Neptune Flood Strengthens Leadership Team for Future Growth and Innovation

Neptune Flood, recognized as the leading private flood insurance provider in the United States, has made notable changes to its leadership team aimed at sustaining its continued growth and market expansion. With a strategic focus on enhancing its operational efficacy, the company has elevated Matt Duffy from Managing Director to President. Alongside this promotion, Alais Griffin will come on board as General Counsel, while Tom Wexler will assume the role of Chief Engineer, and Brad Schulz will take on added responsibilities as Chief Information Security Officer.

Leadership Changes and Implications

Matt Duffy’s promotion comes as a testament to his role in Neptune’s operations—his efforts have been pivotal in expanding the company's market reach and refining its innovative AI-driven underwriting platform. Under his stewardship, Neptune is poised for considerable growth, nearing an impressive $300 million in premium revenue and serving over 230,000 policyholders. Trevor Burgess, CEO of Neptune Flood, commended Duffy’s leadership and experience, emphasizing the vital role he plays in steering the company towards its ambitious growth trajectory.

In a company statement, Burgess remarked, “Matt has been crucial to Neptune’s accomplishments, and his ascension to President signifies our confidence in his capabilities to guide us.” Duffy’s focus will now encompass strategic initiatives, partnerships, and the management of day-to-day operations, consolidating control of the company's various growth initiatives.

Griffin's appointment as General Counsel brings a wealth of legal expertise to Neptune Flood. A Harvard graduate with a law degree from Northwestern University, her career has been characterized by significant contributions in legal strategy and corporate governance. Previously, Griffin was instrumental in establishing Griffin Strategic Law Advisors, and her experience includes serving as the General Counsel and Chief Ethics Officer for Big Brothers Big Sisters of America. Burgess expressed enthusiasm for Griffin's legal acumen, stating, “As Neptune expands, her guidance in regulatory compliance and corporate governance will be indispensable.”

Technical Advancements in Leadership

Additionally, the appointment of Tom Wexler as Chief Engineer highlights Neptune's commitment to harnessing cutting-edge technology in the insurance sector. Holding a Ph.D. in Computer Science from Cornell University, Wexler joins from Alphabet's Verily Life Sciences, where he made strides in machine learning applications. His previous work as a senior data scientist at Neptune established him as a key player in amplifying the company’s AI capabilities in underwriting, marking a significant advance in its technological standing.

In a complementary move, Brad Schulz, previously the Chief Technology Officer, will now serve as Chief Information Security Officer (CISO) as well. This new dual role will empower Schulz to concentrate on cybersecurity measures essential for safeguarding policyholders' sensitive data as the organization continues its trajectory of growth and innovation. Duffy praised Schulz's depth of knowledge, affirming, “His expanded focus on security will keep Neptune at the forefront of data protection while pushing the boundaries of technological innovation.”

Looking Ahead

The announced changes represent a strategic amplification of Neptune Flood's leadership, fortifying the company's readiness for future challenges and opportunities within the flood insurance market. As it aims to further modernize the insurance acquisition process, Neptune remains devoted to enhancing customer experience and expanding its market presence.

For more insights and details about Neptune Flood's leadership and its commitment to innovative flood insurance solutions, visit neptuneflood.com.

About Neptune Flood

Neptune Flood stands as the foremost private flood insurance provider in the United States. By integrating AI-driven underwriting and machine learning into its offerings, Neptune simplifies the flood insurance process and provides immediate, affordable, and comprehensive coverage solutions. With operations across 49 states and Washington, D.C.—with Alaska set to launch soon—Neptune is on a mission to bridge the flood insurance gap and enhance accessibility for policyholders nationwide.