Staff Reports
Sawgrass Mutual Insurance Company today announced that as of March 31, it has increased its policyholder surplus to approximately $20.7 million.
“Sawgrass Mutual is pleased to announce that our policyholder surplus has grown to $20.7 million,” said James Esse, president of Sawgrass Mutual. “In December 2014, we announced a policyholder surplus of approximately $16.3 million. Since then, we have continued to focus on steady growth, and we are proud to have these results to show for our commitment to our business model and growth plan.”
“In addition, with a written premium of approximately $46 million, our gross written ratio is just over 2-to-1, demonstrating our financial strength,” said Esse. “We look forward to continuing to build and grow our business in this manner, as well as being laser focused on keeping profits made in Sawgrass Mutual within the company for our members’ and their communities’ benefit.”
Sawgrass Mutual Insurance Company specializes in writing voluntary homeowner’s policies through a select network of professional independent agent partners located throughout Florida. As “partners,” Sawgrass Mutual and our selected agents are focused on the well-being of our policyholders and the communities in which they reside.
To learn more about Sawgrass Mutual Insurance Company, visit sawgrassmutual.com.
