Stand Insurance Exchange has filed an initial form-only submission with the Florida Office of Insurance Regulation seeking approval to introduce a voluntary homeowners multi-peril program in the state.

From a structure standpoint, the policy mirrors the standardized frameworks used by large national carriers operating in Florida’s voluntary market, including Homesite Insurance.

The program would be written by Stand Insurance Exchange and supported by Stand Protect, Inc. Additional filings covering rates and eligibility are expected if the form filing is approved.