The time for action is now.

Hurricane Ian made its first US landfall just shy of a Category 5 hurricane on southwest Florida’s Gulf Coast, traveling through the state into the Atlantic. It then struck South Carolina as a Category 1 storm. Along this path, Ian dumped massive amounts of rain and caused horrific flooding. However, Ian wasn’t done wreaking havoc. As the storm continued up the mid-Atlantic and Northeast, mixing with other systems, Ian caused even more flooding.

At the heart of all this are millions of people. Lives have been turned upside down. Businesses and livelihoods have been destroyed by floodwaters. Most homeowners do not have flood insurance. Our hearts go out to those who need help and resources to recover. Our families, friends, colleagues, and communities… their health, safety, and peace of mind is what matters.

The time for action is now. It’s imperative to dramatically shrink the US flood insurance gap. This report outlines our actions to achieve this goal, actions both of Torrent and Marsh McLennan in helping lead the charge, and of the climate resilience commitments of Marsh McLennan.