2025 has been a big year for Patriot Select Property and Casualty Insurance. Following our launch in the spring, we set out with a clear mission: to provide a financially stable, customer-focused, and sustainable option for Florida homeowners.
Thanks to the trust of our policyholders, the hard work of our team, and the dedication of our independent agent partners, we have successfully met—and exceeded—our goals for our inaugural year.
Here are the top five accomplishments that define our success in 2025 and demonstrate our long-term commitment to the Sunshine State’s property insurance market:
1.) Official Launch with Exceptional Financial Strength
Patriot Select successfully launched in the Spring of 2025, entering the Florida market with both regulatory approval and the necessary financial backing to serve homeowners for the long term.
- Secured Strong Capital: We began operations with a robust financial foundation, having secured approximately $31 million in new capital.
- Veteran Leadership: The company is led by a veteran team of Florida insurance professionals, including former executives from Citizens Property Insurance Corporation, ensuring deep local market knowledge and a disciplined approach to risk. Further, the Board is composed of seasoned Floridian businesspeople, with a former legislator as Chairman.
2.) Earning an “A, Exceptional” Financial Stability Rating
In a market where financial strength is essential, we immediately established our credibility by earning a Financial Stability Rating (FSR) of A, Exceptional, from Demotech, Inc. This rating confirms our commitment to maintaining a robust policyholder surplus and unquestioned claims-paying capacity for catastrophic storms.
- Robust Reinsurance Program: To back this rating, we secured a comprehensive, multi-layered reinsurance program with global A-rated partners, ensuring our readiness to handle severe weather events, including multiple hurricanes, should they occur. This strength provides essential peace of mind to every Patriot Select policyholder.
3.) Successfully Assuming Over 25,000 Policies from Citizens
To contribute to a healthier Florida market, we are dedicated to moving policies out of the state-run plan, Citizens Property Insurance Corporation, and into the private sector.
- Multiple Successful Takeouts: We participated in Citizens depopulations in both the second and fourth quarters of 2025.
- Significant Growth: By the close of the year, we had successfully assumed over 25,000 personal residential policies. This major accomplishment not only contributes to market stability but also provides thousands of Florida homeowners with a dependable private-market option.
4.) Statewide Homeowners (HO-3) Product Launch
In June 2025, we officially launched our flagship homeowners (HO-3) insurance product, making tailored, comprehensive coverage available to homeowners across the state.
- Focus on Choice: We partnered with a growing network of independent insurance agents across Florida, ensuring homeowners have local, trusted experts to consult with when choosing their coverage.
- Customizable Options: Our policies offer flexible coverage options, as well as a wide range of premium discounts, such as those for secured communities and military/veteran status.
5.) Commitment to Transparent and Responsive Claims
Behind the financial strength and market growth is the outstanding service. We invested heavily in our claims and technology platform to ensure a high standard of service from day one.
- Technology-Enhanced Service: We launched an advanced, AI-powered claims reporting system to facilitate faster, more transparent claims handling.
- Local Focus: Our claims operations are fully prepared to support policyholders, utilizing local vendor partners and experienced teams to secure properties and begin repairs quickly after any covered loss.
Looking Ahead to 2026
As we close out this milestone year, we remain focused on disciplined growth, financial resilience, and providing exceptional service to every one of our valued customers. We look forward to continuing to be a dependable, long-term insurance partner for Florida homeowners.
