![]() ![]() ![]() The market could be as big as $40 billion, according to Verisk. Private interest in the flood insurance market has been slowly building. The $2 million investment was led by Trevor Burgess, chairman of Florida real estate development firm TRB Development and the founder and former CEO of C1 Bank (Florida bank sold to Bank of Ozarks in 2016), with participation from existing investors and Albert, Neptune’s founder and chief executive officer.īurgess and Jonathan Carlon, president of TRB Development, will join Neptune Flood’s board of directors. She has also been a recruiter of insurance executives with CE Insurance Services and marketing manager for Sunshine State Insurance, a Florida domestic insurer. She was president, COO and chief marketing officer for Prepared Insurance from 2009-2016 before joining Neptune. Lee, COO for Neptune, has experience in the Florida insurance market. Prior to joining Bunker Hill in 2016, Martin was president of Bankers Insurance in Florida. In 2015, Martin founded consulting firm Tangibly Unique Strategies, which was later folded into Neptune. Prior to that, he was chief information officer for Bankers Insurance in Florida.Ĭo-founder Martin is CEO of Bunker Hill Insurance Group, a unit of Boston-based Plymouth Rock Assurance. Prior to starting Neptune, Albert was president of JDA Advisors, a Florida technology and data analytics firm. Neptune Flood was founded in 2016 by Jim Albert and Bill Martin. “If our partners have other states in their forecast, we can quickly consider and deploy for them,” she said.Īmong the agencies already offering Neptune Flood are Prosper Insurance, a Virginia Beach digital agency Rocket MGA, a digital managing general agency in Florida QuickInsured, a national technology enabled insurance agency headquartered in Ohio and Matic Insurance, a digital home insurance agency based in California that integrates with lenders.
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