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Bregal Sagemount and FTV Capital Announce Strategic Growth Investment in Neptune Flood Incorporated

Sagemount and FTV will acquire a substantial minority stake in the Company, with Neptune CEO and management maintaining majority ownership.
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FT ranking: The Americas’ Fastest-Growing Companies 2023

The FT is pleased to announce this fourth annual ranking of the fastest growing companies in the Americas, covering a period when the region’s economies were powering out of the pandemic.
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What you need to know about Citizens’ new flood insurance mandates in Florida

Citizens Property Insurance Corp. — the insurer of last resort and largest property insurance provider in Florida with nearly 1.2 million customers — now mandates policyholders must carry flood insurance.
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New flood insurance mandates take effect

After experiencing unsustainable growth last year due to several insolvencies, Florida’s insurer of last resort now requires customers to buy flood insurance.
Digital insurance - Property Casualty 360

Flood insurance misconceptions debunked

The Neptune Consumer Survey of Flood Risk Awareness shows that consumers urgently need education about flood risk and flood insurance. Many homeowners who need flood insurance do not have that protection in place.
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Heavy rains hammered California, causing billions of dollars in damage. But less than 2% of homeowners in the state have flood insurance.

Heavy rains hammered California over the Christmas and New Year, causing billions of dollars in damage. But the bad weather also revealed how vulnerable homeowners are becoming to the unpredictable effects of climate change.
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In soaked California, few homeowners have flood insurance

In California, only about 230,000 homes and other buildings have flood insurance policies, which are separate from homeowners insurance. That means only about 2% of properties are covered against flooding.
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98% of California homeowners don’t have flood insurance; drivers urged to ‘Turn around, don’t drown’: Updates

The wave of storms battering California are far from over, and it’s too early to calculate the cost of damage to homes and businesses overwhelmed by floodwaters.

The Best Flood Insurance in Florida of 2023

Many Florida homeowners may wonder, “Do I need flood insurance?” While homeowners are usually fully aware that they need homeowners insurance to protect their homes in the event they are damaged or destroyed, they may not know that traditional homeowners insurance alone does not cover damage caused by flooding.
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Neptune Flood Announces Results of the 2022 Neptune Consumer Survey of Flood Awareness

Neptune Flood, the largest private flood insurance company, today announced the results of its third annual Neptune Consumer Survey of Flood Awareness, conducted in partnership with the University of South Florida Customer Experience Lab – St. Petersburg.

Insurtech platform brings reinsurance capacity to Tampa company, and quickly

Arbol Inc. delivered a $10 million reinsurance payout to Tampa-based Centauri Insurance within three weeks after Hurricane Ian, which is fast for the insurance industry.

Fla. hurricanes expose lack of flood insurance

Florida's homeowners shell out thousands, even tens of thousands, for property insurance to protect themselves from fierce storms like Hurricane Ian.