Government shutdown offers taste of privately powered flood market: Neptune
  • X
  • LinkedIn
  • Show more sharing options
  • X
  • LinkedIn
  • Free trial
  • Log in
Lines of business
Personal Lines

Government shutdown offers taste of privately powered flood market: Neptune

Neptune’s stock price jumped 25% on the first day of trading.

By Adam Kovac
October 01, 2025
  • X
  • LinkedIn
  • Show more sharing options
  • X
  • LinkedIn
Trevor Burgess.png
Neptune CEO Trevor Burgess

Flood specialist MGA Neptune Flood’s first day of public trading was boosted by the expiration of its primary competitor, the government-backed National Flood Insurance Program (NFIP).

In

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News Interviews Commercial lines Property Personal lines Homeowners' insurance IPOs MGAs/MGUs North America Neptune
Gift this article