Weston Insurance
- Company typePrivate
- Founded2011
- HeadquartersCoral Gables, United States
- Headcount11–50
- GTM typeB2C
- OfferingServices
Weston Insurance firmographics
Firmographics- Name
- Weston Insurance
- Legal name
- Weston Property & Casualty Insurance Company
- Website
- https://weston-ins.com
- Company type
- Private
- Founded year
- 2011
- Operating status
- Closed
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Weston Insurance industry classification
Industry- Product category
- Property and Casualty Insurance
- NAICS
- Direct Insurance (except Life, Health, and Medical) Carriers (52412)
- SIC
- Fire, Marine & Casualty Insurance (6331)
- akta.pro primary industry
- Commercial Property Insurance (FSAJACAE)
Keywords
Where Weston Insurance is headquartered
LocationHeadquarters
- HQ city
- Coral Gables
- HQ country
- United States
- HQ region
- North America
Markets served
Weston Insurance business model
Business model- GTM type
- B2C
- Offering type
- Services
Weston Insurance product offering
Product offeringCore offering
Weston Property & Casualty Insurance Company was a regional property and casualty insurance provider serving markets in Florida and other Gulf Coast/southeastern U.S. states. As of August 8, 2022, the company has been placed into receivership for liquidation by the Second Judicial Circuit Court of Leon County, Florida and is no longer operating as a going concern.
Product overview
Weston Property & Casualty Insurance Company is an insurance provider that is currently in receivership for liquidation. As of August 8, 2022, the company was placed into receivership and ordered into liquidation by the Second Judicial Circuit Court of Leon County, Florida. The company is being administered by the Florida Department of Financial Services as Receiver and CANTILO & BENNETT, L.L.P. as Special Deputy Receiver. No active product offerings or services are described in the available source material.
Differentiator
Problem solved
Functional benefit
Companies that use Weston Insurance
Customer profileIdeal customer profiles1 record
Weston Insurance technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Weston Insurance partnerships and signals
Strategic signalScale indicators1 record
Recent moves3 records
Expansion highlights1 record
Weston Insurance competitors and assessment
Company assessmentDirect peers
- Heritage Property & Casualty Insurance Company: Florida-headquartered personal residential property and casualty insurer writing homeowners and similar coastal catastrophe-exposed coverage across the same Gulf Coast states Weston served. Most directly comparable in product line, geography, and customer profile.
- Universal Property & Casualty Insurance Company: Florida-based personal lines property and casualty carrier focused on homeowners in catastrophe-prone regions, overlapping directly with Weston's core geographic and product mix. Sister entity of Universal Insurance Holdings.
- Tower Hill Insurance Group: Florida-domiciled personal property insurer writing homeowners coverage across multiple Southern and Gulf Coast states. Direct competitor in the same regional property catastrophe market Weston operated in.
- Frontline Insurance Managers Inc. Florida-based personal residential property and casualty carrier writing homeowners in Florida and other Southeastern coastal states. Operates in the same market segment and territory as Weston.
- Olympus Insurance Company: Florida-focused residential property insurer writing homeowners and condo coverage. Closely comparable product line and the same catastrophe-exposed coastal book as Weston.
- FedNat Insurance Company (in run-off): Florida-domiciled personal residential property insurer that, like Weston, has experienced significant financial distress in the Florida market and entered run-off. Most relevant comparable for trajectory, geography, and product focus.
Broad incumbents
- Citizens Property Insurance Corporation: Florida's state-backed residual market insurer of last resort for property coverage. Comparable because Weston's insolvency ceded policyholders to entities like Citizens, and both operate in the same Florida residential property market.
- Universal Insurance Holdings (parent): Public holding company whose principal subsidiary is Universal Property & Casualty Insurance Company. Comparable as the broader corporate structure around a Florida personal property insurer analogous to Weston's regional P&C model.
Regional players
- Florida Peninsula Insurance Company: Florida-only personal property insurer writing homeowners coverage throughout the state. Directly comparable in product mix and regional concentration though narrower in geographic footprint than Weston.
- First Community Insurance Company of Florida: Florida-domiciled property insurer focused on residential homeowners in the same catastrophe-exposed coastal territory Weston historically served. Most directly relevant smaller regional peer.
Market position
Weaknesses4 records
Competitive moat2 records
Key risks5 records
Key highlights2 records
Customer concentration
Weston Insurance financial estimates
Financial estimateRevenue estimate
Valuation estimate
Weston Insurance leadership team
Management profileNumber of profiles
Weston Insurance funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Weston Insurance M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Weston Insurance
What does Weston Insurance do?
Weston Property & Casualty Insurance Company was a regional property and casualty insurance provider serving markets in Florida and other Gulf Coast/southeastern U.S. states. As of August 8, 2022, the company has been placed into receivership for liquidation by the Second Judicial Circuit Court of Leon County, Florida and is no longer operating as a going concern.
Is Weston Insurance a public or private company?
Weston Insurance is a private company. It is classified as state government owned and is currently closed.
When was Weston Insurance founded?
Weston Insurance was founded in 2011. It employs 11 to 50 people.
Where is Weston Insurance based?
Weston Insurance is headquartered in Coral Gables, United States, in the North America region.
Who are Weston Insurance's main competitors?
Direct peers on record are Heritage Property & Casualty Insurance Company, Universal Property & Casualty Insurance Company, Tower Hill Insurance Group, Frontline Insurance Managers Inc., Olympus Insurance Company and FedNat Insurance Company (in run-off). Broad incumbents are Citizens Property Insurance Corporation and Universal Insurance Holdings (parent). Regional players are Florida Peninsula Insurance Company and First Community Insurance Company of Florida.
Does Weston Insurance have an API?
No public API is recorded for Weston Insurance.
What industry is Weston Insurance in?
Weston Insurance's product category is Property and Casualty Insurance. Its primary akta.pro industry code is FSAJACAE, Commercial Property Insurance. Its NAICS code is 52412 and its SIC code is 6331.