American Integrity Insurance Group Business Summary

American Integrity Insurance Group, Inc. (NYSE: AII) is a premier specialty residential property insurer that generates revenue primarily through gross premiums and policy fees. The company operates through a diversified suite of personal and commercial residential products, including homeowners, condominium, rental property, flood, and cyber coverage. While predominantly focused on the Florida market—where it maintains over 93% of its policies in-force—AII has strategically expanded its footprint into South Carolina, Georgia, and North Carolina as of early 2026. The firm utilizes a robust reinsurance program and a technology-driven underwriting approach to manage risk in catastrophe-prone regions. AII competes directly with regional and national carriers such as American Coastal Insurance, Heritage Insurance Holdings, and Cincinnati Financial, positioning itself as a high-growth, tech-enabled alternative with a record 63.7% combined ratio and a significant market share in Florida’s voluntary residential sector. Founded in 2006 by CEO Robert "Bob" Ritchie, the leadership team is characterized by deep industry pedigree and long-term internal stability. Bob Ritchie brings over 40 years of experience from executive roles at AIG, CNA, and GE Insurance Solutions. He is supported by President Jon Ritchie, who rose through the ranks from Product Analyst to COO before his 2024 appointment, and CFO Benjamin Lurie, a former executive at Sowell & Co. with an MBA from SMU. Technical operations are led by Jerry Higgins, Senior Vice President of IT, while Brent Radeloff serves as EVP of Product, Pricing, and Underwriting. The company is governed by a board chaired by David Clark, Managing Director of Sowell Investments Holding Co., which remains a major shareholder alongside institutional investors like Boston Partners and Wasatch Global Investors following the company’s May 2025 IPO.