Neptune Flood
Neptune Flood, based in Saint Petersburg, Florida, provides flood insurance products across the United States. Founded in 2016 by industry veterans Jim Albert and Bill Martin, the company employs advanced mapping technologies and aerial remote sensing to develop algorithms that assess flood risk. This innovative approach allows Neptune Flood to offer coverage that can be up to 25% cheaper than the National Flood Insurance Program, making it accessible to households in all designated flood zones. The company's insurance policies are backed by Lloyd's of London, ensuring strong financial reliability. Neptune Flood launched its insurance offerings in early 2017 and has since gained recognition as a Lloyd's Coverholder, allowing it to operate throughout the U.S. The company focuses on providing user-friendly online tools to streamline the process of obtaining tailored flood insurance, ensuring effective financial protection for its customers.
Jumpstart Insurance Solutions, Inc., based in Oakland, California, offers innovative property casualty insurance brokerage services, focusing on providing financial support to consumers following life-altering events. Established in 2015, Jumpstart introduces a new insurance product that delivers a fixed sum promptly after a predefined incident, eliminating the usual complications associated with traditional insurance claims. The company also specializes in parametric earthquake insurance for renters and homeowners across the U.S., collaborating with prominent financial institutions to enhance accessibility. By simplifying insurance processes and making them more user-friendly, Jumpstart aims to significantly increase its customer base while fostering financial resilience within communities, particularly in California, where earthquake risks are prevalent.
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