Government shutdown means opportune timing for Neptune Flood IPO
1. Neptune Insurance debuted on NYSE as 'NP' amid government shutdown. 2. The IPO timing favors Neptune as NFIP halts processing new claims. 3. Neptune offers higher coverage limits than NFIP, appealing to buyers. 4. AI-driven risk assessments provide competitive advantage over traditional methods. 5. A study estimates annual flood costs between $179.8 billion and $496 billion.