American Strategic Insurance Corp. (ASI) has entered Virginia, Delaware and Georgia residential property markets.
The company offers policies for homeowners, renters, condominium owners, seasonal residents and investment property owners through independent agencies. The company also offers flood coverage.
ASI, a Florida-based company, writes in 10 states (Arizona, Colorado, Delaware, Florida, Georgia, Louisiana, New Jersey, South Carolina Texas and Virginia) wand says it has plans to enter more than 10 additional states in the next 18 months.
The company currently has $525 million in written premiums and nearly $300 million in policyholders’ surplus.
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