There are 62 Million homes at moderate or extreme risk of flooding in the US, according to insurance risk assessment firm Verisk.

The 2020 Atlantic hurricane season came to a close on November 30 after breaking the record (previously held by 2005) for the most named storms. The National Oceanic and Atmospheric Administration (NOAA)’s prediction of an above-normal season came true, with 2020 producing 30 named storms, of which 13 became hurricanes, including six major hurricanes with top winds of 111mph or greater.

Bradley Flowers and Scott Howell, The Insurance Guys, sat down recently with Neptune Chairman and Co-Founder, Jim Albert, to discuss how Neptune is changing the insurance landscape.

While most of us had to put our lives on pause in 2020, there was no letup in efforts to establish a self-sustaining voluntary market for private flood insurance in the United States.

On this episode of FNO: InsureTech we are joined by Jim Albert, Chairman & Co-Founder of Neptune Flood Insurance.

Neptune Flood has expanded its residential products to five more states – Montana, South Dakota, Utah, Vermont, Wyoming, and Washington, D.C., completing the company’s nationwide rollout of all residential, commercial and RCBAP flood insurance products.

Flood risk is both a hidden peril and a great opportunity for the real estate industry to better protect their customers and communities as it can hinder real estate transactions and closings in many ways.

Neptune Flood, a St. Petersburg insurtech firm focused on the flood market, has completed a nationwide product rollout and topped the 50,000 customer mark.

Neptune Flood, an insurtech firm focused on the flood market, has expanded its residential products to the remaining five additional states, Montana, South Dakota, Utah, Vermont, Wyoming, and Washington, DC.

The Federal Housing Administration (FHA) has proposed a rule that would allow home financing lenders to accept private flood insurance policies as an alternative to the National Flood Insurance Program (NFIP).

How do you get people to buy a product that they don’t want, but they truly need?” That’s the question written on the post-it note that is stuck on to Jim Albert’s computer screen. The product he’s talking about is flood insurance

The recent Neptune Consumer Survey of Flood Risk Awareness, a national survey conducted in partnership with the University of South Florida, uncovered three areas of consumer confusion.