coverage capacity expansion News

Neptune, Transverse to Expand Flood Offering with $30M Premium Capacity Program

Neptune Flood, an AI-driven flood insurance provider, has expanded its capacity through a new program sponsored by Transverse Insurance Group and backed by a panel of global reinsurers, which was placed through Acrisure Re (formerly Beach & Associates). Neptune policies …

Neptune Doubles Lloyd’s Capacity to Expand Private, Commercial Flood Product

Neptune Flood, an online flood insurance company, has entered into strategic underwriting partnerships that double its capacity at Lloyd’s. Neptune, a Lloyd’s Coverholder since 2017, is now working with three Lloyd’s syndicates to provide capacity to the U.S. private flood …