ASI Progressive

Name

ASI Progressive

Website

https://americanstrategic.com

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

101–250 employees

Short description

ASI Progressive is a Florida-based personal lines insurance partnership between American Strategic Insurance and Progressive Insurance, founded in 1997, offering homeowners, condo, renters, seasonal, umbrella, and flood coverage to individual consumers.

Ownership category

akta.pro rank

Product category

Personal Property & Casualty Insurance

NAICS

Insurance Agencies and Brokerages (524210), Agencies, Brokerages, and Other Insurance Related Activities (5242)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Retail (Personal Lines) Insurance Brokerage (FSAEADAA)

akta.pro secondary industry

Personal Umbrella Insurance (FSAJANAA)

Keywords

• Homeowners insurance
• Condo insurance
• Renters insurance
• Flood insurance
• Umbrella insurance

Headquarters

HQ city

Florida

HQ country

United States

HQ region

North America

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations

Core offering

ASI Progressive sells personal lines property and casualty insurance products to individual consumers, including homeowners, condo owners, renters, seasonal, umbrella, and flood insurance coverage. The offering is delivered through the ASI/Progressive corporate portal as a co-branded distribution arrangement.

Differentiator

Problem solved

Functional benefit

Products and services

• Homeowners Insurance Property and liability insurance coverage for owner-occupied residential homes, targeted at individual homeowners.
• Condo Insurance Insurance coverage tailored for condominium owners, designed to protect unit interiors and related liabilities.
• Renters Insurance Personal property and liability coverage for tenants renting residential properties.
• Seasonal Insurance Insurance coverage for seasonal or secondary residences, addressing the unique risks of part-time-occupied properties.
• Umbrella Insurance Excess liability coverage that supplements the limits of underlying home and auto policies for individual consumers.
• Flood Insurance Dedicated flood insurance coverage for residential properties at risk of flood-related damage, supplementing standard homeowners policies.

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Broad incumbents

• Progressive Insurance: The carrier partner of ASI Progressive and one of the largest U.S. personal-lines insurers; highly comparable because its homeowners line and Progressive Home banner directly intersect with ASI Progressive's products and distribution model.
• Citizens Property Insurance Corporation: Florida's state-backed insurer of last resort; comparable because it is the residual market for the same homeowners and condo policies that ASI Progressive distributes, and movements in its policy count directly signal demand for the venture's offerings.

Emerging players

• Kin Insurance: Florida-headquartered digital-native personal property insurer; comparable threat vector because it uses a direct-to-consumer technology stack to serve the same homeowners and coastal customers as ASI Progressive.
• Hippo Insurance: Tech-enabled homeowners insurer combining smart-home data with bundled coverage; comparable in product focus (homeowners, umbrella) and demonstrates the digital alternative to traditional agents like ASI Progressive.
• Lemonade: Digital-first insurer expanding into homeowners and renters; comparable as a competing distribution model targeting the same personal-lines customer segments that ASI Progressive addresses.

Direct peers

• Tower Hill Insurance: A Florida-domiciled personal property carrier writing homeowners, condo, and flood coverage; directly comparable in target market, product mix, and regulatory exposure to ASI Progressive.
• Universal Property & Casualty Insurance: Florida-domiciled personal property carrier in homeowners, condo, and renters lines; overlaps with ASI Progressive in product set and catastrophe-exposed territory.
• American Strategic Insurance (ASI): The joint-venture partner and Florida-focused personal property carrier; ASI Progressive is essentially ASI's direct-distribution channel, so the two share identical product offerings, geographic footprint, and customer base.
• Heritage Property & Casualty Insurance: Florida-based personal property insurer offering homeowners, condo, and flood policies; comparable in scale, geography, and product set to ASI Progressive.
• Florida Peninsula Insurance: Florida-focused personal-lines insurer specializing in homeowners and condo coverage; directly comparable in target customer, geography, and regulatory environment.

Market position

Customer concentration

• LinkedInlinkedin.com/company/american-strategic-insurance

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ASI Progressive