Trusted Resource Underwriters Exchange (“TRUE”) is a reciprocal insurer originally established by American Family in 2020 to serve homeowners in storm-prone regions of Florida and other parts of the country. At the end of 2023, Gallatin Point Capital acquired a majority stake in the attorney-in-fact for TRUE and raised over $1.25 billion of committed capital, enabling TRUE to not only provide more underwriting capacity in Florida, but also allow it to strategically expand its homeowners product offering and footprint nationally. TRUE utilizes a partnership distribution model through new and existing partnerships as it enters a new phase of exciting growth. American Family remains a minority owner in the attorney-in-fact and continues to provide distribution and client services on behalf of TRUE.

Insurance

InsurTech

Property Management

Real Estate

Trusted Resource Underwriters

The Boston office focuses on technology and product development, supporting strategic leadership and innovation initiatives.

Boston

Trusted Resource Underwriters' headquarters in St. Petersburg, United States

Anthony Scavongelli

This department focuses on the planning, design, and implementation of new products and features.

Product Development

This department focuses on analyzing financial risks using mathematics, statistics, and financial theory.

Actuarial Services

This department is responsible for designing, building, and maintaining software applications and systems.

Software Development

This department is responsible for evaluating risks and determining coverage terms for insurance policies.

Underwriting Department

This department is responsible for managing project delivery and ensuring quality standards in the development process.

Delivery and Quality

This department drives the overall strategic direction and management of the organization.

Trusted Resource Underwriters

Org chart

Teams

Product Development

Actuarial Services

Software Development

Underwriting Department

Delivery and Quality

Executive Leadership

Offices

Trusted Resource Underwriters

Org chart

Teams

Product Development

Actuarial Services

Software Development

Underwriting Department

Delivery and Quality

Executive Leadership

Offices

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