Neptune Insurance Holdings Inc.
New York Stock ExchangeCapital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.- CEO
- Trevor R. Burgess
- Full Time Employees
- 62
- Sector
- Financial Services
- Industry
- Insurance - Brokers
- Address
- 400 6th Street S, Suite 2, St. St. Petersburg FL United States of America 33701
- IPO Date
- Oct 1, 2025
- CIK
- 0002067129
- Website
- neptuneflood.com
- Similar Companies
- Business
- Neptune Insurance Holdings Inc engages in the provision of residential and commercial insurance products primarily focused on flood risk protection. The company offers a range of easy-to-purchase insurance products including primary flood insurance, excess flood insurance, and parametric earthquake insurance. These products are underwritten and administered through Neptune's proprietary Triton underwriting platform and Poseidon policy management platform. Neptune operates as a managing general agent (MGA), partnering with a diverse panel of insurance and reinsurance companies that assume the insurance risk and handle claims. The company leverages advanced data science, machine learning algorithms, and artificial intelligence to deliver superior underwriting results and streamline policy issuance, eliminating the need for human underwriters. Its products are distributed nationwide across the United States through a broad network of agencies. Founded in 2017 and headquartered in St. Petersburg, Florida, Neptune Insurance Holdings has rapidly grown as a highly profitable, data-driven firm specialized in flood insurance. The company conducted its initial public offering on October 1, 2025, raising over $368 million and achieving a market valuation near $3.5 billion. Following the IPO, Neptune reported strong financial performance with significant revenue growth and profitability driven by expanding distribution and robust policy sales. Its recent business developments include expanding its flood insurance offerings and continuing technology enhancements to support underwriting and policy management. Neptune’s flood insurance policies are backed by leading reinsurers such as Lloyd’s of London. The firm operates exclusively in the U.S. property and casualty insurance industry with a workforce of approximately 60 employees. Neptune’s product suite addresses the increasing need for private flood insurance alternatives beyond the National Flood Insurance Program (NFIP), especially amid rising flood risks from climate change. Its coverage options aim to provide broad and flexible protection for homeowners and businesses, including faster policy issuance with reduced waiting periods. Leveraging proprietary technology platforms, Neptune underwrites and administers policies efficiently on behalf of its capacity providers, focusing on scaling its business while maintaining robust underwriting margins and recurring revenue streams. The company remains focused on expanding its market share in the underpenetrated private flood insurance segment across the United States.
Neptune Insurance Holdings Inc. (NP) Q2 2026 Earnings Call Transcript
Compared to Estimates, Neptune Insurance Holdings Inc. (NP) Q2 Earnings: A Look at Key Metrics
Neptune Insurance Holdings Inc. Reports Second Quarter 2026 Results
Neptune Insurance Holdings to Announce Second Quarter 2026 Financial Results
IPO Stock Of The Week: Neptune Insurance Breaks Out Past New Buy Point Amid Volatile Market Action
Neptune Raises Building Coverage Limits to $15 Million and Expands Flood Insurance Coverage Options
Neptune Launches Atlas+, an AI-Powered Platform Experience Designed to Turn Insurance Agents into Super Agents
Neptune Insurance Holdings Inc. Announces Full Exercise of Underwriters' Option to Purchase Additional Shares of Class A Common Stock
Neptune Insurance Holdings Inc. Announces Pricing of Public Offering
Wall Street Waits for the SpaceX IPO, These 2 Under-the-Radar IPOs Could Already Be Making You Money
Neptune Insurance Holdings Inc. Announces Launch of Public Offering and Concurrent Share Repurchase
Neptune Flood Prepared to Help Strengthen National Flood Resilience as FEMA Review Council Urges Growth of the Private Market
Neptune Insurance Holdings Inc. (NP) Reports Q1 Earnings: What Key Metrics Have to Say
Neptune Insurance Holdings Inc. (NP) Q1 2026 Earnings Call Transcript
Neptune Insurance Holdings Inc. Reports First Quarter 2026 Results
Neptune Insurance Holdings to Announce First Quarter 2026 Financial Results
Neptune Insurance Holdings Inc. (NYSE:NP) Given Consensus Rating of “Moderate Buy” by Brokerages
FTV Management Builds $651 Million Position in Neptune Insurance Holdings, According to Recent SEC Filing
Neptune Flood Launches App in ChatGPT, Expanding Access to Preliminary Flood Insurance Quotes
Neptune Insurance (NYSE:NP) versus Marsh & McLennan Companies (NYSE:MRSH) Head-To-Head Comparison