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April 4, 2010

ASI Enters the New Jersey Homeowners Market

St. Petersburg, FL (April 8, 2010) - American Strategic Insurance (ASI), voted one of Florida’s best companies to work for, is pleased to announce its entrance into New Jersey’s personal lines insurance market. ASI is offering homeowners, renters, and flood coverage to New Jersey residents through their independent agency force. The company plans write condo owners and seasonal/investment properties by the end of this quarter.

The insurer’s President and Chief Executive Officer, John Auer, said, "ASI is excited to enter the New Jersey marketplace. We look forward to partnering with the independent agency force and offering dependable coverage and service to New Jersey residents."

ASI has more than $525 million in written premiums and nearly $300 million in policyholders’ surplus. The company has 500,000 policies written across Arizona, Colorado, Florida, Louisiana, South Carolina and Texas. ASI specializes in personal lines property insurance and also offers Flood coverage as a Write Your Own (WYO) Flood Service Provider. The company is licensed in 15 additional states with plans to expand nationally. ASI holds an A- (Excellent) Rating by A.M. Best with a "Positive" outlook (review completed March 8, 2010). The company is also recognized in the industry as a leader in claims handling and customer service.

Insurance agents interested in joining the ASI team should call (866) 274-8765 ext. 853 or find additional information on the web at www.americanstrategic.com.