Corporate Overview
American Coastal Insurance Corporation® (ACIC) is a publicly traded holding company (Nasdaq: ACIC) founded in 2007 that underwrites commercial residential property and casualty insurance policies in the United States through it’s wholly owned insurance subsidiary, American Coastal Insurance Company (AmCoastal).
Our target market consists of areas where the perceived threat of natural catastrophe has caused large national insurance carriers to reduce their concentration of policies. We manage our risk of catastrophic loss primarily through sophisticated pricing algorithms, avoidance of policy concentration, and the use of a comprehensive catastrophe reinsurance program.
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