TAG Financial Institutions Group
  • Home
  • About Us
  • Services
  • Team
  • Transactions
  • News & Publications
  • Partnerships
  • Contact

News & Publications

Sunshine State Insurance Company Names TAG Financial Institutions Group, LLC as Investment Banker

4/7/2014

 
(Jacksonville, Fla.  April 4th, 2014 — Sunshine State Insurance Company (SSIC) today named TAG Financial Institutions Group, LLC, to serve as its investment banking resource for the company’s near and long term plans, working in collaboration with U.S. RE Securities, LLC.

According to Joseph Braunstein, Chief Executive of  SSIC, two near term goals for the investment banking team include the addition of surplus reserves, following the Company’s recent Florida OIR filing that included a reclassification of some assets,  and the support for SSIC’s protracted expansion in the Florida market. Mr. Braunstein stated, “The Company’s excellent underwriting results, our strong professional staff, our established market presence due to a continued strong partnership with our agents and our soon to be announced new products suggest to us that we add capital to bolster the Company today and enable its growth in this marketplace in the future.  The professionals at TAG Financial have great depth and a working knowledge of our industry and have access to specific capital that will prove most meaningful for the growth of SSIC. We are quite optimistic.”

Steven Nigro, Managing Partner of TAG Financial, stated: “SSIC’s insurance operations and business plan are fundamentally solid and its unique franchise in the State of Florida has prompted a great deal of interest from strategic and financial suitors.  We look forward to working with the SSIC team and Greg Nelson of U.S. RE Securities so that they may continue to build this franchise”.

Sunshine State Insurance Company (SSIC) is a full-service insurance provider in Florida specializing in personal residential property insurance through homeowner’s policies, flood insurance and builders risk policies. As a Florida based insurance company in business since 1997, SSIC has weathered literally many storms with its customers. SSIC prides itself on understanding the unique demands of property insurance in Florida and is known for its careful, times taking approach to ensuring that policies are tailored to match client needs. Collectively SSIC boasts more than 180 years of experience in the insurance industry, giving substance to support its pledge of providing the highest level of personal service with unmatched experience, knowledge and industry standing.  It is also one of Florida’s oldest insurance companies.For information contact CINN / Christina Claudio: 914 966 3180 ext 112 or Claudio@cinn.comAs published in Insurancenewsnet.com on April 4th, 2014.



Comments are closed.

    Recent Posts

    Archives

    March 2023
    February 2023
    January 2023
    December 2022
    November 2022
    August 2022
    February 2022
    January 2022
    December 2021
    November 2021
    February 2021
    January 2021
    December 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    April 2020
    February 2020
    October 2019
    September 2019
    April 2019
    March 2019
    January 2019
    December 2018
    November 2018
    September 2018
    July 2018
    June 2018
    May 2018
    April 2018
    January 2018
    June 2017
    May 2017
    December 2016
    October 2016
    September 2016
    May 2016
    April 2016
    March 2016
    December 2015
    October 2015
    June 2015
    March 2015
    December 2014
    August 2014
    July 2014
    June 2014
    May 2014
    April 2014
    February 2014
    January 2014
    November 2013
    September 2013
    August 2013
    April 2013

    This section will not be visible in live published website. Below are your current settings:


    Current Number Of Columns are = 3

    Expand Posts Area = 1

    Gap/Space Between Posts = 30px

    Blog Post Style = simple

    Use of custom card colors instead of default colors =

    Blog Post Card Background Color = current color

    Blog Post Card Shadow Color = current color

    Blog Post Card Border Color = current color

    Publish the website and visit your blog page to see the results

Home
About Us
Services
Team
Transactions
News
Partnerships
Contact
Terms of Use
Picture
© Copyright 2022. All Rights Reserved.
  • Home
  • About Us
  • Services
  • Team
  • Transactions
  • News & Publications
  • Partnerships
  • Contact