AI-driven US MGU Neptune Flood has secured capacity from Axa XL and Lloyd’s to begin offering small and mid-sized businesses flood insurance for the 2020 hurricane season.
Neptune Flood has announced a partnership with auto and home insurance provider Plymouth Rock Assurance to offer flood insurance through its network of independent agents in the Northeast.
Neptune Flood, a St. Petersburg-based insurance technology company, has begun offering commercial flood insurance for small and mid-size businesses.
Artificial intelligence-driven MGU Neptune Flood has partnered with Plymouth Rock Assurance to offer its coverage to the Northeastern US-focussed auto and home insurer’s policyholders for the 2020 hurricane season.
ST. PETERSBURG, Fla., June 2, 2020 /PRNewswire/ — Neptune Flood, the first AI driven flood insurance company to provide fast, easy and better flood insurance, is partnering with leading Northeastern auto and home insurance provider Plymouth Rock Assurance to offer flood insurance coverage through its network of independent agents as hurricane season approaches.
Surrounded by water on 3 sides, New Jersey’s coasts have a long history of floods and storm surge. But even inland areas face flood risks. On a sunny day in the Garden State, it may be tough to imagine water filling businesses and homes dozens of miles from the shore. It can happen, and it’s happened more often than many realize. Here’s what you’ll need to know about buying flood insurance in New Jersey to protect your home.
In the summer of 2016, Trevor Burgess scored the entrepreneurial victory of a lifetime. Arkansas-based Bank OZK had acquired the bank Burgess had invested in and run for eight years, St. Petersburg-based C1, in a $402 million deal.
Neptune, a Lloyd’s Coverholder since 2017, is now working with three Lloyd’s syndicates to provide capacity to the U.S. private flood insurance marketplace. The company said the additional capacity will facilitate thousands of additional Neptune flood insurance policies.
Neptune Flood Incorporated, an insurtech firm focused on the flood market, has increased its capacity at Lloyd’s via new strategic underwriting partnerships. The firm, which has been a Lloyd’s Coverholder since 2017, now works with three syndicates to provide capacity to the US private flood insurance marketplace.