Florida-based Neptune Flood, a commanding name in the private flood insurance request, has achieved a major corner by exceeding $300 million in decoration in force, covering over 235,000 policyholders and securing more than $100 billion in insured means.
This accomplishment highlights Neptune’s sustained growth and fidelity to advancing private flood insurance results using advanced technology, prophetic underwriting models, and a charge to shield homeowners and businesses from rising flood tide pitfalls.
Since its launch in 2018, Neptune has grown to become a dominant player in Florida and has expended over $250 million in claims to date. The establishment presently operates across 49 countries and Washington, DC, with Alaska soon joining the network.
Neptune offers a range of innovative insurance products, including primary and redundant flood insurance and parametric earthquake content, delivered in collaboration with 25 global re/insurance mates.
According to company data, South Carolina leads in programs per capita, while Harris County, Texas, generates the loftiest number of individual programs.
The company attributes its expansion to a personal platform powered by artificial intelligence and machine literacy, which delivers instant quotations and flawless content—a volition to traditional flood insurance processes.
With climate change and civic development adding flood tide threat exposure, Neptune continues to prioritize invention and effectiveness in content. The establishment verified that Hurricane Helene (2024) has been the most significant event in terms of claims volume this time.
Trevor Burgess, CEO of Neptune Flood, stated
“ Crossing the $300 million threshold reflects our commitment to furnishing accessible, affordable, and stoner-friendly flood insurance. Our technology-driven approach allows us to more estimate threat, set precise pricing, and enhance the client experience. ”
He added that this growth is not only a testament to Neptune’s success but also to the arising strength of the private flood tide insurance assiduity — positioning enterprises like Neptune as feasible, scalable druthers
to the National Flood Insurance Program (NFIP), which faces adding pressures.
Jean-Luc Eckstein, Chief client Officer, emphasized the company’s client-first gospel
“ This corner is a result of our ongoing efforts to offer an easy, intuitive experience for agents and policyholders alike. It reflects both our technological edge and the unvarying commitment of our platoon. ”
