗲𝘃𝗲𝗻𝘁, 𝗽𝗮𝗿𝗮𝗺𝗲𝘁𝗿𝗶𝗰 𝗶𝗻𝘀𝘂𝗿𝗮𝗻𝗰𝗲 𝗵𝗲𝗹𝗽𝘀 𝗳𝗿𝗮𝗻𝗰𝗵𝗶𝘀𝗲𝗲𝘀:

• Cover payroll
• Maintain vendor relationships
• Reopen faster

𝗦𝗽𝗲𝗲𝗱 𝗶𝘀𝗻’𝘁 𝗷𝘂𝘀𝘁 𝗵𝗲𝗹𝗽𝗳𝘂𝗹. 𝗜𝘁’𝘀 𝗽𝗿𝗼𝘁𝗲𝗰𝘁𝗶𝘃𝗲 𝗼𝗳 𝘁𝗵𝗲 𝗲𝗻𝘁𝗶𝗿𝗲 𝘀𝘆𝘀𝘁𝗲𝗺.

𝗖𝘂𝗿𝗶𝗼𝘂𝘀 𝗵𝗼𝘄 𝘁𝗵𝗶𝘀 𝘄𝗼𝗿𝗸𝘀 𝗶𝗻 𝗮 𝗿𝗲𝗮𝗹 𝗳𝗿𝗮𝗻𝗰𝗵𝗶𝘀𝗲 𝗽𝗿𝗼𝗴𝗿𝗮𝗺? 𝗟𝗲𝘁’𝘀 𝘁𝗮𝗹𝗸.

𝗪𝗲𝗮𝘁𝗵𝗲𝗿 𝗱𝗼𝗲𝘀𝗻’𝘁 𝗱𝗶𝘀𝗰𝗿𝗶𝗺𝗶𝗻𝗮𝘁𝗲 𝗮𝗻𝗱 𝗻𝗲𝗶𝘁𝗵𝗲𝗿 𝘀𝗵𝗼𝘂𝗹𝗱 𝗽𝗿𝗼𝘁𝗲𝗰𝘁𝗶𝗼𝗻.

At NormanMax, we entered the weather business to solve one of the biggest challenges in insurance: helping businesses and communities recover faster from natural catastrophes.

Besides our flagship global solutions for hurricanes, earthquakes, and floods, we’ve expanded to cover the full spectrum of weather perils globally:

- Excess or Shortage of Rainfall
- Temperature variation
- Hailstorms
- Straight-line Winds & Tornadoes
- Snowfall

With objective, independent triggers (wind speeds, rainfall amounts, hail size, seismic activity, etc.) and fast, no-deductible payouts, our no-deducible products bring resilience to clients across markets, from North America to LATAM, Europe, and beyond.

𝗡𝗼𝗿𝗺𝗮𝗻𝗠𝗮𝘅 𝗦𝘆𝗻𝗱𝗶𝗰𝗮𝘁𝗲 𝟯𝟵𝟯𝟵 𝗔𝗻𝗻𝗼𝘂𝗻𝗰𝗲𝘀 𝗣𝗮𝗿𝗮𝗺𝗲𝘁𝗿𝗶𝗰 𝗘𝗮𝗿𝘁𝗵𝗾𝘂𝗮𝗸𝗲 𝗦𝗼𝗹𝘂𝘁𝗶𝗼𝗻 𝗶𝗻 𝗣𝗮𝗿𝘁𝗻𝗲𝗿𝘀𝗵𝗶𝗽 𝘄𝗶𝘁𝗵 𝗠𝗶𝗹𝗹𝗲𝗿 𝗮𝗻𝗱 𝗦𝗣𝗚 𝗖𝗮𝗻𝗮𝗱𝗮

𝘓𝘰𝘯𝘥𝘰𝘯 / 𝘝𝘢𝘯𝘤𝘰𝘶𝘷𝘦𝘳 - NormanMax Syndicate 3939, in collaboration with Miller Insurance and Specialty Program Group Canada, today announced the launch of a new parametric earthquake solution for commercial property owners in British Columbia.

The product is designed to address rising deductibles and limited access to traditional earthquake coverage. It provides pre-agreed payouts triggered by independent seismic data, enabling rapid claims settlement and financial support when it is needed most.

“NormanMax is pleased to partner with Miller and SPG Canada to bring this innovative program to the British Columbia market,” said Brad Meier, Chairman, President and Chief Executive Officer of NormanMax. “As the first-ever syndicate at Lloyd’s dedicated to parametric natural catastrophe solutions, NormanMax shares the goals of our partners in bringing fully transparent, rapidly settling coverage options to the Canadian market supported by Lloyd’s security and licensing.”

