Neptune Flood Crosses $200 Million of Premium in Force, Becomes Primary Alternative to NFIP
ST PETERSBURG, Fla., Oct. 26, 2023 /PRNewswire/ -- Neptune Flood, the largest private provider of flood insurance in the United States, has crossed $200 million of premium in force and adds seven members to its newly formed advisory board, it was announced today by Trevor Burgess, CEO of Neptune Flood.
- Crossing $200 million of premium in force brings Neptune to over 5% of the National Flood Insurance Program's size, securing its role as the primary alternative to the NFIP.
- The Neptune Flood Advisory Board Members are:
Jim Albert: Co-founder of Neptune, served as the company's CEO through 2019, and held the role of Chairman from 2020 to early 2023. - Prior to Neptune, he held senior executive positions in insurance and information technology in the US and the UK.
- Prior to IBHS Roy was at FEMA where he served as the chief executive of the National Flood Insurance Program (NFIP).