K2 Insurance Services Sponsors the Launch of American Mobile Insurance Exchange, a New Reciprocal Exchange That Will Provide Mobile Homeowners Insurance Coverage in Florida
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SAN DIEGO, Feb. 2, 2021 /PRNewswire/ K2 Insurance Services, LLC ( K2 ), an insurance services holding company, and New York based private equity firm Lee Equity Partners ( Lee ), announced today the formation of American Mobile Insurance Exchange ( AMIE ), a new reciprocal exchange that will protect mobile homeowners in Florida. AMIE is headquartered in St Petersburg, Florida and has received additional financial support from Hudson Structured Capital Management Ltd., doing its re/insurance business as HSCM Bermuda ( HSCM ), a leading asset manager focused on the re/insurance industry. AMIE has earned a Financial Stability Rating® ( FSR ) of
Newly-Formed K2-Backed Exchange to Offer Coverage for Mobile Homeowners in Florida February 2, 2021
Insurance services holding company K2 Insurance Services and New York based private equity firm Lee Equity Partners have formed American Mobile Insurance Exchange (AMIE), a reciprocal exchange that will seek to insure mobile homeowners in Florida.
AMIE, which is headquartered in St. Petersburg, Florida, has received additional financial support from Hudson Structured Capital Management Ltd., doing its re/insurance business as HSCM Bermuda, an asset manager focused on the re/insurance industry.
AMIE will focus on writing mobile homeowners and mobile homeowner dwelling fire insurance coverages for manufactured homeowners, largely in Adult Parks, across Florida.