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Neptune Flood Insurance
Categories
Insurance Providers Insurance- Flood
About
Neptune Flood utilizes advanced technologies and a sophisticated algorithm that provides customers with a flood insurance policy in three minutes or less. This revolutionary approach to pricing flood risk often results in savings over the NFIP of up to 25%, offers superior coverages, and is available to households in all flood zones. Founded in St Petersburg in 2017, Neptune provides flood insurance in 38 states across the US. Neptune Flood was founded in 2016 by insurance and technology industry veterans, including CEO Jim Albert, with a goal of bringing advanced analytics and extreme ease of use to the flood insurance market. Neptune Flood's policies are currently backed by some of the largest reinsurers in the world, and rated 'A' (Excellent) by A.M. Best or better. Neptune launched its product in early 2017 in Florida, and later in the year achieved the designation of Lloyd's cover holder with authority to provide flood insurance throughout the US. In January 2018, Neptune raised over $2 million in seed financing led by C1 Bank founder and former CEO Trevor Burgess who now serves as Neptune’s Chairman.
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