With our innovative coverage options, competitive pricing, and top-notch customer service, we've got your back when it comes to flood insurance. By working together, we can keep the process moving to resolve your loss as soon as possible. Business Interruption When expanded it provides a list of search options that will switch the search inputs to match the current selection. Neptune is based in St Petersburg, Florida and offers flood insurance to homeowners and businesses in 48 states plus DC. Apply to be a registered agent today and join our revolution to waterproof life! , . Understand the Risks Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors. Neptune Flood Incorporated Company Profile - Dun & Bradstreet Financial terms of the transaction were not disclosed. During the transition, Jumpstart is available via waitlist in California, Oregon, and Washington at jumpstartinsurance.com. Temporary Living Expenses Flash Flood Watch: Conditions are favorable for flash flooding. Sagemount and FTV will acquire a substantial minority stake in the Company, with Neptune CEO and management maintaining majority ownership. Stay alert and make sure you're prepared to take action if necessary. Their dedication to superior agent and customer service, along with their cutting-edge approach to flood insurance, makes Neptune Flood a trusted and pioneering force in the industry. Covering an area of 34,084 square kilometres (13,160 sq mi), it is the fourth-largest German state by size. Quick Quotes: Get your price in MINUTES, not hours. Neptune's extensive agent network in those three states will have access to Jumpstart products in the coming weeks via the Neptune Agent Portal. Neptune Flood was founded in 2016 by insurance and technology industry veterans, and is led by CEO Trevor Burgess, with a goal of bringing advanced analytics and extreme ease of use to the flood insurance market. Actor and former White House aide Kal Penn explores solutions to the climate crisis with a dose of humor and optimism. Residential Flood San Francisco, CA 94108, 10 Titus Road, Suite 5B Neptune Flood Incorporated was registered on Mar 21 2019 as a foreign profit corporation type with the address 400 6th St S, Saint Petersburg, FL, 33713, USA. Neptune Flood Incorporated operates as an insurance broker. At Neptune, were changing the insurance paradigm. Cision Distribution 888-776-0942 ST. PETERSBURG, Fla., Nov. 30, 2020 /PRNewswire/ --Neptune Flood, the first AI-driven flood insurance company to provide fast, easy and better flood insurance, today announces the expansion of its residential products to the remaining five additional states, Montana, South Dakota, Utah, Vermont, Wyoming, and Washington, DC, completing the company's nationwide rollout of all residential, commercial and RCBAP flood insurance products. The company aims to simplify the insurance-buying process while offering competitive rates and comprehensive coverage options. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". Neptune uses AI driven technology to make it fast and easy to buy flood insurance most often at a price that saves money vs the NFIP. There are many misconceptions about flood insurance, and the buck stops here. Create a detailed list of all damaged and destroyed items. En vous inscrivant la newsletter, vous consentez la rception de contenus de notre part. The Company has truly disrupted the traditional flood insurance market and we are excited to support them as they continue to bring their insurtech solution to more customers., Mike Vostrizansky, Partner at FTV, added, We are excited to support Neptune as they continue to transform the way that homeowners and businesses purchase flood insurance increasing consumer awareness and adoption. The company demonstrates how data can be collected and utilized to develop smarter mathematics, predict risk, and ultimately mitigate future losses. Their dedication to superior agent and customer service, along with their cutting-edge approach to flood insurance, makes Neptune Flood a trusted and pioneering force in the industry. Residential, Commercial and RCBAP Flood Insurance Now Instantly Available Nationwide on Poseidon, Insurtech's Most Advanced Policy Management System. Hurricanes can bring devastating floods, even miles inland. This field is for validation purposes and should be left unchanged. Is there a problem with this press release? Neptunes visionary management team has built a differentiated technology platform that we believe has positioned the company for expansive growth in the years ahead, and we welcome the opportunity to leverage our domain expertise and strategic relationships in our Global Partner Network to contribute to the companys growth journey.. All content copyright Steve Evans Ltd. 2021 All rights reserved. FTV has offices in San Francisco, New York, and Connecticut. With optional additional coverages like Total amount raised across all funding