American Coastal Insurance Corporation (ACIC)

10.42 -0.27 (-2.53%) At close: 04:00PM EDT

American Coastal Insurance Corporation

800 2nd Avenue S.
Saint Petersburg, FL 33701
United States
727 633 0851
https://www.amcoastal.com

Sector(s): Financial Services
Industry: Insurance - Property & Casualty
Full-time employees: 71

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Robert Daniel Peed	Chairman & CEO	150k	N/A	1963
Mr. Bennett Bradford Martz CPA	President	953.12k	N/A	1971
Mr. Christopher Lee Griffith	COO, VP & Chief Information Officer	771.29k	N/A	1976
Ms. Brooke Eileen Adler	General Counsel & Corporate Secretary	667.61k	N/A	1977
Ms. Svetlana Castle CPA, J.D.	Chief Financial Officer	N/A	N/A	1982
Mr. James Andrew Gray Jr., CPA	Chief Compliance & Risk Officer	N/A	N/A	1963
Mr. Antonio Gonzalez	Senior Vice President of Sales & Agency Relations	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

American Coastal Insurance Corporation, through its subsidiaries, primarily engages in the commercial and personal property, and casualty insurance business in the United States. The company offers structure, content, and liability coverage for standard single-family homeowners, renters, and condominium unit owners. It also provides commercial multi-peril property insurance for residential condominium associations and apartments, as well as loss or damage to buildings, inventory, and equipment caused by fire, wind, hail, water, theft, and vandalism. In addition, the company offers equipment breakdown, identity theft, and cyber security policies. The company markets and distributes its products through a network of independent agencies. The company was formerly known as United Insurance Holdings Corp. and changed its name to American Coastal Insurance Corporation in August 2023. American Coastal Insurance Corporation was founded in 1999 and is based in Saint Petersburg, Florida.

Corporate governance

American Coastal Insurance Corporation’s ISS governance QualityScore as of 1 May 2024 is 5. The pillar scores are Audit: 10; Board: 6; Shareholder rights: 2; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.