Neptune Flood Incorporated, a digital insurtech firm focused on the flood market, has announced its launch into Arkansas, Idaho and Illinois in the US. With its expansion into these states, a potential 6.7 million more households will now have access to Neptune’s flood insurance solution.
Neptune Flood Inc., an all-digital, online flood insurance company, has opened for business in Arkansas and Illinois. Households in these states now have access to Neptune’s simple flood insurance solution.
Neptune Flood, a St. Petersburg insure-tech company, provides about 3,000 to 4,000 quotes for homeowners flood insurance every day, drawing on advanced computing power to evaluate and price policies.
ST. PETERSBURG, Fla., March 10, 2020 /PRNewswire/ — Neptune Flood Incorporated, the first all-digital, online flood insurance company, today launched a live “Visualizer” of its patent-pending Triton technology, illustrating the AI engine at work processing every insurance quote throughout the country in real-time. Triton is a reactive artificial intelligence machine that has the early stages of limited memory artificial intelligence.
David Clausen (pictured) grew up working in an insurance agency. His parents owned and operated a personal and commercial lines insurance agency in Rocky Point, NY, called The Clausen Agency. It was there that Clausen whet his appetite in insurance, starting with simple administrative and operational tasks, while quickly learning the tricks of the trade and taking on new business opportunities. He also watched The Clausen Agency grow from a one man show in 1979 into the thriving, community-focused agency it is today.
Young drivers have allegedly been threatened with having their car insurance cancelled due to alleged faults with Carrot Insurance’s app that aims to make policies more affordable.