rounds, Total number of employee profiles an organization has on Crunchbase, Total number of investment firms and individual investors, Total number of organizations similar to the given organization, Descriptive keyword for an Organization (e.g. We also use third-party cookies that help us analyze and understand how you use this website. The firm has offices in New York, Palo Alto, and Dallas. Backed by the best. Chempark is an industrial park for The chemical industry in Germany. Both Sagemount and FTV will acquire a substantial minority stake in the firm, with Neptune CEO and management maintaining majority ownership. Our simple and convenient claims service offers options 24/7 to report your claim: or contact your local Neptune agent who wrote your policy and they can submit a claim on your behalf. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. Visit a quote page and your recently viewed tickers will be displayed here. For more information, please visit www.ftvcapital.com and follow the firm onLinkedIn. Faster Coverage: We have a 10-day waiting period compared to NFIPs 30. For more information or to buy a policy ask your insurance agent for Neptune or visit us online at neptuneflood.com. Howden Tiger Capital Markets & Advisory acted as financial advisor to Bregal Sagemount and FTV. Why choose us over NFIP? Seed, Series A, Private Equity), Whether an Organization is for profit or non-profit, General contact email for the organization. North Rhine-Westphalia - Wikipedia Neptune Flood Inc - Company Profile and News - Bloomberg Markets For more information, visit the Neptune website:www.neptuneflood.com and follow the firm on LinkedIn. Neptune Flood is an AI-driven insurance company specializing in providing flood insurance solutions for residential and commercial properties. FTV Capital is a sector-focused growth equity investment firm that has raised $6.2 billion to invest in high-growth companies offering a range of innovative solutions in three sectors: enterprise technology and services, financial services, and payments and transaction processing. ", Mike Vostrizansky, Partner at FTV, added, "We are excited to support Neptune as they continue to transform the way that homeowners and businesses purchase flood insuranceincreasing consumer awareness and adoption. Neptune Flood is backed by top-rated insurance carriers, ensuring that their customers receive reliable financial protection in the event of a flood. var bbbprotocol = ( ("https:" == document.location.protocol) ? 07337195 Active, Closed, Last funding round type (e.g. KEY FACTS ABOUT NEPTUNE FLOOD INCORPORATED US Businesses PR Newswire. Founded with the goal of changing the way consumers and businesses think about and buy insurance, the Company has disrupted the traditional flood insurance market, offering a digital platform that enables insurance agents and customers to obtain coverage in mere minutes. "This is a big day for Neptune. Apply for Neptune Here Seriously, Our Technology is Easier, Faster, Better. The Company has truly disrupted the traditional flood insurance market and we are excited to support them as they continue to bring their insurtech solution to more customers., Mike Vostrizansky, Partner at FTV, added: We are excited to support Neptune as they continue to transform the way that homeowners and businesses purchase flood insurance increasing consumer awareness and adoption. , . , . The cookies is used to store the user consent for the cookies in the category "Necessary". , . Financial terms of the transaction were not disclosed. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. The ease of use to quote one's insurance policy comes second to none compared to the other carriers that we use.. Read our. And flood risk is the logical next peril for consumer parametric, which makes Neptune a natural home for Jumpstart. ABOUTNEPTUNE FLOOD:Neptune Floodis the largest entirely digital flood insurance company in the United States and is the alternative to the NFIP. Neptune Flood Completes Residential Product Roll-Out and Launches New Preventing additional loss and quickly resolving a covered loss is our mission. Commercial Flood #insurance #floodinsurance #nfip #insuretech #insurtech #hurricaneseason, Venture Capital and Private Equity Principals. Please see invoice for payment mailing address. https://zurl.co/pjiq, #HurricaneHistory Neptunes visionary management team has built a differentiated technology platform that we believe has positioned the company for expansive growth in the years ahead, and we welcome the opportunity to leverage our domain expertise and strategic relationships in our Global Partner Network to contribute to the companys growth journey.. Neptune launched its product in early 2017 in Florida, and later in the year achieved the designation of Lloyd's Coverholder with authority to provide flood insurance throughout the US. , When the winds howl and the rains pour, it's