Brollygraph

Brollygraph (now operating as Waterbear) is an AI-native flood insurance specialist focused on the US property market. The company writes purpose-built flood insurance programs priced at the building level rather than by ZIP code, targeting the approximately 23 million US properties at flood risk where only 1 in 5 are currently protected. Its proprietary risk selection technology matches each property to the right program using building-level flood risk signals, with programs backed by carrier capacity and available via APIs, an agent portal, or existing workflows. Waterbear targets roughly 77% of NFIP policies facing rapid price increases under Risk Rating 2.0, and serves specialists, agents in the field, and property owners through distinct AI-powered workspaces. The platform integrates distribution, risk selection, and program management into a single architecture with explainable, physics-based stochastic risk modeling.