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Anchor Insurance
AddedFeb 15, 2024
UpdatedJun 9, 2026
Anchor Insurance

Anchor Insurance

Series B

Florida property insurer reborn after 2020 runoff with 2025 Patriot Select relaunch.

HQ
St. Petersburg, FL, US
Founded
2014
Overview
Subsidiaries
Analysis
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Fundraising
Employees
News
Website

Anchor Insurance Inc. is a St. Petersburg, Florida property insurer founded in 2014 that once wrote homeowners coverage across multiple southeastern states. Its Anchor Property and Casualty Insurance subsidiary entered state-supervised runoff in early 2020 after selling Florida renewal rights and ceasing new business.

John Rollins became CEO in October 2023 and led a 2025 recapitalization that raised $29 million to relaunch operations as Patriot Select Property and Casualty Insurance. The carrier plans to write Florida homeowners policies through independent agents starting in 2025.

Anchor Insurance - Products & Services

  • Business Owners Policy logo

    Business Owners Policy

    Small-business BOP combining property and liability coverage for commercial policyholders.

    Competing Products

    Heritage Property and Casualty Insurance Company logo
    Heritage Property and Casualty Insurance Company logo
  • Equipment Breakdown Insurance logo

    Equipment Breakdown Insurance

    Optional equipment breakdown endorsement covering HVAC, appliances, and electrical systems.

    Competing Products

    Security First Insurance Company logo
  • Homeowners Insurance logo

    Homeowners Insurance

    Florida homeowners insurance offered through independent agents by reborn Anchor carrier.

    Competing Products

    Heritage Property and Casualty Insurance Company logo
    Security First Insurance Company logo
  • Dwelling Fire Insurance logo

    Dwelling Fire Insurance

    Non-owner-occupied and rental dwelling fire policies for landlord and secondary residences.

  • Renters Insurance logo

    Renters Insurance

    Tenant HO4-style renters coverage for personal property and liability through agent distribution.

  • Condo Insurance logo

    Condo Insurance

    Condominium unit-owner coverage for Florida and multi-state policyholders through independent agents.

Anchor Insurance - Similar Companies

Patriot Select Property and Casualty Insurance Company logo

Patriot Select Property and Casualty Insurance Company

Heritage Property and Casualty Insurance Company logo

Heritage Property and Casualty Insurance Company

Security First Insurance Company logo

Security First Insurance Company

Heritage Insurance Holdings logo

Heritage Insurance Holdings

heritagepci.com

Renegade Insurance logo

Renegade Insurance

Anchor Insurance - Quick Facts

Who are Anchor Insurance's competitors?

Companies similar to Anchor Insurance include Heritage Property and Casualty Insurance Company, Security First Insurance Company, Patriot Select Property and Casualty Insurance Company and Heritage Insurance Holdings.

When was Anchor Insurance founded?

Anchor Insurance was founded in 2014.

Where is Anchor Insurance's headquarters located?

Anchor Insurance's headquarters is located in St. Petersburg, FL, US.

When was Anchor Insurance's last funding round?

Anchor Insurance's most recent funding round was for $29M (USD) in April 2025.

How much has Anchor Insurance raised to-date?

As of Apr 17, 2025, Anchor Insurance has raised a total of $78.5M (USD).

Anchor Insurance - Classification

Industry
  • Property Insurance Companies
Ownership
  • Privately Held
Technology
  • Insurtech
Geographic Exposure
  • Americas
Model
  • Full-Stack Insurance Carrier
Revenue
  • Insurance Premium
Customer
  • B2C
NAICS
  • 524000Insurance Carriers and Related Activities
  • 524100Insurance Carriers
  • 524120Direct Insurance (except Life, Health, and Medical) Carriers
  • 524126Direct Property and Casualty Insurance Carriers
  • 520000Finance and Insurance
SIC
  • 6300Insurance Carriers
  • 6390Insurance Carriers, Not Elsewhere Classified