The Florida Peninsula Insurance family of companies announces the retirement of their Vice President of Underwriting, Michael Koscielny, CPCU CIC. Koscielny joined Florida Peninsula Insurance Company in 2014 and has worked in the insurance industry for more than four decades.
Joe Fagan replaces Koscielny as the new Vice President of Underwriting for Florida Peninsula and its wholly owned subsidiary Edison Insurance Company.
“Mike has made significant contributions to our Underwriting Department over the past 8 years. He is a true professional who will be missed by our entire team,” said Clint Strauch, president of FPI and Edison. “We feel confident, though, given Joe’s depth of insurance industry experience he will step into this role seamlessly.”
Fagan has an extensive background in property underwriting, having spent 16 years in leadership roles with Travelers Insurance in Hartford, CT with his last six years as Senior Managing Director of National Underwriting. Most recently, he served as Underwriting Governance Leader with AIG Private Client Group/Lexington Insurance. Fagan received a degree in Business Management from Rhode Island College and earned an API Designation from The Institutes.
“I’m excited to join one of Florida’s largest home insurers and work with my new colleagues on the Underwriting team to help consumers in this state obtain coverage that fits their needs,” said Fagan.
Since 2005, Florida Peninsula has grown from a wind-only home insurer to a multiperil and flood company insuring more than 175,000 homes throughout Florida. Today, the Boca Raton-based company is one of the top 10 Homeowner’s insurance carriers in the state.
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ABOUT FLORIDA PENINSULA INSURANCE COMPANY
Founded by a team of veteran insurance professionals, Florida Peninsula Insurance Company is one of Florida’s top 10 largest companies offering multi-peril homeowners and flood insurance. The company has maintained a Financial Stability Rating® of A-Exceptional from Demotech. The company insures approximately 175,000 homes, condo and apartment units located throughout the state. Florida Peninsula markets through a network of 2,500 independent insurance agents. Our aim is to combine the latest technology with old-fashioned courtesy and customer service, providing efficient, cost-effective, peace-of-mind protection for our policyholders. Florida Peninsula was first issued a Certificate of Authority to do business in April 2005 by the Florida Office of Insurance Regulation. For more information or to get a comparison quote, please call (877) 229-2244 or visit our website at www.floridapeninsula.com