At a glance
- Organization
- Neptune Flood Insurance
- Type
- Managing general agency (MGA)
- Founded
- 2018
- Base / focus
- St. Petersburg, Florida
- Specialty
- Private residential and commercial flood insurance (AI-driven MGA)
- Official site
- Visit Neptune Flood Insurance
Who is Neptune Flood?
Neptune Flood (Neptune Insurance Holdings Inc.) is a data-driven managing general agent founded in 2018 in St. Petersburg, Florida. It offers primary and excess flood insurance for homes, businesses, and condominium associations through a nationwide agency network, using its Triton AI platform to automate underwriting and policy issuance without traditional human underwriters.
Neptune Flood focuses on a coverage gap most homeowners policies leave open: flooding. As a private-market flood MGA, Neptune competes with and complements the National Flood Insurance Program (NFIP) by emphasizing faster quoting, higher limits, and additional coverage options.
Neptune is not a traditional multi-line auto/home carrier. Its specialty is flood — priced and issued through automated data models rather than manual underwriting queues.
Key facts
- Founded in 2018; based in St. Petersburg, Florida
- Public company parent (NYSE: NP) per Neptune investor materials
- AI-native MGA using Triton® for automated underwriting and issuance
- Offers residential, commercial, and condominium (RCBAP) flood products
- Markets primary and excess flood coverage with elevated building limits
- Distributed through a nationwide network of insurance agencies and direct digital quoting
History
Neptune Flood was founded in 2018 to modernize how consumers and businesses buy flood insurance. Within a few years it completed nationwide residential product rollout and built proprietary policy management technology (Poseidon).
The company scaled agency distribution and digital quoting while operating without human underwriters on its Triton platform.
As Neptune Insurance Holdings Inc., it reports as a public company and continues expanding coverage options — including higher building limits and new consumer quoting experiences.
Products Neptune offers
Neptune’s public flood catalog includes:
- Residential flood insurance (primary)
- Commercial flood insurance
- Residential condominium association (RCBAP) flood coverage
- Excess flood insurance
- Optional coverages such as business interruption, basement contents, and rental income protection (as marketed)
- Elevated building coverage limits (Neptune has announced limits up to $15 million subject to program rules)
Who Neptune serves
Neptune serves homeowners, business owners, and condominium associations that need flood insurance — including properties in and outside high-risk flood zones.
Independent agents nationwide place Neptune policies; consumers can also explore digital quotes through Neptune’s own channels and partner experiences.
Coverage focus with Epic and Easy
We bring Neptune into the conversation when clients need:
- Private flood insurance to pair with homeowners or commercial property
- Higher limits or options beyond a basic NFIP comparison
- Commercial or condominium flood placements
- Excess flood capacity above primary flood limits
Who it’s for in Virginia
Neptune can fit Roanoke-area and Virginia property owners near rivers, creeks, or low-lying sites — and anyone whose lender or risk tolerance calls for flood coverage even outside a mapped special flood hazard area.
Remember: standard homeowners insurance typically excludes flood. Flood is a separate decision we help you evaluate.
How Epic and Easy helps
We review location, building characteristics, occupancy, and limit goals, then compare private flood options such as Neptune with other flood pathways when relevant.
We explain waiting periods, NFIP vs. private differences at a high level, and how flood interacts with your property package — without inventing premiums here.
Neptune Flood Insurance FAQs
Does homeowners insurance cover flood?
Generally no. Standard homeowners policies exclude flood damage. Separate flood insurance — NFIP or private market options like Neptune — is typically required for that peril.
Is Neptune a flood insurance carrier or an MGA?
Neptune Flood operates as a managing general agent that underwrites and issues flood policies through its automated platform and agency distribution network.
When was Neptune Flood founded?
Neptune Flood was founded in 2018 and is based in St. Petersburg, Florida.
What types of flood policies does Neptune sell?
Neptune markets residential, commercial, and condominium flood products, including primary and excess flood options with elevated limits and optional coverages.
Can Epic and Easy quote Neptune in Virginia?
When we are appointed and the property qualifies, we can explore Neptune flood options for Virginia locations. Eligibility depends on property characteristics and underwriting.
How fast is a Neptune quote?
Neptune markets AI-driven quoting that can return flood quotes in minutes. Actual timing depends on property data and channel (agent vs. direct).
Sources & methodology
This profile summarizes publicly available information from the organization’s official website and related authoritative pages. Product lists describe what the organization markets broadly and do not guarantee availability through Epic and Easy in every ZIP or risk class.
Coverage, eligibility, pricing, and underwriting rules vary by state, product, and applicant. We do not invent AM Best scores, claim counts, or proprietary premiums on this page.
Advertiser Disclosure: Epic and Easy may be compensated when you request a quote or purchase coverage through our agency relationships. Compensation may influence which products we can offer. Carrier availability varies by product, ZIP, and underwriting. Product lists on this page describe what Neptune Flood Insurance markets broadly and do not guarantee that every product is available through Epic and Easy in every location. This page does not invent ratings, claim counts, or proprietary premiums.