About Us
Security First Insurance Company is capitalized at $24 million, and has received an "A" (Exceptional) Financial Stability Rating® from the national financial rating service Demotech, Inc. (www.demotech.com).
Security First Insurance's conservatively structured reinsurance program exceeds what is suggested by the state of Florida for insurance companies. It is suggested that Florida companies have enough reinsurance to cover one 100-year event and two 20-year events in a single year. Security First has purchased more reinsurance for our book of business to provide you with added protection and stability.
Security First Insurance purchases reinsurance from companies with A.M. Best rates of A- or better. In the event of a hurricane, our reinsurance program assures that Security First Insurance Company's net loss will be no more than $750,000 or 3% of surplus. This means that we will be here when you need us most: after the catastrophe. Click here for detailed information on how we'll be here for you for years to come.
| Partners | |||
| Everest Re* | 50% | A+ (Superior) A.M. Best Rated | |
| Flagstone Re** | 35% | A- (Excellent) A.M. Best Rated | |
| * Publicly Traded and worth more than $2 billion. ** Publicly Traded and worth from $500 million to $750 million |
|||