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St. Pete insuretech firm files for patent

November 15, 2019 - Neptune Flood, a St. Petersburg insurance company that uses advanced data analytics and technology to create quotes, has filed for a patent for its Triton technology. Triton is being used for residential flood products now, but Trevor Burgess, Neptune's chairman, said the company expects to use the Triton for additional products in the next few months. Triton has "fundamentally altered the way risk is selected, pricing is determined and how we allocate the resulting insurance policies among reinsurers," Brad Schulz, Neptune's chief technology officer, said in a news release.

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