Specialty Property Insurance. Saint Petersburg, Florida.
ACIC owns four operating companies. The group focuses on catastrophe-exposed commercial property. Disciplined underwriting. Disciplined capital.
Trades on NASDAQ as ACIC. ACIC holds a KBRA Issuer Rating of BBB- with Positive outlook. American Coastal Insurance Company carries a KBRA A- Insurance Financial Strength Rating with Positive outlook and a Demotech A Exceptional rating.
Four operating companies: American Coastal Insurance Company, the admitted Florida carrier; Skyway Underwriters, the group's managing general agent; Shoreline Re, a Cayman captive reinsurer; and ACES Specialty Insurance Company, filed in Arizona and extending the group into excess and surplus lines.
The record since 2007.
- 2007
American Coastal Insurance Company founded. Florida commercial residential property focus.
- November 2024
Skyway Underwriters launched as the group's managing general agent, writing Florida apartment property on ACIC paper. Quota share cession reduced from 40% to 20% effective June 1, 2024, retaining more of the book.
- 2024
Net income of $75.7 million on a 67.5% combined ratio. EPS $1.54.
- December 2024
Special cash dividend of $0.50 per share declared, paid January 2025.
- April 2025
Sale of Interboro Insurance Company to Forza Insurance Holdings, LLC closed April 1, 2025 for $25.7 million in cash, completing the exit from personal lines.
- December 2025
Special cash dividend of $0.75 per share declared, payable January 9, 2026.
- February 2026
2025 results: net income of $106.8 million, EPS $2.15, book value per share $6.51. Policies in force grew 5.2% to 4,311.
- March 2026
Completed $5 million of common stock repurchases: 438,746 shares at an $11.40 average.
- 2026
ACES Specialty Insurance Company filed with the Arizona Department of Insurance, extending the group into excess and surplus lines.
Specialty property. Disciplined capital.
Catastrophe-exposed commercial property is the market we know. We underwrite where structural knowledge of the building, the location, and the reinsurance tower drives whether the business is profitable.
American Coastal carries the admitted paper. Skyway scores submissions. Shoreline Re participates in the reinsurance program. ACES extends capacity into E&S once operational.
Risk-adjusted return on capital is the governing metric. Not premium growth.
Leadership.
R. Daniel Peed
Founder of American Coastal Insurance Company. Chief Executive Officer and Chairman of the Board from July 2020 through February 2025; Executive Chairman since. Director since April 2017. Previously President and Chief Executive Officer of AmRisc, LLC from December 2000 to December 2018.
B. Bradford Martz
President since July 2020 and Chief Executive Officer since February 2025. Served as Chief Financial Officer from October 2012 to January 2024. Previously Chief Financial Officer of Bankers Financial Corporation.
Brooke Adler
General Counsel since April 2021; joined as Assistant General Counsel in 2020. Also Corporate Secretary. Previously General Counsel of a multi-state property insurance company.
Christopher Griffith
Chief Information Officer since October 2018 and Chief Operating Officer since July 2021. Also President of American Coastal Insurance Company and President of Skyway Underwriters. Previously Vice President and Chief Information Officer of Safety National Casualty Corp from April 2013 to September 2018.
Svetlana Castle
Chief Financial Officer since January 2024. Certified Public Accountant. Spent 16 years at Bankers Financial Corporation, including Chief Financial Officer for its Florida and Louisiana property and casualty companies.
J. Andy Gray
Chief Compliance and Risk Officer since January 2024. Roles across finance, internal audit, and enterprise risk management at the company since 2017. Chief Financial Officer of American Coastal Insurance Company from 2015 to 2017.
Troy Crawford
Appointed Chief Underwriting Officer of American Coastal Insurance Corporation in February 2026. Chief Underwriting Officer of the carrier since January 2025.