Neptune Insurance Holdings Inc. (NP) company profile
Close on Nov 13, 2026Market cap $3.92BP/E 91.4Yield –
About Neptune Insurance
Insurance Agents, Brokers & Service, SIC 6411
Neptune operates as a data-driven managing general agent (MGA) specializing in residential and commercial flood and natural disaster insurance. Its offerings include primary flood insurance, excess flood insurance, and parametric earthquake insurance, with residential properties comprising the primary business segment alongside commercial coverage. The company underwrites and administers policies on behalf of insurance and reinsurance capacity providers, while avoiding balance sheet insurance risk and claims management. Its customers include homeowners and commercial property owners seeking flood protection.
The company distributes its policies across all fifty U.S. states and Washington, D.C. Distribution relies primarily on a nationwide agency network encompassing more than 23,000 unique agency partner codes that have bound policies, alongside an internal agency and direct-to-consumer digital sales. The provided text details nationwide operations across the United States but does not identify the city or state where Neptune is headquartered.
Summary of the business section of Neptune Insurance's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Neptune Insurance Holdings Inc.
- Founded
- 2018
- Headquarters
- St. Petersburg, FL
- Address
- 400 6th St S 33701
- Phone
- (727) 202-4815
- Website
- neptuneflood.com
- Employees
- 62, Dec 31, 2025
- Industry
- Insurance Agents, Brokers & Service
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- PricewaterhouseCoopers LLP, Philadelphia, Pennsylvania
Stock & identifiers
- Ticker
- NP
- Exchange
- NYSE
- IPO date
- Oct 1, 2025
- Shares outstanding
- 138M, Oct 21, 2026
- Filer category
- Non-accelerated filer<br>Emerging growth company
- SEC CIK
- 2067129
- CUSIP
- 64073B103
- ISIN
- US64073B1035
- FIGI
- BBG01X1D5ZD9
- Share class FIGI
- BBG01X1D60G2
- LEI
- 529900I3QTHC0Q1C2D65
- EIN
- 33-4189588
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Trevor R. Burgess | Chief Executive Officer, Director | 45,848,520 |
| James Steiner | Chief Financial Officer, Director | 4,295,226 |
| Matthew Paul Duffy | President & Chief Risk Officer | 1,619,798 |
| David Stanley Edward Noble | Director | 47,454 |
| Jonathan Winant Carlon | Director | 6,365,480 |
| Cristian A. Melej | Director | 69,042 |
| Michael Warren Vostrizansky | Director | 23,000 |
| Blair J. Greenberg | Director | – |
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Bonus | Stock awards | Option awards | Other | Total | vs. prior year |
|---|---|---|---|---|---|---|---|
| Trevor Burgess Chief Executive Officer and Chairman | $400.00K | $300 | $39.66M | $444.21K | $14.00K | $40.52M | +7839% |
| Jim Steiner Chief Financial Officer, Secretary and Director | $331.25K | $1.30K | $10.71M | $1.09M | $13.30K | $12.15M | +4420% |
| Matt Duffy President and Chief Risk Officer, Neptune Flood | $312.50K | $1.30K | $15.84M | $1.21M | $12.52K | $17.38M | +4121% |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
IPO
From the final prospectus (Form 424B4) and the first day of trading
Offering
- Type
- Initial public offering
- Final prospectus filed
- Oct 1, 2025
- Offer price
- $20.00
- Securities offered
- 18,421,053
- Gross proceeds
- $368.42M
- Exchange
- NYSE
- Lock-up ends (est.)
- Mar 30, 2026
“The initial public offering price is $20.00 per share.”
Lock-up end is estimated as 180 days after the first trading day; the prospectus sets the actual terms.
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Oct 1, 2025 | IPO | Initial public offering priced (424B4 prospectus) |
| Sep 29, 2025 | Listing | Registration of securities on an exchange (Form 8-A) |
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