Current News and Updates

Safepoint Insurance Launches a New Advantage Homeowners Program and Receives A.M. Best Rating

Tampa, Florida (June 9, 2014) - Safepoint Insurance Company, a Florida based property insurance carrier, announces the launch of a new Safepoint Advantage homeowner program to complement their successfully completed Citizens’ assumptions in February and March, 2014. Safepoint CEO, David Flitman, states “This product line will enable Safepoint to further diversify our risk portfolio and enhance our position in the Florida marketplace.”

The Advantage product will provide policyholders expanded coverages and competitive pricing. This product will be offered through a select group independent agents throughout Florida.

In addition, Safepoint is proud to announce that A.M. Best has assigned a financial strength rating of "B”(Fair) and an issuer credit rating of “bb” to the carrier. Flitman states, "Having an A.M. Best rating, in addition to our Demotech rating of "A - Exceptional", gives additional value to our customers and agents. We believe that in Florida’s large and diverse market, there is still room for another quality market participant. This additional rating reinforces our commitment to being one of many financially strong carriers working to improve the Florida property insurance marketplace”.

About Safepoint Insurance Company

Safepoint Insurance is a privately held Florida licensed insurance company based in Tampa, FL, specializing in residential property insurance products. Safepoint utilizes independent insurance agents to sell their products. With over $25 Million in policyholder surplus and local presence, Safepoint has the financial resources to protect Florida’s homeowners. Our Management Team is comprised of experienced professionals with over 75 years in the insurance industry - more than half spent in the state of Florida.
Our mission is to offer a superior customer experience, comprehensive coverages, expedited claim service and to give policyholders peace of mind.

About A.M. Best

A.M. Best’s Financial Strength Ratings are recognized as the benchmark for assessing the financial strength for insurance organizations throughout the globe. A.M. Best renders its independent rating opinions based upon a comprehensive evaluation of a company’s balance sheet strength, operating performance and business profile. To learn more about A.M. Best, visit www.ambest.com.

About Demotech, Inc.

Demotech, Inc. is a financial analysis firm specializing in evaluating the financial stability of regional and specialty insurers. Since 1985, Demotech has served the insurance industry by assigning accurate, reliable and proven Financial Stability Ratings® (FSRs) for Property & Casualty insurers and Title underwriters. FSRs are a leading indicator of financial stability, providing an objective baseline of the future solvency of an insurer. Demotech’s philosophy is to review and evaluate insurers based on their area of focus and execution of their business model rather than solely on financial size. Visit www.demotech.com for more information.

 

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