Charlotte L. Floyd and Jim Hemphill established Tri-Insurance Underwriters. Their initial carrier partners were Indiana Insurance Company and Independent Fire. Within four years, the firm grew to a staff of seven, and had $2 million in written premiums with Aetna L&C as the lead carrier.
Tri-Insurance Underwriters purchased Advanced Insurance Agency and changed the name to Advanced Insurance Underwriters. The newly formed agency never looked back.
Mike and Harvey A. Sheldon of David Miller Insurance joined our team with Harvey subsequently becoming a partner. From 1984 to 1994, the agency made several strategic acquisitions, including the Ravenswood Executive Plaza to accommodate the growing staff and premiums, now in excess of $12 million.
Premiums doubled to $24 million, prompting the creation of a wholesale division, which later became Advanced E & S.
By this time we had firmly established our reputation as a leader in both retail & wholesale insurance products. Between 1996 and 2002, the agency opened offices in Royal Palm Beach, Marco Island, Ocala, Jacksonville, Tampa, Sarasota and Bonita Springs. The agency wrote upwards of $90 million in retail premiums and more than $10 million in wholesale products.
We celebrated our 25th anniversary, earned the prestigious IIABA Trusted choice designation and were recognized by the South Florida Business Journal as the eighth largest insurance agency in South Florida.
Advanced Insurance Underwriters relocated its headquarters to a new, state-of-the-art facility in Hollywood, FL.
The agency surpassed $200 million in premiums. Charlotte Floyd and Harvey Sheldon initiated the first phase of their agency perpetuation plan. Top producers were rewarded for their long-term growth and offered partnership.
Charlotte Floyd, Harvey Sheldon, Jason A. Wyman and Todd Olivieri lead the agency’s forward momentum; its commitment to excellence in service is stronger than ever. The agency builds an interactive, customer-friendly website. After over 40 years of service, Advanced Insurance Underwriters still goes the extra step to protect clients. We recently invested in powerful generators, which give us the ability to keep working for you in the event of a regional catastrophe.