What is Security First Insurance?
Headquartered in Ormond Beach, Florida, Security First Insurance leverages over a century of industry expertise to provide specialized coverage tailored to the unique environmental vulnerabilities of the Sunshine State. The firm maintains a robust Financial Stability Rating of A, Exceptional, from Demotech, Inc., reflecting its disciplined underwriting standards and commitment to fiscal solvency. As a key player in the regional insurance market, the company focuses on protecting residents against storm-related damages, positioning itself as a cornerstone of community resilience and disaster recovery efforts.
How much funding has Security First Insurance raised?
Security First Insurance has raised a total of $5M across 1 funding round:
Debt
$5M
Debt (2020): $5M with participation from PPP
Key Investors in Security First Insurance
PPP
Public-Private Partnership
What's next for Security First Insurance?
With the successful acquisition of this recent capital, Security First Insurance is well-positioned to scale its digital infrastructure and enhance its catastrophe modeling capabilities. The strategic deployment of these funds will likely focus on optimizing claims processing efficiency and expanding its footprint within the Florida market. By prioritizing technological integration and risk mitigation, the company aims to maintain its competitive edge while navigating the complexities of the evolving climate-risk landscape. Future growth initiatives will likely center on strengthening its balance sheet to support sustained policyholder growth and long-term institutional stability.
See full Security First Insurance company page
