Neptune Flood expands premium capacity to over $400m for 2025

Neptune Flood, a provider of private flood insurance in the US, has announced it will have more than $400 million in premium capacity for 2025.

This marks a significant jump from the $300 million secured in 2024 and highlights the company’s sustained growth within the private flood insurance sector.

Neptune’s capacity now comes from a panel of over 30 insurance and reinsurance partners, including leading global reinsurers and specialty carriers.

This expanded network plays a key role in supporting Neptune’s insurance portfolio and underscores the strong market confidence in the company’s data-driven underwriting approach and consistent performance.

“Securing over $400 million in premium capacity demonstrates the strong support we’ve built across the global insurance and reinsurance markets,” added Trevor Burgess, CEO of Neptune Flood.

“Triton, our AI-driven underwriting platform, continues to deliver strong results for our partners and affordable, fast flood insurance for our policyholders.”

Neptune has expanded its geographic reach by launching in Alaska, bringing its private flood insurance offerings to all 50 states and Washington, D.C. This move allows the company to offer coverage to a wider range of homeowners and businesses across the country.

“With this expansion, Neptune now offers a simple, digital flood insurance solution to property owners nationwide,” commented Matt Duffy, President of Neptune Flood.

“This achievement reflects the power of our technology and the dedication of our partners to helping close the flood insurance gap in America.”

This website states: The content on this site is sourced from the internet. If there is any infringement, please contact us and we will handle it promptly.