NormanMax Syndicate 3939 is the first syndicate at Lloyd’s dedicated exclusively to parametric natural catastrophe insurance, offering innovative products to close the global protection gap.

Miller Announce Parametric Earthquake Solution With SPG Canada & NormanMax Syndicate 3939 Miller partners with SPG Canada & NormanMax to launch a first-of-its-kind parametric earthquake risk solution for British Columbia.

We'll be attending 𝗥𝗲𝗻𝗱𝗲𝘇-𝗩𝗼𝘂𝘀 𝗱𝗲 𝗦𝗲𝗽𝘁𝗲𝗺𝗯𝗿𝗲 (𝗥𝗩𝗦) 𝗶𝗻 𝗠𝗼𝗻𝘁𝗲 𝗖𝗮𝗿𝗹𝗼𝘀, connecting with industry leaders, exploring innovation in risk management, and sharing how NormanMax is redefining parametric (re)insurance.

Please reach out to our team on-site:

𝗦𝘁𝘂𝗮𝗿𝘁 𝗡𝗲𝘄𝗰𝗼𝗺𝗯𝗲 - 𝘀𝗻𝗲𝘄𝗰𝗼𝗺𝗯𝗲@𝗻𝗼𝗿𝗺𝗮𝗻𝗺𝗮𝘅.𝗰𝗼𝗺

𝗪𝗲’𝗹𝗹 𝗯𝗲 𝗮𝘁𝘁𝗲𝗻𝗱𝗶𝗻𝗴 𝗟𝗔𝗔𝗜𝗔 - Latin American Association of Insurance Agencies - LAAIA 𝟱𝟱𝘁𝗵 𝗔𝗻𝗻𝘂𝗮𝗹 𝗖𝗼𝗻𝘃𝗲𝗻𝘁𝗶𝗼𝗻 𝗶𝗻 𝗠𝗮𝗿𝗰𝗼 𝗜𝘀𝗹𝗮𝗻𝗱 — connecting with industry leaders, exploring innovation in risk management, and sharing how NormanMax is redefining parametric insurance.

From hurricane to earthquake and flood — we’re here to talk triggers, speed, and simplicity. We’d love to connect. Please reach out to our team on-site:

Jonathan Friedland - [email protected]
Francesca Finucane - [email protected]

𝗣𝗹𝗲𝗮𝘀𝗲 𝗲-𝗺𝗮𝗶𝗹 𝘂𝘀 𝘁𝗼 𝗮𝗿𝗿𝗮𝗻𝗴𝗲 𝗮 𝗺𝗲𝗲𝘁𝗶𝗻𝗴!

𝗜𝗻𝗱𝗲𝗽𝗲𝗻𝗱𝗲𝗻𝗰𝗲 𝗺𝗲𝗮𝗻𝘀 𝗳𝗿𝗲𝗲𝗱𝗼𝗺 - 𝗮𝗻𝗱 𝗮𝘁 𝗡𝗼𝗿𝗺𝗮𝗻𝗠𝗮𝘅, 𝘄𝗲 𝗯𝗲𝗹𝗶𝗲𝘃𝗲 𝘁𝗵𝗮𝘁 𝘀𝗵𝗼𝘂𝗹𝗱 𝗲𝘅𝘁𝗲𝗻𝗱 𝘁𝗼 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗿𝗲𝗰𝗼𝘃𝗲𝗿𝘆 𝗮𝗳𝘁𝗲𝗿 𝗱𝗶𝘀𝗮𝘀𝘁𝗲𝗿.

Our mission is to give businesses and property owners peace of mind through fast, transparent No-Deductible insurance. As we celebrate July 4th, we honor not just the past, but the responsibility to offer and develop solutions that better protect the future.

𝗪𝗶𝘀𝗵𝗶𝗻𝗴 𝗼𝘂𝗿 𝗽𝗮𝗿𝘁𝗻𝗲𝗿𝘀, 𝗯𝗿𝗼𝗸𝗲𝗿𝘀, 𝗮𝗻𝗱 𝗰𝘂𝘀𝘁𝗼𝗺𝗲𝗿𝘀 𝗮 𝘀𝗮𝗳𝗲 𝗮𝗻𝗱 𝗰𝗲𝗹𝗲𝗯𝗿𝗮𝘁𝗼𝗿𝘆 𝗙𝗼𝘂𝗿𝘁𝗵 𝗼𝗳 𝗝𝘂𝗹𝘆!

