US-based AI-driven flood insurance company Neptune Flood has expanded its residential products to the remaining five additional states.

With the launch of offering in Montana, South Dakota, Utah, Vermont, Wyoming, and Washington, DC, the insurer has completed nationwide rollout of all residential, commercial and RCBAP flood insurance products.

Additionally, Neptune Flood has completed the development of its proprietary policy management system, Poseidon.

It is said to be designed to help agents and consumers to update and track their Neptune policies with ease and speed.

Neptune president and CEO Trevor Burgess said: “This is a big day for Neptune. Not only are we finally able to offer all our products nationwide in under three years from our launch, but we have also proudly completed development of our proprietary tracking engine, Poseidon, a disruptive technology that raises the bar for the Insurtech industry for ease and speed of policy tracking and management.”

Neptune’s executive director Jean-Luc Eckstein added: “Homeowners and business owners are choosing Neptune because we are fast to quote, easy to buy, offer superior coverage and can save most consumers money.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

“Neptune’s AI driven engine allows agents and consumers to quote and bind flood insurance in under two minutes.  What’s more, most of the time we can save consumers money vs. the NFIP.”

In May this year, Neptune Flood increased its capacity at Lloyd’s, through new strategic underwriting partnerships, in a bid to support a range of additional flood insurance policies.

Last year, Neptune Flood teamed up with Hippo Insurance to create online home and flood insurance solution.