Neptune Flood surpasses $200mn premium in force; now the primary NFIP alternative
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Neptune Flood surpasses $200mn premium in force; now the primary NFIP alternative

Shelby Rosenberg
October 26, 2023
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Flood MGA Neptune Flood, the largest private provider of flood insurance in the United States, has surpassed $200mn of premium in force, bringing it to over 5% of the National Flood Insurance Program's (NFIP) size and securing its role as the primary alternative to the NFIP, the company announced on Wednesday.

Additionally, Neptune added seven members to its newly formed advisory board.

The board includes Jim Albert, Neptune’s co-founder and former chairman and CEO; Brad Emmons, former CEO of Orchid Insurance; Bill Martin, another Neptune co-founder; David Paulsson, president of MS...

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