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Applied Underwriters sells off Sarasota subsidiary to coastal risk insurer

Buyer will address admitted insurance needs of homeowners and property investors

United statesTraci stillwagonJamie saharaRicardo espinoBob courtemancheCentauri specialty insurance companyHome nationalCentauri national insurance companyArbol incApplied underwritersSarasota based centauri insuranceLilypad insurance

Arbol aims to grow TAM of parametric through subsidiary Lilypad, which acquired Centauri

Arbol, a technology-led underwriter of parametric risk transfer, climate and weather insurance or reinsurance business, has established Lilypad Insurance

United statesRicardo espinoSteve menziesJamie saharaTraci stillwagonCentauri specialty insurance companyLouisiana department of insuranceCertificate of authorityCentauri national insurance companyLilypad insuranceCentauri insuranceLouisiana departmentApplied underwriters

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