Florida gets new property insurance firm Ovation Home Insurance Exchange

Firm aims to increase capacity, coverage at competitive rates, and already has eyes on Citizens policies

ORLANDO, Fla. — Editor’s note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal.

The Boca Raton-based management company behind Florida Peninsula and Edison Insurance is set to kick off its latest insurance venture.

▶ WATCH CHANNEL 9 EYEWITNESS NEWS

Windward Risk Managers announced April 4 that it will launch Ovation Home Insurance Exchange, a property insurance agency that will begin writing policies in June.

READ: Downtown Orlando slated for more than $1.45 billion in development

“Ovation will be greatly beneficial for both homeowners and agents in Florida, by providing new dedicated capital, additional capacity, and coverage options for Floridians at competitive prices,” said Paul Adkins, CEO of Ovation. “We believe subscribers having an alignment of interests in the exchange creates a sense of community that will lead to better results which ultimately translates into more affordable premiums.”

Click here to read the full story on the Orlando Business Journal’s website.

Click here to download our free news, weather and smart TV apps. And click here to stream Channel 9 Eyewitness News live.