About FedNat
FedNat is a publicly listed company based in Fort Lauderdale (United States) founded in 1992. Home insurance coverage is provided to US homeowners by FedNat. The company has 341 employees. FedNat has completed 3 acquisitions, including ClaimCor, Maison Insurance Company and Monarch Insurance Company. Its chief executive, as recorded, is Michael Braun. FedNat offers products and services including Homeowners Insurance, Condo Insurance, Renters Insurance, Flood Insurance, and Personal Umbrella Insurance. Its focus areas include Insurance Carriers, Property & Casualty and Property. Its legal entity is FEDNAT HOLDING CO. Similar companies include Fidelity National Financial, GeoVera Insurance and Homeowners of America Insurance; 2 of its 3 listed similar companies have raised funding.
Company details
FedNat was established in 1992 in Fort Lauderdale, United States, within the property and casualty insurance sector. Homeowners policies are issued by the company, covering risks like windstorms, fires, and theft across multiple states. Operations are managed from Florida, with distribution through independent agents. Leadership is held by CEO Michael Braun, overseeing underwriting and claims processes for residential properties.
- Headquarters Fort Lauderdale, United States
- Employees 341
- Stage Public
- SectorsFinancial Services
- Website category Finance · Insurance
- Phone•••• ••••
- Website fednat.com
- Social LinkedIn X Facebook Instagram
- Legal Name Fednat Holding Co
- Annual Revenue$245.55 M (USD)-43as on Dec 31, 2021
- Net Profit-$103.1 M (USD)-32as on Dec 31, 2021
- Latest Funding Round$21M (USD), Post-IPO
Apr 2021
- Employee Count341
- Investments & AcquisitionsClaimCor
& 2 more
Products & Services of FedNat
FedNat offers a comprehensive portfolio of products and services, including Homeowners Insurance, Condo Insurance, Renters Insurance, Flood Insurance, and Personal Umbrella Insurance.
Coverage for home damage and liability protection.
Protection for condominium units and contents.
Insurance for personal belongings in rented properties.
Coverage against flood-related damages.
Extra liability protection beyond standard policies.
Funding Insights of FedNat
- Total Rounds 2
- Last Round Post-IPO — $21M
- First Round $20M
(Jan 2018)
All 2 funding rounds of FedNat with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2021 | $21M | Post-IPO | – | – | – |
| Jan 2018 | $20M | Debt – Conventional | – | – | – |
People of FedNat
13 people are tracked at FedNat (6 in leadership, 5 in board & advisors, 2 in team); the tracked headcount is 341.
| Name | Role | Group |
|---|---|---|
Michael Braun | CEO | Leadership |
Raul Ramis | Chief Information Officer | Leadership |
David K. Patterson | Interim CEO & President | Leadership |
Erick A. Fernandez | CAO & Interim CFO | Leadership |
OCTAVIO B. | Director of Treasury Services | Leadership |
Marty Kramer | Director of Marketing | Leadership |
Jenifer G. Kimbrough | Director | Board & advisors |
Bruce F. Simberg | Director | Board & advisors |
Thomas A. Rogers | Director | Board & advisors |
David W. Michelson | Director | Board & advisors |
Roberta N. Young | Director | Board & advisors |
Rosemarie Douglas | Senior Accountant | Team |
Tyrone Dacosta | Accountant | Team |
Complete people profiles for FedNat
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Investments & Acquisitions by FedNat
FedNat has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include ClaimCor, Maison Insurance Company and Monarch Insurance Company.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Provider of claim, property and casualty insurance services | claimcorsolutions.com | Tampa, United States | 2013 | Dec 2019 | •••• | |
Home, condo, flood, umbrella, and landlord insurance services are offered. | maisonins.com | Baton Rouge, United States | 2012 | Dec 2019 | •••• | |
Property insurance agency services are provided nationwide. | monarchnational.com | Tallahassee, United States | 2015 | Feb 2018 | $12M |
Complete acquisition details for FedNat
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of FedNat
7 dated milestones of FedNat across 29 years, from founding to its latest funding, stage changes and deals.
- Founded FedNat is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $20.0M.
- Acquisition Acquires Monarch Insurance Company.
- Acquisition Acquires Maison Insurance Company.
- Acquisition Acquires ClaimCor.
- Funding Latest funding round, Post-IPO, of $21.0M.
Similar companies to FedNat
FedNat has 3 listed similar companies in our database, 2 of them funded. They include Fidelity National Financial, GeoVera Insurance and Homeowners of America Insurance.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| fnf.com | 1847 | Jacksonville, United States | $500M | 3,508 | Financial institution offering insurance & transaction services | |
| geovera.com | 1997 | Fairfield, United States | $151.16M | 172 | Earthquake and windstorm-hurricane insurance is provided by GeoVera Insurance. | |
| hoaic.com | 2005 | Irving, United States | Home insurance carrier |
Detailed similar companies of FedNat
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of FedNat
The website of FedNat (fednat.com) receives about 3.1K visits a month and ranks #5,764,245 among all websites worldwide, #9,749 in Insurance.
- Monthly visits3.1K
▲ 9.3% vs previous month
- Unique visitors1.1K
per month
- Global rank#5,764,245
among all websites
- Category rank#9,749
Finance · Insurance
- Bounce rate40%
- Pages per visit1.8
- Average visit32 sec
- DevicesDesktop 41% · Mobile 59%
Websites whose visitors overlap most with FedNat. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| crawco.com | 100% | 106.1K | #414,208 | View details | |
thefloodinsuranceagency.com | thefloodinsuranceagency.com | 95% | – | ||
truepremium.com | truepremium.com | 95% | – | ||
| demotech.com | 92% | #1,174,757 | View details | ||
federated.ca | federated.ca | 88% | #2,731,777 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 18 similar websites and full traffic analytics for FedNat
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 18 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Insurance & Risk Management
3 companies that operate in the same segment as FedNat (Insurance & Risk Management) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Investment advisory, insurance distribution, and risk management services are provided. | 1998 | Chicago, Illinois, United States | USD 1.6 B | |||
Financial institution offering insurance & transaction services | 1847 | Jacksonville, United States | USD 500 M | USD 14.51 B | 23,530 | |
Integrated healthcare services and coverage are provided nationwide. | 1945 | United States |
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Related news about Fednat
Complete news archive for FedNat
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Frequently Asked Questions about FedNat
FedNat was founded in 1992 and raised its 1st funding round 26 years after it was founded.
FedNat is headquartered in Fort Lauderdale, United States. It is registered at Fort Lauderdale, Florida, United States.
Michael Braun is the CEO of FedNat, as recorded in our data.
FedNat has 341 employees.
Annual revenue of FedNat is $245.55M as on Dec 31, 2021.
FedNat was established in 1992 in Fort Lauderdale, United States, within the property and casualty insurance sector. Homeowners policies are issued by the company, covering risks like windstorms, fires, and theft across multiple states. Operations are managed from Florida, with distribution through independent agents. Leadership is held by CEO Michael Braun, overseeing underwriting and claims processes for residential properties.
FedNat's top competitors include Fidelity National Financial, GeoVera Insurance and Homeowners of America Insurance.
FedNat offers Homeowners Insurance, Condo Insurance, Renters Insurance, Flood Insurance, and Personal Umbrella Insurance.
FedNat has made 3 acquisitions, including ClaimCor, Maison Insurance Company, and Monarch Insurance Company.
FedNat operates through Fednat Holding Co.