Stand Insurance Exchange has submitted its initial form filing for a new Takeout Homeowners program in Florida. The filing, dated July 25, 2025, marks the company’s entrance into the state’s homeowners market with a planned assumption date of December 16, 2025.

Filed on a Prior Approval basis, the submission does not include rate information. Consulting support for the filing was provided by Davies Actuarial, Audit & Consulting, Inc. and Rocking Chair Insurance Consulting. The program will focus on assuming policies from Citizens Property Insurance Corporation and providing comprehensive coverage for homeowners.

Stand operates through Stand Protect, Inc. (d/b/a Stand Insurance Solutions), and partners with A-rated or better carriers and reinsurers. The company offers a high-touch service model for primary and secondary residences, including white-glove claims handling and proactive risk mitigation based on physics-driven insights. Each customer is assigned a dedicated Stand Concierge to help manage claims, risk monitoring, and mitigation efforts over time.

Backed by $30 million in Series A funding from investors including Convective Capital, Equal Ventures, and Lowercarbon Capital, Stand aims to combine managed property protection with insurance tailored to high-value properties exposed to climate risk.