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Safepoint Insurance Company Licensed to Enter the Florida Homeowners Market

Tampa, FL (November 22, 2013) – Safepoint Insurance (Safepoint) today announced the Company has been licensed by the Florida Office of Insurance Regulation (the OIR) to write homeowners business in the state of Florida. The Company has been assigned a Financial Stability Rating® of A, Exceptional, from Demotech, Inc., a leading provider of financial ratings for insurance companies.

Based in Tampa, Safepoint will be led by David Flitman, Chief Executive Officer, who has extensive insurance and reinsurance experience in the Florida market and beyond. Most recently, David was based in Bermuda as the Executive Director of Global Property Underwriting and Chief Actuary for Flagstone Reassurance Suisse SA. In this role, David participated on a number of Florida reinsurance programs.

The OIR has approved Safepoint to assume policies from Citizens Property Insurance Corporation in February, 2014. The Company will limit its assumption to policies it intends to write over the long-term. In the spring of 2014, Safepoint will launch a new “preferred” homeowners product to expand their market presence.

Mr. Flitman commented “We are very pleased to enter the dynamic Florida property insurance market and offer Floridians another choice for their insurance. Safepoint is committed to being a long-term partner of the independent insurance agents in Florida by providing high quality service and financial security for their customers.”

Joining David as part of the Safepoint Management Team are John Burns, Chief Financial Officer and Nancy Baily, Chief Operating Officer. John most recently served as the CFO for Universal, N.A. in Sarasota. Nancy previously served as the CEO of Travelers of Florida.

For more information contact: David Flitman, CEO, Safepoint Insurance

 

Contact Information:

24 Hour Claims:
855-CLAIM15
Personal Lines:
877-858-7445
Commercial Lines:
844-722-9985
This company was issued a rating by the A.M. Best Company, click for additional details
FSR for SAFEPOINT INSURANCE COMPANY

Customer Service

Phone: 877-858-7445
Fax: 813-906-6474
underwriting@safepointins.com
billing@safepointins.com

Payments

Safepoint Insurance Company
P.O. BOX 292547
Tampa, FL 33687

Overnight Mail

Safepoint Insurance Company
8761 N 56th Street
Box 292547
Tampa, FL 33617