Ricardo A. Espino
President & CEO
A Letter From Our President & CEO
The midpoint of the year signals yet another new beginning as Centauri continues to evolve. After successfully launching programs in Texas, South Carolina, and Florida in 2014, we look forward to introducing products in Massachusetts, North Carolina, and California during the remainder of 2015 and 2016.
This sequential expansion reflects our risk management philosophy—belief in growth that yields rewards for our partners, while providing peace of mind to our customers through conservative financial planning and sound underwriting and reinsurance strategies.
Centauri’s Agency Incentive Trip (AIT) during the first week of May celebrated our shared success with our agency partners in sunny and beautiful Cancun. After all of everyone’s sustained hard work, it was very gratifying to recognize the accomplishments of our agency partners with awards and fun activities in this tropical playground Martin Myrick, owner of The Myrick Agency, in Fairhope, Alabama, received the Agent of the Year Award. The Myrick Agency helped lead to our net premium growth of 71% in 2014. This growth earned Centauri a place on the list of Top 10 fastest-growing property and casualty insurers for the second year in a row. And the good news is that strong growth continued into the first half of this year.
Events like the AIT with such an amazing group of people, reminds me that underlying our business partnerships, at their core, are personal relationships. You, our agency partners are not just skilled entrepreneurs. Your commitment to serving our customers, their families, and the communities where you live earns trust and confidence. Your energy, caring, professionalism, and knowledge are what will always add so much value to the agency proposition.
In the future, we see immense opportunity. Building upon our current momentum, we will grow forward, as we continue to provide the quality insurance products our customers have come to expect and the tools and incentives to make your business a success.
Ricardo A. Espino, President and CEO