American Strategic Insurance

Insurance Industry Veterans Partner with Flexpoint Ford to Launch Bridgehaven Insurance, A New UK Hybrid-Fronting Carrier Focused on Specialty Commercial Insurance

Retrieved on: 
Thursday, July 6, 2023

The UK-based company has the backing of Flexpoint Ford ("Flexpoint"), a private equity firm with significant experience investing in the insurance sector.

Key Points: 
  • The UK-based company has the backing of Flexpoint Ford ("Flexpoint"), a private equity firm with significant experience investing in the insurance sector.
  • The Company supports MGAs and programme managers who have demonstrated a track record of profitable underwriting results and a focus on commercial and specialty risks.
  • Bridgehaven is here to redefine the UK insurance landscape through meaningful, collaborative partnerships with insurers, MGAs, and reinsurers.
  • Flexpoint's other current and former investments in the insurance industry include Alera Group, American Strategic Insurance, GeoVera, Propel Insurance, SageSure, Vale Insurance Partners, VeriClaim, and TigerRisk Partners.

Insurance Industry Veterans Partner with Flexpoint Ford to Launch Bridgehaven Insurance, A New UK Hybrid-Fronting Carrier Focused on Specialty Commercial Insurance

Retrieved on: 
Thursday, July 6, 2023

The UK-based company has the backing of Flexpoint Ford ("Flexpoint"), a private equity firm with significant experience investing in the insurance sector.

Key Points: 
  • The UK-based company has the backing of Flexpoint Ford ("Flexpoint"), a private equity firm with significant experience investing in the insurance sector.
  • The Company supports MGAs and programme managers who have demonstrated a track record of profitable underwriting results and a focus on commercial and specialty risks.
  • Bridgehaven is here to redefine the UK insurance landscape through meaningful, collaborative partnerships with insurers, MGAs, and reinsurers.
  • Flexpoint's other current and former investments in the insurance industry include Alera Group, American Strategic Insurance, GeoVera, Propel Insurance, SageSure, Vale Insurance Partners, VeriClaim, and TigerRisk Partners.

Tim Stroble Appointed as Olympus Insurance Company Chief Executive Officer

Retrieved on: 
Wednesday, April 12, 2023

Gemini Financial Holdings Corporation (GFHC), the parent company of Olympus Insurance Company (OIC), has announced Tim Stroble to the position of Chief Executive Officer.

Key Points: 
  • Gemini Financial Holdings Corporation (GFHC), the parent company of Olympus Insurance Company (OIC), has announced Tim Stroble to the position of Chief Executive Officer.
  • The insurance veteran joins Olympus after having served as the Executive Vice President and Chief Operating Officer at Florida-based Centauri Insurance Company for the last six years.
  • Tim is the experienced, transparent, and dynamic leader that will bring continued stability to Olympus,” stated Dennis McGill, Chairman of Olympus Insurance.
  • The team at Olympus is proud to have a great strategist and exceptional leader in Tim Stroble and are thrilled about the future of Olympus.

National Programs Announces Promotions at Orchid Underwriters

Retrieved on: 
Tuesday, September 6, 2022

Orchid Underwriters was acquired by National Programs, a Brown & Brown Company, earlier in 2022 to round out the segments personal lines coastal wind underwriting capabilities and expand its presence in the high-net-worth homeowners space.

Key Points: 
  • Orchid Underwriters was acquired by National Programs, a Brown & Brown Company, earlier in 2022 to round out the segments personal lines coastal wind underwriting capabilities and expand its presence in the high-net-worth homeowners space.
  • We were very impressed by Kathys leadership capabilities and Rosss underwriting skill during our diligence of Orchid, said Chris Walker, president of National Programs.
  • At the same time, we are excited to formally engage Steve Carlsen with the wider National Programs segment.
  • I also want to express my appreciation for the welcome and support weve received from National Programs and the broader Brown & Brown organization.

Vivint Smart Home Appoints Ron Davies as Company’s First Chief Insurance Officer

Retrieved on: 
Tuesday, March 15, 2022

Vivint Smart Home, Inc. (NYSE: VVNT) today announced that Ron Davies has been named chief insurance officer.

Key Points: 
  • Vivint Smart Home, Inc. (NYSE: VVNT) today announced that Ron Davies has been named chief insurance officer.
  • In this newly created role, Davies will lead all aspects of Vivint's growing smart insurance business, including the development of its market strategy, the companys development of its MGA with proprietary products, as well as its insurance agency.
  • View the full release here: https://www.businesswire.com/news/home/20220315005054/en/
    Ron Davies, Chief Insurance Officer at Vivint (Photo: Business Wire)
    Our entrance into the smart insurance industry is highly strategic to our smart home vision, and I can think of no one better than Ron to help make this a reality, said David Bywater.
  • You should read the documents Vivint Smart Home has filed with the SEC, including the Form 10-K and the Companys other periodic filings, for more complete information about the Vivint Smart Home.

