American Coastal Insurance Corporation Receives Certificate of Authority for ACES Specialty Insurance Company
Key Highlights
- ➤ACES receives Arizona authority to transact excess and surplus insurance lines
- ➤ACES initially targets catastrophe-exposed commercial E&S property in Florida, Texas, and South Carolina
- ➤ACES expects to begin writing business on or about December 1, 2026
Expert Statements
Brad Martz, President and Chief Executive Officer of American Coastal Insurance Corporation
“Receiving ACES’s Certificate of Authority is an important milestone for American Coastal and marks the start of a bold new chapter for our organization’s long-term strategy”
Brad Martz, President and Chief Executive Officer of American Coastal Insurance Corporation
“With ACES, we can now serve a much wider range of commercial property risks in markets we know well.”
Brad Martz, President and Chief Executive Officer of American Coastal Insurance Corporation
“We built this platform along with our in-house managing general agency, Skyway Underwriters, carefully and with purpose, and we’re excited to put it to work for our agents, policyholders, and shareholders.”
ST. PETERSBURG, Fla., Oct. 08, 2026 (GLOBE NEWSWIRE) -- American Coastal Insurance Corporation (Nasdaq Ticker: ACIC) (“the Company”, “American Coastal” or “ACIC”), the insurance holding company of American Coastal Insurance Company, today announced that its newly formed subsidiary, ACES Specialty Insurance Company (“ACES”), has received a Certificate of Authority from the Arizona Department of Insurance and Financial Institutions to transact excess and surplus (“E&S”) lines of insurance.
The Company initially plans to underwrite catastrophe exposed commercial E&S property business through ACES in Florida, Texas, and South Carolina, building on AmCoastal’s experience in coastal commercial property.
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