Patriot Select approved to enter Florida homeowners market

Patriot Select P&C Insurance Company  has received regulatory approval to launch operations in Florida, joining the state’s recovering but still capacity-strained homeowners market. The new insurer is led by industry veteran and former Citizens executive John W. Rollins, and is backed by institutional capital and reinsurance support from Acrisure Re.

Patriot Select will focus on independent agent distribution and offer comprehensive homeowners coverage, supported by disciplined underwriting and catastrophe risk management. It marks another signal of renewed investor confidence in Florida’s P&C environment.

The company has appointed Marcia A. Lamb as CFO and Kelly K. Booten as COO. Insurance Advisory Partners served as financial advisor and placement agent.