Wright Flood to acquire assets of Poulton Associates
Wright National Flood Insurance announced that its affiliate, Wright National Flood Insurance Services, an operating company of Arrowhead Programs, has entered into an agreement to acquire the assets of Poulton Associates, one of the top providers of private flood insurance in the country.
This acquisition makes Wright Flood the largest provider of flood insurance in the U.S. The transaction is expected to close in November 2025, subject to certain conditions.
Poulton Associates, headquartered in Salt Lake City, owns and operates the web platform, www.CATcoverage.com, and has been a leader in provisioning risk services since 1989. The organization provides coverage through its popular National Catastrophe Insurance Program (NCIP) as well as other insurance offerings.
“This is an exciting day. By bringing our complementary teams together, the future of flood looks ‘Wright.’ Our offerings are complementary, and producers and customers stand to benefit. It’s a true win-win and we look forward to all we’ll accomplish, together.” – Blake Poulton, president of Poulton Associates.
“We look forward to welcoming the Poulton team. Our organizations share a similar culture and a dedicated focus on providing comprehensive flood insurance and related protections to policyholders. The combination of our teams will enable us to deliver greater value to our customers, while also increasing the number of properties covered by flood insurance.” – Wright Flood CEO and Chief Program Advocate Patty Templeton-Jones.
“Poulton has long been recognized as one of the top companies in the flood insurance space. Together, Wright Flood and Poulton will present the largest and most comprehensive flood insurance offerings in the market. The combined knowledge will continue to provide a critical insurance solution for policyholders facing very real flood risks and help ensure that claimants get back on their feet when they really need the help – after a loss.” – Tom Kussurelis, president of Arrowhead Programs.
