FHB Insurance

What FHB Insurance does

FHB Insurance (legal entity: Florida Home Builders Insurance, Inc., also operating as Scottish American and FHBI) is a privately held wholesale insurance broker and program administrator headquartered in Tallahassee, Florida. Founded between 1997 and 2006 depending on source (the company's own website copyright runs 2006-2019), the firm specializes exclusively in insurance and bond solutions for the construction industry, operating across Florida and Texas through independent retail insurance agents.

The company's product portfolio centers on two core lines: a comprehensive Insurance Products suite covering General Liability, Umbrella/Excess Liability, Commercial Auto, Builders Risk, Property, Workers Compensation, Contractors Pollution Liability, Architects & Engineers Professional Liability, and Miscellaneous E&O; and a Bonds Program spanning Contract Bonds (Bid, Performance, Payment, Subdivision), Commercial Bonds (ERISA, Fidelity, License & Permit, Court, Workers' Compensation), and a Rapid Route Bond Program for smaller bond amounts. Underlying these products is a proprietary Builders Risk Online Program — a web portal enabling agents to quote, bind, and issue policies directly in Florida (app.fhbinsurance.com) and Texas (texas.fhbinsurance.com). Specialized programs include an Exclusive Roofing Program. Distribution is exclusively indirect: FHB does not sell directly to insureds but relies on a network of independent agents, augmented by partnerships with FAIA Member Services, NEXT Insurance, ProHome International, NARS (claims administration), and Joe Taylor Restoration.

FHB earns revenue through commissions on insurance premiums placed (admitted and non-admitted) and fees on bond issuance. The company operates with approximately 10-17 employees (sources differ), is led by CEO Daniel Ginden, and is privately held with no disclosed institutional investment or parent company. Geographic concentration in Florida and Texas construction markets is the principal revenue exposure.

Name

FHB Insurance

Legal name

Florida Home Builders Insurance, Inc. D/B/A FHB Insurance

Website

https://fhbinsurance.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

11–50 employees

Short description

FHB Insurance is a privately held wholesale broker and program administrator headquartered in Tallahassee, Florida, offering insurance and bond solutions exclusively to the construction industry in Florida and Texas through independent insurance agents, with an online quoting and binding platform.

Ownership category

akta.pro rank

Product category

Wholesale Insurance Brokerage & Program Administration

NAICS

Insurance Agencies and Brokerages (524210), Other Insurance Related Activities (52429)

SIC

Insurance Agents, Brokers & Service (6411), Surety Insurance (6351)

akta.pro industry

PRIMARYFSAJADAA

Commercial General Liability (CGL)

Financial & Insurance/Insurance — Motor, Property & Casualty/General Liability Insurance

Keywords

• Wholesale insurance brokerage
• Construction insurance programs
• Surety bond solutions
• Program administration
• Commercial insurance distribution

Headquarters

HQ city

Tallahassee, FL

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Insurance Premiums: FHB Insurance generates revenue as a wholesale broker and program administrator by earning commissions on insurance policies written through their platform. They offer admitted and non-admitted programs for various lines of business including general liability, builders risk, property, workers compensation, and commercial auto.
2. Bond Services: Revenue generated from various bond products including contract bonds, subdivision bonds, ERISA bonds, fidelity bonds, license and permit bonds, court bonds, and workers compensation bonds.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

FHB Insurance is a wholesale broker and program administrator specializing in insurance and surety bond solutions tailored for the construction industry. The firm designs and administers specialty programs that are delivered through independent retail insurance agents across its core markets of Florida and Texas, providing underwriting, placement, and program-management services for construction-related risks.

Product overview

FHB Insurance is a wholesale broker and program administrator offering Insurance and Bond solutions to the construction industries in Florida and Texas. The company's product portfolio centers on two core offerings: the Insurance Products suite (covering General Liability, Umbrella/Excess Liability, Commercial Auto, Property & Inland Marine, Workers Compensation, and specialty lines like Contractors Pollution Liability and Architects & Engineers Professional Liability) and the Bonds Program (including Contract Bonds, Commercial Bonds, and Rapid Route Bond Programs). These are supported by the Builders Risk Online Program—a proprietary platform enabling agents to quote, bind, and issue policies digitally in Florida and Texas—and specialized programs like the Exclusive Roofing Program for roofing contractors.