𝗛𝗮𝗽𝗽𝘆 𝗜𝗻𝗱𝗲𝗽𝗲𝗻𝗱𝗲𝗻𝗰𝗲 𝗗𝗮𝘆! 🇺🇸

𝗙𝗹𝗼𝗿𝗶𝗱𝗮 𝗘𝗹𝗶𝗺𝗶𝗻𝗮𝘁𝗲𝘀 “𝗗𝗶𝗹𝗶𝗴𝗲𝗻𝘁 𝗘𝗳𝗳𝗼𝗿𝘁” 𝗥𝗲𝗾𝘂𝗶𝗿𝗲𝗺𝗲𝗻𝘁 𝗳𝗼𝗿 𝗦𝘂𝗿𝗽𝗹𝘂𝘀 𝗟𝗶𝗻𝗲𝘀 — 𝗘𝗳𝗳𝗲𝗰𝘁𝗶𝘃𝗲 𝗝𝘂𝗹𝘆 𝟭, 𝟮𝟬𝟮𝟱

Florida Governor recently signed HB 1549, which removes the existing mandate for agents to obtain three written declinations from admitted carriers before placing coverage with surplus lines insurers - a change effective July 1.

𝗪𝗵𝘆 𝗶𝘁 𝗺𝗮𝘁𝘁𝗲𝗿𝘀
- Streamlines placement process: Agents no longer need to chase declinations, reducing administrative burden - a move praised by the Florida Association of Insurance Agents

- Enhanced disclosure: Surplus lines disclosures will now clearly state that these insurers’ policy rates and forms are not approved by any Florida regulatory agency.

- Consumer acknowledgement: Once signed, policyholders are presumed to understand coverage risks and that alternatives may exist.

𝗪𝗵𝗮𝘁’𝘀 𝗻𝗲𝘅𝘁
- For policies issued before July 1: Agents must continue to follow the current three-declination rule.

- Operational impact: The Florida Surplus Lines Insurance Office and FAIA are updating all forms and guidance to reflect these changes.

𝗕𝗼𝘁𝘁𝗼𝗺 𝗹𝗶𝗻𝗲
This regulatory shift marks a step forward for efficiency in Florida’s surplus lines market - reducing friction for agents while reinforcing informed consumer choice and transparency.

𝗛𝗮𝘃𝗲 𝗾𝘂𝗲𝘀𝘁𝗶𝗼𝗻𝘀 𝗼𝗻 𝗵𝗼𝘄 𝘁𝗵𝗶𝘀 𝗶𝗺𝗽𝗮𝗰𝘁𝘀 𝘆𝗼𝘂𝗿 𝘀𝘂𝗿𝗽𝗹𝘂𝘀 𝗹𝗶𝗻𝗲𝘀 𝗽𝗹𝗮𝗰𝗲𝗺𝗲𝗻𝘁𝘀?
Please reach out to us at [email protected] - we’re happy to help clarify how this affects your coverage strategy.

𝗘𝘃𝗲𝗿𝘆 𝗛𝘂𝗿𝗿𝗶𝗰𝗮𝗻𝗲 𝗤𝘂𝗼𝘁𝗲, 𝗕𝗮𝗰𝗸𝗲𝗱 𝗯𝘆 𝗗𝗮𝘁𝗮: 𝗪𝗵𝘆 𝗕𝗮𝗰𝗸𝘁𝗲𝘀𝘁𝗶𝗻𝗴 𝗠𝗮𝘁𝘁𝗲𝗿𝘀 𝗮𝘁 𝗡𝗼𝗿𝗺𝗮𝗻𝗠𝗮𝘅

𝗛𝗶𝘀𝘁𝗼𝗿𝗶𝗰𝗮𝗹 𝗣𝗲𝗿𝗳𝗼𝗿𝗺𝗮𝗻𝗰𝗲
Back-testing allows us to analyze how our No-Deductible Hurricane Insurance Solutions would have performed during past hurricanes - offering clear insight into reliability and potential value in your risk transfer strategy.

𝗖𝗼𝗻𝗳𝗶𝗱𝗲𝗻𝗰𝗲 𝗶𝗻 𝗬𝗼𝘂𝗿 𝗗𝗲𝗰𝗶𝘀𝗶𝗼𝗻𝘀
By analyzing real-word data, you can assess how our solutions align with your risk management strategy - so you can make confident, informed decisions.

𝗔 𝗣𝗮𝗿𝘁𝗻𝗲𝗿 𝗬𝗼𝘂 𝗖𝗮𝗻 𝗧𝗿𝘂𝘀𝘁
Backtesting isn’t just about looking back—it’s about improving forward. We use these insights to refine our solutions, so they are tailored to meet your needs effectively and transparently.