American Strategic Insurance

American Strategic Insurance (ASI) was shaped in 1997 and drove by CEO and President, John Auer. Its underlying offering was Florida property holders protection. The organization has encountered fast development and is currently anticipated that would offer scope across the country by 2017, setting up its place in the main 15 mortgage holders protection suppliers in the United States. ASI is headquartered in St. Petersburg, Florida. These extension objectives are to a great extent credited to its procurement by Progressive in April 2015. While this exchange permitted Progressive to have a controlling enthusiasm of 67%, Progressive has possessed as much as 5% since 2012. Dynamic paid $875 million for the obtaining. The vital association between the two organizations is intended to permit them to contend in the pined for protection "packaging" market. Notwithstanding the securing, ASI still works as a free organization, with CEO John Auer as its head.ASI's three organization values (Attitude, Speed and Innovation) are shown all through the organization's central station. ASI moved their home office in 2013 to another grounds worked to withstand a Category 5 storm. The 13-section of land grounds holds two organization structures, and incorporates a worker rec center and a R'Club tyke care office. R'Club Child Care, Inc., a philanthropic kid care supplier in Pinellas County, Florida, opened its new area at ASI's grounds in 2014, offering more than 200 spaces with need given to ASI workers. ASI has likewise been a Better Business Bureau Accredited Business since 2004, and right now holds a rating of A+. ASI was one of a few noteworthy property holders protection transporters tried by the

Atlantic sea tempest season of 2004, which included Hurricane Charley, Hurricane Frances, Hurricane Ivan and Hurricane Jeanne. The 2004 storm season was the organization's first open door for a solid impression with policyholders. ASI's present development objectives are generally ascribed to its procurement by Progressive in April 2015. While this exchange permitted Progressive to have a controlling enthusiasm of 67%, Progressive has possessed as much as 5% since 2012. Dynamic paid $875 million for the procurement. The key association between the two organizations permits them to contend in the pined for protection packaging market. In spite of the securing, ASI still works as a free organization, with CEO John Auer as its head.ASI at present offers mortgage holders, abiding fire, leaseholders, condominium, business property, surge and umbrella scope. Their arrangements are sold through more than 7,000 delegated free offices. These specialists can package ASI mortgage holders items with Progressive auto approaches the length of the operators are named with both organizations.ASI started offering a private surge protection item as an other option to the NFIP in Florida. Nonetheless, the organization is as of now taking what CEO John Auer calls "a wary position" with abundance surge and private surge protection arrangements, by just composition homes that are 2,500 feet far from water on the West shore of Florida and 1,000 feet far from the water on the East bank of the state.