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American Strategic Insurance

American Strategic Insurance (“ASI”) functions as an insurance “group” with several separately incorporated companies under a common umbrella. The group of companies includes five Florida-domiciled insurance companies, a Texas-domiciled insurance company, a Delaware-domiciled insurance company and three managing general agencies. The group holds an A.M. Best rating of “A” (Excellent) and currently writes business in 25 states. ASI offers personal lines residential property insurance, commercial lines property insurance, personal umbrella insurance, condominium association insurance, and flood and excess flood insurance. ASI is also a Write-Your-Own Flood Insurance provider for the National Flood Insurance Program.

Transaction Details:

Location: St. Petersburg, Florida
Investment Date: 2006
Investment Status: past