User:Sherrylking/sandbox/GeoVera Holdings, Inc.

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Sherrylking/sandbox/GeoVera Holdings, Inc.
IndustryInsurance
FoundedJune 25, 2005 (2005-06-25)
HeadquartersFairfield, Ca
Key people
  • John Forney COO
  • Brian Sheekey CFO
Subsidiaries
  • Coastal Select Insurance Company
  • GeoVera Insurance Company
  • GeoVera Advantage Insurance Services, Inc.
  • GeoVera Specialty Insurance Company
Websitehttps://www.geoveraholdingsinc.com/

GeoVera Holdings, Inc. is group of insurance companies headquartered in Fairfield, California. Its subsidiaries provide residential property insurance in markets throughout the United States that are exposed to catastrophe perils, such as hurricanes or earthquakes. They operate in both admitted and surplus lines markets.[1]

History[edit]

2005 to current[edit]

2005

To acquire GeoVera Insurance Company, Pacific Select Property Insurance Company (renamed to Coastal Select Insurance Company), GeoVera Specialty Insurance Company, and GeoVera Specialty Insurance Services, Inc. from St. Paul Travelers, GeoVera Holdings, Inc. was formed on June 28, 2005 by Friedman, Fleischer & Lowe, LLC and Hellman & Friedman, LLC.[2]

2012

On August 8, 2012, GeoVera Holdings, Inc. was acquired by Flexpoint Ford, LLC.[3]

Subsidiaries[edit]

GeoVera's companies include:[4]

  • Coastal Select Insurance Company (Formerly known as Pacific Select Property Insurance Company),
  • GeoVera Insurance Company,
  • GeoVera Advantage Insurance Services, Inc., and
  • GeoVera Specialty Insurance Company.

Products and services[edit]

GeoVera's products and services include:[1][5][6][7][8]

  • residential earthquake insurance;
  • property insurance including homeowners, homeowners (wind only), landlord (tenant-occupied), vacant, and commercial converted homes for landlords;
  • residential windstorm-hurricane;
  • flood insurance;
  • Supporting services encompassing homeowners, brokerage, and policy services, policy and endorsement processing, policy documents, policy management, and claims.

CEOs[edit]

CEO Years Served
Kevin Nish 2005–2020 (15)
John Forney 2020–present

[9]

Financial ratings[edit]

References[edit]

  1. ^ a b "GeoVera Holdings Inc. Products". www.geoveraholdingsinc.com. Retrieved 2021-02-17.{{cite web}}: CS1 maint: url-status (link)
  2. ^ "GeoVera Insurance Group Holdings, Ltd". Hellman & Friedman. Retrieved 2021-02-17.
  3. ^ "GeoVera Holdings". Flexpoint Ford, LLC. Retrieved 2021-02-17.
  4. ^ "GeoVera Holdings Inc. Companies". www.geoveraholdingsinc.com. Retrieved 2021-02-17.{{cite web}}: CS1 maint: url-status (link)
  5. ^ "Coastal Select Products". www.coastalselectinsurance.com. Retrieved 2021-02-17.{{cite web}}: CS1 maint: url-status (link)
  6. ^ "GeoVera Insurance - About". www.geovera.com. Retrieved 2021-02-17.{{cite web}}: CS1 maint: url-status (link)
  7. ^ Specialty, GeoVera. "Our Products • GeoVera Specialty". GeoVera Specialty. Retrieved 2021-02-17.
  8. ^ Advantage, GeoVera. "About GeoVera Advantage • GeoVera Advantage Insurance Services, Inc". GeoVera Advantage Insurance Services, Inc. Retrieved 2021-02-17.
  9. ^ Media, Newton. "GeoVera names John Forney as CEO". Bermuda Re/insurance. Retrieved 2021-02-17.
  10. ^ "A.M. Best - GeoVera Insurance Group". A.M. Best. 17 February 2021. Retrieved 17 February 2021.{{cite web}}: CS1 maint: url-status (link)

External links[edit]