vital to be prepared and protected. NEPTUNE FLOOD INCORPORATED. SAINT PETERSBURG, FL - BisProfiles Neptune uses AI-driven technology to make it fast and easy for consumers to buy, and agents to sell, insurance. Your Neptune Claim Adjuster will contact you and be your guide throughout the short claim process. They will explain what we need from you, what you will get from us, and review what is covered in the custom policy you purchased. The 4th of July serves as a reminder of the strength and resilience of our nation, reminding us to embrace unity and diversity. Parametric earthquake insurance available These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. New York, NY 10022, General: Info@ftvcapital.com Neptune Flood Announces. You will likely be the first to see the damage of your property. Buy flood insurance in two minutes or less. FTV Capital is a sector-focused growth equity investment firm that has raised $6.2 billion to invest in high-growth companies offering a range of innovative solutions in three sectors: enterprise technology and services, financial services, and payments and transaction processing. ", Agents interested in offeringNeptune Floodto their customers should contact Neptune at[emailprotected]. With this growth investment, Greenberg and Vostrizansky will join Neptune's board of directors. The cookie is used to store the user consent for the cookies in the category "Other. The company aims to simplify the insurance-buying process while offering competitive rates and comprehensive coverage options. Neptune's visionary management team has built a differentiated technology platform that we believe has positioned the company for expansive growth in the years ahead, and we welcome the opportunity to leverage our domain expertise and strategic relationships in our Global Partner Network to contribute to the company's growth journey.". This cookie is set by GDPR Cookie Consent plugin. Chempark - Wikipedia Neptune Flood Incorporated. Financial terms of the transaction were not disclosed. View our Guide to Claims above for a more detailed overview. Moreover, the companys proprietary AI platform, Triton, possesses the ability to instantly assess flood risk on a property-by-property basis, which therefore allows Neptune to provide an accurate assessment of risk, personalize pricing for customers, and offer competitive premiums. "We share a vision to revolutionize catastrophe insurance and close protection gaps. The agent name for this entity is: Registered Agents Inc.. Neptune's visionary management team has built a differentiated technology platform that we believe has positioned the company for expansive growth in the years ahead, and we welcome the opportunity to leverage our domain expertise and strategic relationships in our Global Partner Network to contribute to the company's growth journey.". Copyright (C) 2023 PR Newswire. ST. PETERSBURG, Fla., Feb. 7, 2022 /PRNewswire/ -- Neptune Flood, the first AI-driven insurance company to provide faster, easier, and better flood insurance, has crossed the milestone of. FTV has offices in San Francisco, New York, and Connecticut. "Both Sagemount and FTV have established track records of insurtech growth investments and expertise in scaling technology-enabled businesses, something that set them apart from other investors we saw in the market and made them the ideal partners for our next phase of growth. 727-202-4815 EMAIL US: support@neptuneflood.com CONTACT YOUR AGENT: or contact your local Neptune agent who wrote your policy and they can submit a claim on your behalf. Note: Not for payments. The company aims to simplify the insurance-buying process while offering competitive rates and comprehensive coverage options. Neptune has truly designed the markets best private market RCBAP flood insurance policy as theyve taken the time to design a policy that not only offers broader coverages than the NFIP, but is also accepted by lenders with ease., Quoting and issuing our first RCBAP policy with Neptune was a breeze! ", "Sagemount has been investing in and following the insurance and MGA markets for several years and we are incredibly impressed by the innovative technology that Neptune has built," added Blair Greenberg, Partner at Sagemount. Flood Insurtech Leader Adds Earthquake Insurance to Growing Portfolio of AI-Led Insurance Products. Bregal Sagemount & FTV Capital invest in Neptune Flood Incorporated Once you have secured the safety of your family, contact us immediately. "Neptune's agent force loves how simple we make it to buy insurance. We are thrilled to be partnering with Sagemount and FTV as we continue to build our business and achieve our mission of making flood insurance more accessible, helping customers better protect their homes and businesses from the devastating effects of flooding, said Trevor Burgess, President & CEO of Neptune.
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