
Growth reflects increasing resilience and the continued expansion of the private flood insurance market


Neptune Flood, the largest private flood insurance provider in the United States, today announced that it has

<p xmlns="http://www.w3.org/1999/xhtml" class="bwalignc">
Growth reflects increasing resilience and the continued expansion of the private flood insurance market

</p><p xmlns="http://www.w3.org/1999/xhtml">
Neptune Flood, the largest private flood insurance provider in the United States, today announced that it has surpassed 300,000 policies in force and $400 million in premium in force. This milestone marks a significant step forward in expanding the reach of private flood insurance and strengthening the resilience of communities across the country.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Neptune's continued growth reflects rising demand for modern, technology-enabled flood protection as more homeowners and businesses seek alternatives to traditional coverage. By simplifying the purchasing process and delivering fast, reliable protection, Neptune is helping close the flood insurance gap and bringing coverage to more Americans.

</p><p xmlns="http://www.w3.org/1999/xhtml">
"Surpassing 300,000 policies and $400 million in premium in force is an important milestone, not just for Neptune, but for the broader evolution of the flood insurance market," said Trevor Burgess, Chairman and CEO of Neptune Flood. "It demonstrates that private flood insurance is scaling in a meaningful way and playing a critical role in protecting more properties nationwide. As flood risk continues to grow, expanding the insured base is essential to building a more resilient future."

</p><p xmlns="http://www.w3.org/1999/xhtml">
Neptune's platform is built to scale, combining AI-native underwriting with a fully digital quoting experience that delivers instant decisions and continuous risk evaluation. Powered by Triton&#xAE;, Neptune's underwriting system, the company is able to translate complex flood risk into fast, actionable insights while maintaining strong underwriting discipline.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Adoption across Neptune's distribution network continues to accelerate, with more than 45,000 individual insurance agents actively using the platform. By equipping agents with real-time data, sales enablement tools, and proactive guidance, Neptune is transforming how flood risk is assessed and communicated, helping more property owners make informed coverage decisions while securing coverage before disaster strikes.

</p><p xmlns="http://www.w3.org/1999/xhtml">
"We're incredibly grateful to the more than 45,000 agents who trust Neptune to serve their customers every day," said Jean-Luc Eckstein, Chief Customer Officer of Neptune Flood. "Their expertise, relationships, and commitment to helping customers understand and prepare for flood risk are at the heart of our growth. We're proud to partner with them by delivering the tools, speed, and insights they need to protect more households and businesses across the country."

</p><p xmlns="http://www.w3.org/1999/xhtml">
Neptune's growth also reflects the increasing role of the private market in complementing the National Flood Insurance Program (NFIP). By offering flexible coverage options and competitive pricing, private insurers are helping to broaden participation in the flood insurance system and reduce the protection gap nationwide.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">About Neptune</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Neptune Flood (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/NP">NP</a>) is a leading, AI-native managing general agent offering a range of easy-to-purchase residential and commercial insurance products, including primary and excess flood insurance, distributed through a nationwide network of agencies. Leveraging proprietary artificial intelligence and advanced data science, Neptune delivers fast and accessible coverage for residential and commercial properties across the United States. The Company operates without human underwriters, using Triton&#xAE;, its cutting-edge platform to streamline underwriting, pricing, and policy issuance.

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260506273308r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260506273308/en/" rel="nofollow">https://www.businesswire.com/news/home/20260506273308/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
Media Contact:
<br xmlns="http://www.w3.org/1999/xhtml"></br>Loren Pomerantz
<br xmlns="http://www.w3.org/1999/xhtml"></br>917-902-0219
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:loren@combined-forces.com" shape="rect">loren@combined-forces.com</a>

</p>

Neptune Flood Surpasses 300,000 Policies in Force and $400 Million in Premium, Expanding Access to Modern Flood Protection Nationwide

Neptune Flood Achieves Major Growth Milestone with 300,000 Policies in Force

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>Growth reflects increasing resilience and the continued expansion of the private flood insurance market


