Reinsurance News
Neptune Flood Incorporated
Neptune’s revenue rises 31.2% to $44.4m in Q3’25
13th November 2025
Neptune Insurance Holdings Inc., the parent company of Neptune Flood Incorporated, reported revenue of $44.4 million for the third quarter of 2025, up 31.2% from $33.8 million in the same period a year earlier. In the quarter, written premiums increased 30.7% to $101.6 million, compared to $77.7 million in Q3’24. Net income ... Read the full article
Bregal Sagemount & FTV Capital invest in Neptune Flood Incorporated
16th May 2023
Bregal Sagemount and FTV Capital, two leading growth-focused private equity firms, have announced a strategic growth investment in Neptune Flood Incorporated. Both Sagemount and FTV will acquire a substantial minority stake in the firm, with Neptune CEO and management maintaining majority ownership. Financial terms of the transaction were not disclosed. Launched in ... Read the full article
Neptune Flood writes its 100,000th policy
9th February 2022
Neptune Flood has announced it has written its 100,000th policy. The flood insurer, which opened for business in 2018, said it has now expanded its reach to 48 states, plus Washington DC with its residential, commercial, and condominium flood insurance products. Jean-Luc Eckstein, chief customer officer for Neptune Flood, said that the ... Read the full article
Neptune Flood partners with insurance marketplace Attune
7th December 2021
AI-driven flood insurtech Neptune Flood has announced a new partnership with Attune Insurance, a New York-based commercial insurance marketplace. Going forward, brokers using Attune will have access to Neptune solutions for flood risk. Neptune offers coverage limits eight times the level of the NFIP and optional business interruption cover to help businesses ... Read the full article
Neptune Flood announces NAPA Insurance Center partnership
22nd October 2021
AI-driven flood insurtech Neptune has partnered with National Automotive Programs, a Texas based specialty insurance broker. The partnership extends Neptune's platform to the NAPA family of over 22,000 locations nationally. NAPA provides access to an instant flood solution described as offering greater and broader coverages than the traditional National Flood Insurance Program ... Read the full article
Neptune Flood acquires parametric insurtech Jumpstart Insurance
4th October 2021
Neptune Flood, an insurtech firm focused on the flood market, has added parametric earthquake to its portfolio of technology-based insurance products via the acquisition of Jumpstart Insurance Solutions. Jumpstart leverages a parametric trigger approach to provide a set payout based on quake intensity, which unlike traditional quake cover, enables rapid payout ... Read the full article
Neptune Flood hits $20bn milestone for insured property value
17th June 2021
Neptune Flood, an insurtech firm focused on the flood market, has surpassed $20 billion in total insured property value, the company has confirmed. Trevor Burgess, CEO of Neptune Flood noted that the insurtech managed to reach this milestone in under four years since launching. With over 70,000 clients and 6,000 active insurance ... Read the full article
Neptune Flood launches capacity program
30th April 2021
Neptune Flood, an insurtech firm focused on the flood market, has launched its latest capacity program sponsored by Transverse Insurance Group and backed by a panel of global reinsurers, which was placed through Acrisure Re. Neptune policies placed with the program will carry the Transverse AM Best A- (Excellent) rating. The $30 ... Read the full article
Neptune Flood expands products to remaining five US states
30th November 2020
Neptune Flood, an insurtech firm focused on the flood market, has expanded its residential products to the remaining five additional states, Montana, South Dakota, Utah, Vermont, Wyoming, and Washington, DC. The expansion completes the company's nationwide rollout of all residential, commercial and RCBAP flood insurance products. The insurer also completed its proprietary ... Read the full article
Neptune Flood announces expansion of insurance products
18th September 2020
Neptune Flood Incorporated, an insurtech firm focused on the flood market, has announced the expansion of its insurance products to now include all NFIP product types. Neptune President & CEO, Trevor Burgess commented: "Building off of the successful launch of our commercial flood insurance product this summer we are excited to ... Read the full article
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