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Get NP alertsThe proxy statement of Neptune Insurance Holdings Inc. reports total compensation of $17,377,687 for Matt Duffy in fiscal 2025, including a base salary of $312,500. Disclosed compensation is on record for 2 fiscal years. Matt Duffy has spoken on 4 earnings calls across 1 company, most recently for Neptune Insurance Holdings Inc. on October 20, 2026. Neptune Insurance Holdings Inc. is classified in the Insurance Brokers industry within the Financial Services sector. Other leadership on record at Neptune Insurance Holdings Inc. includes Trevor Burgess (CEO), Jim Steiner (CFO and Board Member) and David Noble (Board Member).
“It's been a remarkable year for Neptune, and as we mark the first anniversary of our IPO, I want to spend some time today discussing not just the results we're delivering, but what's driving them and what they tell us about the future of the business.”
“Before I get into the detail, one point. People often ask whether AI is mainly about reducing costs. That's not how we think about it. Neptune already operates with exceptionally high efficiency.”
“Q1 was a very strong quarter for our system and our team of 62 exceptional employees. Across our three core pillars, we continued to adapt, innovate, and performed, with the results able to speak for themselves.”
“Let me walk through how we scaled our three core pillars during the fourth quarter. Our technology platform handled elevated volume without strain during the federal government shutdown.”
Proxy statement
Start not stated–present
Last confirmed April 17, 2026
Insurance Brokers · Financial Services
Compensation components disclosed in company proxy statements. Amounts are nominal USD; total is the company-reported figure.
| Fiscal year | Company | Role | Salary | Total |
|---|---|---|---|---|
| 2025 | Neptune Insurance Holdings Inc. (NP) | President and Chief Risk Officer, Neptune Flood | $312,500 | $17,377,687 |
| 2024 | Neptune Insurance Holdings Inc. (NP) | President and Chief Risk Officer, Neptune Flood | $200,000 | $411,694 |