Neptune Flood, the largest private flood insurance provider in the United States, today announced that it has</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Neptune Flood has reached a significant milestone by surpassing 300,000 policies and $400 million in premium. This growth reflects increasing demand for private flood insurance solutions as more property owners seek rapid, reliable coverage, which positions Neptune favorably in the evolving market landscape.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Neptune Flood has surpassed 300,000 active policies and $400 million in premiums.</li><li>Demand for private flood insurance is rising among homeowners and businesses.</li><li>Neptune&#039;s AI-based platform enhances underwriting efficiency and risk evaluation.</li><li>Over 45,000 agents utilize Neptune’s platform to provide flood insurance.</li><li>Neptune complements the National Flood Insurance Program, reducing coverage gaps.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>National Flood Insurance Program (NFIP)</strong>: Neptune complements NFIP by providing private flood coverage.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>This news falls under &#039;Corporate Developments&#039; as it highlights significant growth metrics for Neptune and emphasizes the expanding private flood insurance market, showcasing the company&#039;s strategic advantages.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>300,000 policies demonstrate Neptune&#039;s market acceptance and competitive positioning.</li><li>Increased demand for flood insurance could drive revenue growth significantly.</li><li>Neptune&#039;s tech-driven underwriting may attract more agents and associated premiums.</li><li>Partnerships with 45,000 agents enhance market penetration and customer reach.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Neptune Flood serves over 300,000 policies in force as of now.</li><li>$400 million in premium is currently in force.</li><li>More than 45,000 agents are using Neptune&#039;s digital platform.</li><li>Neptune operates without human underwriters, utilizing advanced AI technology.</li><li>Neptune aims to reduce the coverage gap in the flood insurance market.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Bullish on NP due to substantial growth and market demand, suggesting potential upside in the near term.</p>
  </section>
</section>


<p xmlns="http://www.w3.org/1999/xhtml" class="bwalignc">
Growth reflects increasing resilience and the continued expansion of the private flood insurance market

</p><p xmlns="http://www.w3.org/1999/xhtml">
Neptune Flood, the largest private flood insurance provider in the United States, today announced that it has surpassed 300,000 policies in force and $400 million in premium in force. This milestone marks a significant step forward in expanding the reach of private flood insurance and strengthening the resilience of communities across the country.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Neptune's continued growth reflects rising demand for modern, technology-enabled flood protection as more homeowners and businesses seek alternatives to traditional coverage. By simplifying the purchasing process and delivering fast, reliable protection, Neptune is helping close the flood insurance gap and bringing coverage to more Americans.

</p><p xmlns="http://www.w3.org/1999/xhtml">
"Surpassing 300,000 policies and $400 million in premium in force is an important milestone, not just for Neptune, but for the broader evolution of the flood insurance market," said Trevor Burgess, Chairman and CEO of Neptune Flood. "It demonstrates that private flood insurance is scaling in a meaningful way and playing a critical role in protecting more properties nationwide. As flood risk continues to grow, expanding the insured base is essential to building a more resilient future."

</p><p xmlns="http://www.w3.org/1999/xhtml">
Neptune's platform is built to scale, combining AI-native underwriting with a fully digital quoting experience that delivers instant decisions and continuous risk evaluation. Powered by Triton&#xAE;, Neptune's underwriting system, the company is able to translate complex flood risk into fast, actionable insights while maintaining strong underwriting discipline.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Adoption across Neptune's distribution network continues to accelerate, with more than 45,000 individual insurance agents actively using the platform. By equipping agents with real-time data, sales enablement tools, and proactive guidance, Neptune is transforming how flood risk is assessed and communicated, helping more property owners make informed coverage decisions while securing coverage before disaster strikes.

</p><p xmlns="http://www.w3.org/1999/xhtml">
"We're incredibly grateful to the more than 45,000 agents who trust Neptune to serve their customers every day," said Jean-Luc Eckstein, Chief Customer Officer of Neptune Flood. "Their expertise, relationships, and commitment to helping customers understand and prepare for flood risk are at the heart of our growth. We're proud to partner with them by delivering the tools, speed, and insights they need to protect more households and businesses across the country."

</p><p xmlns="http://www.w3.org/1999/xhtml">
Neptune's growth also reflects the increasing role of the private market in complementing the National Flood Insurance Program (NFIP). By offering flexible coverage options and competitive pricing, private insurers are helping to broaden participation in the flood insurance system and reduce the protection gap nationwide.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">About Neptune</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Neptune Flood (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/NP">NP</a>) is a leading, AI-native managing general agent offering a range of easy-to-purchase residential and commercial insurance products, including primary and excess flood insurance, distributed through a nationwide network of agencies. Leveraging proprietary artificial intelligence and advanced data science, Neptune delivers fast and accessible coverage for residential and commercial properties across the United States. The Company operates without human underwriters, using Triton&#xAE;, its cutting-edge platform to streamline underwriting, pricing, and policy issuance.

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260506273308r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260506273308/en/" rel="nofollow">https://www.businesswire.com/news/home/20260506273308/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
Media Contact:
<br xmlns="http://www.w3.org/1999/xhtml"></br>Loren Pomerantz
<br xmlns="http://www.w3.org/1999/xhtml"></br>917-902-0219
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:loren@combined-forces.com" shape="rect">loren@combined-forces.com</a>

</p>

Neptune Flood has reached a significant milestone by surpassing 300,000 policies and $400 million in premium. This growth reflects increasing demand for private flood insurance solutions as more property owners seek rapid, reliable coverage, which positions Neptune favorably in the evolving market landscape.

Neptune Flood Surpasses 300,000 Policies in Force and $400 Million in Premium, Expanding Access to Modern Flood Protection Nationwide

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

Related News