Patriot Select Property and Casualty Insurance Company Launches with Regulatory Approval, Strengthening Florida’s Homeowners Market
St. Petersburg, Fla. (April 15, 2025) – In a major step forward for Florida’s insurance market, Patriot Select Property and Casualty Insurance Company has received formal approval from the Florida Office of Insurance Regulation (OIR) to begin operations. Backed by seasoned industry leadership, institutional capital, and a forward-looking business model, Patriot Select enters the market with a mission to deliver dependable, long-term insurance solutions for Florida homeowners.
The company is led by John W. Rollins, a fourth-generation Floridian and seasoned executive with over 30 years of experience in Florida’s insurance marketplace. A licensed actuary, Rollins previously served as Chief Risk Officer and Board Member at Citizens Property Insurance Corporation, as well as Chief Financial, Underwriting, and Risk Officer at several Florida-based insurers.
“Thanks to its forward-looking Legislature and regulatory bodies, Florida’s property insurance market is stabilizing, yet there is still a clear need for additional capacity and competition,” said Rollins. “Patriot Select is focused on meeting this need by providing homeowners with reliable insurance options, grounded in sound financial management and a commitment to customer service.”
Rollins will be joined by several experienced Florida property insurance professionals, including Marcia A. Lamb, CPA, as Chief Financial Officer, and Kelly K. Booten, CPCU, as Chief Operating Officer.
Patriot Select is committed to partnering with independent agents across Florida who understand the unique insurance needs of their communities. Together, they will offer comprehensive homeowners policies backed by strong financials and robust catastrophe reinsurance. The company’s disciplined risk management approach and responsive claims-handling practices are designed to ensure policyholders receive dependable support, even after severe storms.
“We aim to support Florida’s continued growth and resilience by providing sustainable insurance solutions,” added Rollins. “Patriot Select will maintain a high standard of service and trust for homeowners across the state.”
As part of its formation, Insurance Advisory Partners LLC served as exclusive financial advisor to Patriot Select and exclusive placement agent for the notes, helping guide the capital raise and overall transaction strategy.
Acrisure Re, the re/insurance division of global fintech leader Acrisure, played a key role in the transaction, aligning strategic capital with its deep industry expertise. Its specialized catastrophe and capital advisory teams provided technical and consulting support throughout the process.
With OIR approval and strong partnerships in place, Patriot Select is excited to begin serving Florida homeowners.
About Patriot Select Property and Casualty Insurance Company
Patriot Select Property and Casualty Insurance Company is a Florida-based admitted-market insurer dedicated to providing property and casualty insurance solutions tailored to the unique needs of homeowners across the Sunshine State. Led by a team of seasoned industry professionals and guided by principles of integrity, service, and reliability, Patriot Select leverages advanced technology, local partnerships, and disciplined financial management to deliver stability and security. Committed to strengthening Florida’s resilience, Patriot Select works to protect its communities while supporting the state’s continued growth.
For more information about Patriot Select Property and Casualty Insurance Company, visit https://patriotselect.com/.
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