Lighthouse Property Insurance Corp. has hired David Howard as president, pending regulatory approvals.
Howard will serve as president for Lighthouse and Lighthouse Excalibur Insurance Co., a wholly owned subsidiary.
The news follows Lighthouse’s announcement that it will acquire sister company, Prepared Insurance Co. The merger will create a combined enterprise with $275 million in revenue.
Howard joins the company with executive leadership experience in past roles as CEO, COO, EVP and president at AmRISC, Edison Insurance Group and Bankers Insurance Group/Insurance Management Solutions Group. He also brings a mix of experience in organizational management, business development, sales and agency management, regulatory compliance and risk management.
As President, Howard will initially oversee Sales, Underwriting and IT/IS. He will work alongside CEO Patrick White, who will retain his role, to support the organization’s strategic planning and executive leadership team.
In addition to his experience in insurance, Howard is a former Army officer and founder of VetCor, a Tampa-based water mitigation company that was recently recognized by the Department of Labor for their track record in hiring veterans.
Howard is a licensed property and casualty agent in the state of Florida and holds non-resident licenses in Texas and nine other states. Additionally, Howard formerly served as secretary of the National Flood Determination Association and as a member of the Council of Company Executive Officers, an affiliate of the National Association of Professional Insurance Agents.
Established in 2008, Lighthouse Property Insurance Corporation (Lighthouse) is an admitted property and casualty insurance company authorized to write in Louisiana, North Carolina, South Carolina and Texas. In 2019, Lighthouse acquired Excalibur National Insurance Company (Excalibur), a Louisiana domiciled property insurance carrier. Excalibur was later relaunched as Lighthouse Excalibur Insurance Company (Lighthouse Excalibur) and is a wholly owned subsidiary of Lighthouse. Lighthouse and Lighthouse Excalibur sell and distribute its policies through an exclusive network of licensed, professional independent agencies.
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