Core Insights - Palomar Holdings, Inc. has announced a strategic partnership with Neptune Flood, making Neptune the exclusive managing general agent for flood insurance [1][2] - The partnership aims to enhance flood insurance accessibility through Neptune's AI-driven technology and data science capabilities, providing a robust alternative to the National Flood Insurance Program [2][3] Company Overview - Palomar Holdings, Inc. operates several subsidiaries, including Palomar Specialty Insurance Company and Palomar Specialty Reinsurance Company, and is recognized for its innovative specialty insurance offerings across various product categories [4] - Neptune Flood is the largest private flood insurance provider in the U.S., with nearly 250,000 policies in force, and utilizes AI-driven underwriting to simplify the flood insurance process [5] Strategic Goals - The collaboration is expected to expand flood insurance availability and streamline the quoting and binding experience for Palomar's agents, enhancing coverage options for policyholders [3][2] - Both companies share a mission to close the flood insurance gap and make coverage more accessible nationwide [5][2]