Organization
From humble beginnings in the Sunshine State, American Strategic Insurance (ASI) is now one of the 15 largest homeowners insurance carriers in the United States.
Through a network of independent agents, ASI offers home, condo, renters, dwelling fire, and flood insurance in over forty states. ASI is also a Write Your Own (WYO) flood insurance provider for the National Flood Insurance Program. The company holds a rating of A (Excellent) from A.M. Beast Co., the leading independent rating organization for insurance companies. ASI has ranked as one of Florida’s Best Companies to Work For by Florida Trend for eight consecutive years. In 2015 they became a majority-owned subsidiary of the Progressive Corp, a national insurance company that provides insurance for personal and commercial vehicles and watercraft.
From humble beginnings in the Sunshine State, American Strategic Insurance (ASI) is now one of the 15 largest homeowners insurance carriers in the United States.
Through a network of independent agents, ASI offers home, condo, renters, dwelling fire, and flood insurance in over forty states. ASI is also a Write Your Own (WYO) flood insurance provider for the National Flood Insurance Program. The company holds a rating of A (Excellent) from A.M. Beast Co., the leading independent rating organization for insurance companies. ASI has ranked as one of Florida’s Best Companies to Work For by Florida Trend for eight consecutive years. In 2015 they became a majority-owned subsidiary of the Progressive Corp, a national insurance company that provides insurance for personal and commercial vehicles and watercraft.
Company Overview
Company Name
American Strategic Insurance
Year Established
1997 (20)
Number of Employees
500
Profile
In 1997, American Strategic Insurance began offering insurance coverage in Florida. Their goal was to provide Residential Property Insurance which made ASI a prime choice for homeowners looking for financial protection against unforeseen events. In 2002, the company sold 100,000 policies, and in 2004 it showed financial stability after Hurricanes Charley, Frances, Ivan, and Jeanne. By 2013, ASI's premium growth steadied and peaked at $1 billion in earnings. Today its coverage reaches customers on 40 states. ASI believes that its success relies on the combined efforts and impacts of its partners, independent agents, team members, and policyholders.
Awards & Accolades
No. 1 spot in Tampa Bay Time's "Top Workplaces" program National Flood Insurance Program's 2010 Administrator's Club Award 2011 Florida Trend's "Best Companies To Work For" Award 2010 Florida Trend's "Best Mid-Sized Company" Award
Core values/mission statement
Attitude: They live and breath positivity. Their supportive and respectful nature is at the heart of our company’s success. Speed: From fast underwriting experiences to first responders during natural disasters, they are committed to enhancing every product and service they offer as quickly as possible. Innovation: They transform ideas into realities. Its inspiring, creative and clever team challenges the status quo by seeking improvement every chance we get.
Company Leadership
President and CEO
John Auer founded the American Strategic Insurance group (ASI) in August 1997 to provide a voluntary market for residential property insurance. Under John’s leadership, ASI has grown to become one of the 15 largest residential property insurers in the United States. Prior to founding ASI, John served as Vice President of Product Management and Corporate Planning at Bankers Insurance Group and as a Division Controller at Crum & Forster Personal Insurance. He began his insurance career in 1976 as an internal auditor at State Farm Mutual Insurance Company. Throughout his career, John has played a key role in working with regulators and legislators in finding solutions to property insurance issues. He currently serves as a Board member and Chair-Elect of the Florida Hurricane Catastrophe Fund Advisory Council and was previously appointed to Florida’s Property and Casualty Reform Committee’s technical advisory council.