American Integrity Insurance Announces New Partnership with Cape Analytics

Retrieved on: 
Tuesday, January 12, 2021

American Integrity Insurance Company, a premier Florida-based property insurance provider, announces a new partnership with Cape Analytics that will allow American Integrity to assess properties remotely to keep its agents, employees and customers safe, an essential capability during the time of COVID-19.

Key Points: 
  • American Integrity Insurance Company, a premier Florida-based property insurance provider, announces a new partnership with Cape Analytics that will allow American Integrity to assess properties remotely to keep its agents, employees and customers safe, an essential capability during the time of COVID-19.
  • We are excited to launch our partnership with Cape Analytics to expand our Underwriting capabilities even further in this very dynamic Florida marketplace, said Patrick Madigan, Vice President of Underwriting and Client Services at American Integrity.
  • We are thrilled to announce this partnership and support American Integrity Insurance with AI-driven property information and remote risk assessment.
  • Offering traditional and high valued homeowners insurance, condo insurance, renters insurance, and vacant and rental home insurance, American Integrity is also proud to offer extra protection, including flood insurance, umbrella insurance, golf cart insurance, boat insurance, cyber coverage and identity theft protection as well as equipment breakdown coverage, to help address a broad range of needs facing Florida homeowners today.

UniVista Insurance Ranked In Top 4 Of Insurance Agencies In South Florida Business Journal List

Retrieved on: 
Wednesday, September 16, 2020

4 onSouth Florida Business Journal's list of Insurance Agencies, the private insurance company announced today.

Key Points: 
  • 4 onSouth Florida Business Journal's list of Insurance Agencies, the private insurance company announced today.
  • With more than a decade of operations in Florida, UniVista Insuranceis a family-owned and operated, independent insurance agency.
  • "Having UniVista Insurance in the Top 4 inSouth Florida Business Journal's list of South Florida Insurance Agencies is a big milestone for us because our local customers and franchisees are the bedrock of our expansion throughout Florida," said Ivan Herrera, UniVista CEO.
  • UniVista Insurance is a Top 54 Largest Private Company in theSouth Florida Business Journal, with more than $90 million in combined revenue last year.

Service Champions Continues to Expand Footprint with Acquisition of ASI Hastings

Retrieved on: 
Tuesday, September 1, 2020

This transaction marks Service Champions sixth acquisition since CenterOak completed a majority investment in May 2019.

Key Points: 
  • This transaction marks Service Champions sixth acquisition since CenterOak completed a majority investment in May 2019.
  • We are incredibly excited to welcome ASI into the Service Champions family, said Leland Smith, CEO of Service Champions.
  • The ASI team is thrilled to be joining Service Champions, an organization which shares our vision and commitment to our customers and employees, said Phil Justo, President of ASI.
  • As the largest residential service provider in California, Service Champions goes to market via four iconic local trade names Service Champions, Moore Home Services, Bell Brothers and ASI.

Root Launches Homeowners Insurance

Retrieved on: 
Wednesday, June 3, 2020

Root Home, a streamlined homeowners insurance program, is now available in 13 states.

Key Points: 
  • Root Home, a streamlined homeowners insurance program, is now available in 13 states.
  • Root Insurance customers who bundle with new or existing auto policies will save 10% on homeowners insurance.
  • Homeowners insurance is available through a partnership with Homesite, a national provider of home insurance, rated A (Excellent) by A.M.Best.
  • Root Insurance Agency provides homeowners insurance through Homesite Group Incorporated .

Neptune Flood and Plymouth Rock Assurance Partner to Offer Flood Insurance Coverage Across the Northeast

Retrieved on: 
Tuesday, June 2, 2020

ST. PETERSBURG, Fla., June 2, 2020 /PRNewswire/ -- Neptune Flood , the first AI driven flood insurance company to provide fast, easy and better flood insurance, is partnering with leading Northeastern auto and home insurance provider Plymouth Rock Assurance to offer flood insurance coverage through its network of independent agents as hurricane season approaches.

Key Points: 
  • ST. PETERSBURG, Fla., June 2, 2020 /PRNewswire/ -- Neptune Flood , the first AI driven flood insurance company to provide fast, easy and better flood insurance, is partnering with leading Northeastern auto and home insurance provider Plymouth Rock Assurance to offer flood insurance coverage through its network of independent agents as hurricane season approaches.
  • Homeowners insurance from Plymouth Rock with flood insurance from Neptune is a powerful combination to protect customers from the approaching hurricane season," said Trevor Burgess, President and CEO of Neptune Flood.
  • Plymouth Rock provides coverage to drivers and property owners across Connecticut, Massachusetts, New Hampshire, New Jersey, New York and Pennsylvania.
  • Plymouth Rock Assurance and Plymouth Rock are brand names and service marks used by separate underwriting, managed insurance, and management companies that offer property and casualty insurance in multiple states.