Neptune secures Transverse capacity for alt flood programme
Neptune secures Transverse capacity for alt flood programme 28-04-2021 19-04-2021 Neptune Flood, the AI-driven flood insurance provider, has unveiled its latest capacity programme, sponsored by Transverse Insurance Group and backed by a panel of global reinsurers. The $30 million premium capacity programme allows Neptune to meet growing demand for its flood insurance alternative to the government backed NFIP programme. It was placed through Acrisure Re, the carrier formerly Beach & Associates. Neptune policies placed with the programme will carry Transverse’s A- rating from AM Best. The pro...