Neptune Flood secures $400 Million of premium capacity

Private flood insurance provider Neptune Flood announced that it has secured over $400 million in premium capacity for 2025. This represents an increase of $100 million compared to last year.

Neptune’s capacity panel includes more than 30 insurance and reinsurance partners, spanning global reinsurers and specialty carriers.

Neptune has also launched in Alaska and it now offers coverage in all 50 states and Washington, D.C.

“Securing over $400 million in premium capacity demonstrates the strong support we’ve built across the global insurance and reinsurance markets. Triton, our AI-driven underwriting platform, continues to deliver strong results for our partners and affordable, fast flood insurance for our policyholders.” – Trevor Burgess, CEO of Neptune Flood.

“With this expansion, Neptune now offers a simple, digital flood insurance solution to property owners nationwide. This achievement reflects the power of our technology and the dedication of our partners to helping close the flood insurance gap in America.” – Matt Duffy, President of Neptune Flood.