By Mia MacGregor
June 26 - (The Insurer) - Palomar Holdings has appointed Neptune Flood as its exclusive MGA for flood insurance.
The partnership allows both companies to further their aim of providing a technology-driven alternative to the National Flood Insurance Program and making flood coverage more accessible to customers nationwide, according to Palomar.
Through this agreement, Palomar’s agents will gain access to Neptune’s platform, offering a streamlined quoting and binding experience with enhanced coverage options, the company stated.
“Together, we are expanding flood insurance availability with a streamlined and scalable solution that delivers strong value to our policyholders and partners,” said Jon Christianson, president of Palomar.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.