Differentiator

Problem solved

Functional benefit

Products and services

• Construction Insurance Program Administration Specialty insurance programs designed and administered for construction industry risks, delivered through independent retail agents in Florida and Texas.
• Construction Surety Bond Solutions Surety bond placement and administration services for construction contractors, facilitating contract, performance, and payment bonds through wholesale channels.
• Wholesale Brokerage Services Wholesale insurance brokerage acting as the intermediary between retail insurance agents and carriers, providing access to specialty construction-related coverage markets.

Segments6 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Four partnerships are on record, tiered core and minor.

• FAIA (Florida Association of Insurance Agents)coreGTM or Marketing PartnerFHB Insurance partners with FAIA Member Services to offer FAIA members access to all programs available to agents in Florida. FHBI has both admitted and non-admitted programs available to FAIA members on the Independent Market Solutions platform.
• ProHome InternationalminorStrategic or Co-development PartnerFHB Insurance/Scottish American partners with ProHome International, an industry leader in warranty risk management. ProHome offers customizable programs designed to assist builders through decreasing overhead fixed costs and legal exposure while improving customer relationships and increasing referrals.
• North American Risk Services (NARS)minorImplementation/ SI/ Consulting PartnerNARS is a privately held, national third-party claims administrator offering comprehensive claims and insurance-related services. They adjust Commercial Property, Construction Defect, General Liability, Professional Liability, Residential Property, Transportation and Workers Compensation claims.
• Joe Taylor RestorationminorOthersJoe Taylor Restoration has been the industry leader in Florida property damage restoration since 2002. They provide emergency restoration services including water damage, fire/smoke restoration, mold remediation, and biohazard/trauma mitigation for insurance claims.

Scale indicators1 record

Recent moves6 records

Expansion highlights5 records

Direct peers

• Burns & Wilcox: Specialty wholesale insurance broker and MGA offering admitted and non-admitted programs across commercial and construction lines — comparable to FHB as a wholesale-only distributor with strong agent network and construction/specialty program emphasis.
• RPS Insurance (Risk Placement Services): Specialty wholesale broker and MGA with construction, surety, and commercial lines programs across multiple states — operates the same wholesale broker / program administrator model that defines FHB, with similar agent-facing distribution and admitted/non-admitted program structures.
• CRC Insurance Services: Wholesale insurance broker and program manager focused on specialty and commercial lines including construction and surety — closely comparable to FHB in distribution model (independent agents), program administration, and multi-line construction book.
• Berkley Construction Professional: Specialty construction-focused insurance program within WR Berkley offering GL, builders risk, and professional liability to contractors — comparable to FHB's construction-only vertical focus and program-style distribution.
• Brown & Riding: Specialty wholesale broker and program manager with construction, surety, and excess casualty practices — directly comparable to FHB as a construction-and-surety-focused wholesale broker with admitted/non-admitted programs.
• NSM Insurance Group: Program manager and MGA specializing in industry-specific commercial programs including construction trades — comparable to FHB's vertical specialization model and agent-distributed program administration approach.

Broad incumbents

• Markel: Specialty insurer and program administrator with construction, surety, and professional liability divisions — comparable to FHB's specialty construction and bond product mix, though at much larger scale and with direct underwriting capacity.
• Amwins: Largest US specialty wholesale insurance broker and program administrator with broad construction, surety, and P&C capabilities — directly comparable to FHB's wholesale broker / program administrator model but at vastly greater scale and geographic reach.
• Hiscox: Specialty insurer/MGA with significant small-commercial and professional liability programs for contractors and trades — comparable to FHB on construction/SME lines, digital agent distribution, and program-style product offerings.

Emerging players

• NEXT Insurance: Digital-first insurtech MGA focused on small commercial contractors and trades with embedded online quoting — directly comparable to FHB's construction-industry focus and online portal strategy, and an explicit FHB partner for agent product access.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xtwitter.com/TeamTryme
• Facebookfacebook.com/Scottish-American-Team-TryMe-402086743900097
• LinkedInlinkedin.com/company/florida-home-builders-insurance-inc-

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 FHB Insurance