Northern Capital Insurance

Northern Capital Insurance's business model

Northern Capital Insurance owns and operates two property and casualty insurance carriers in Florida: Northern Capital Insurance and Northern Capital Select (formerly Landmark One). The company formed its first carrier with the intent to employ strict underwriting guidelines, for example only newer homes, gated communities, etc., at a time when planned communities in Florida were a booming business. It started a second carrier to capitalize on an opportunity to manage risk for a large group of reinsurers, and in 2008, that carrier was also approved to write new policies. By moving forward at an aggressive pace when it recognizes opportunities, Northern Capital has maintained an impressive growth rate since its inception in 2004.