Online Flood Insurer Neptune Expands Coverage to 6 New States
Neptune Flood, an all-digital online flood insurance company, has expanded its coverage to residents of Missouri, Colorado, New Hampshire, Rhode Island, West Virginia, and Indiana – bringing the total number of states with access to its flood protection to 27.
Neptune Flood offers a fully-automated service that allows homeowners to price their home’s risk for flood in real-time via advanced technologies and data analytics – offering quotes and the ability to buy flood insurance in under three minutes.
Neptune Flood offers coverage to people in all flood zones. The company’s advanced mapping technology offers highly accurate, real-time flood risk-evaluation.
Neptune Flood was founded in 2016 by insurance and technology industry veterans, including CEO Jim Albert, with a goal of bringing advanced analytics and ease of use to the flood insurance market. Neptune Flood’s policies are currently backed by global reinsurers rated “A” by A.M. Best. In January 2018, Neptune raised over $2mm in seed financing led by C1 Bank founder and former CEO Trevor Burgess who now serves as Neptune’s Chairman.