June 05, 2008
Dear Agency Principal,
Your agency recently received an email announcing a change in American Integrity Insurance Company of Florida's Citizens takeout cycle. We wanted to add some additional information to the email you received. American Integrity, working in conjunction with the OIR, mutually agreed to forgo the June 2008 takeout so that we would be in a position to consider takeout approval later this year. This will allow us to focus on writing voluntary business during the wind season.
Unfortunately, your Citizens policyholders received notices last month about the assumption of their policy and as we do on all takeout communications, we are working with the OIR and Citizens to make sure that the proper notices are sent to agents and insureds affected by this recent action. We apologize in advance for any confusion or frustration this may cause to you or your insured.
American Integrity was formed in late 2006 for the express purpose of contributing capacity to the Florida homeowners marketplace. We have delivered on that promise by successfully assuming over 122,000 polices from Citizens. During this time, we have increased our surplus from $5 million to over $25 million. This success would not have been possible without your support. With a newly placed and solid reinsurance program in place for the 2008 wind season, we are in an excellent position to protect and grow policyholder surplus.
In addition to our voluntary writings that have recently begun, our plan is to resume takeout activity later this year. We appreciate our agency relationships and look forward to seeing many of you over the summer. Please call us at 866-663-8812 or visit our website at www.aiicfl.com.
Sincerely,

Robert C. Ritchie, CEO
American Integrity Insurance Group
email: contact@aiicfl.com
phone: 813-880-7000
web: http://www.aiicfl.com
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