Investment Dinner hosted by American Insurance Exchange X De Bacci Capital
De Bacci Capital cordially invites investors, fund managers and family offices to join for Investment Dinner hosted by American Insurance Exchange. The company will be presenting a unique investment opportunity into the Florida residential homeowners insurance market, showcasing the real first mover advantage at play and why those that enter the market in the next 12 months are in the best position to seize on the opportunity.
Date: November 21
Time: 7 PM
Location: Al Fattan Currency House, DIFC, Dubai
(exact address will be shared to confirmed RSVPs)
The event will feature introduction to the Founder and the investment opportunity presentation, followed by the lavish dinner at one of the most luxurious restaurants in Dubai International Financial Centre.
RSVP: https://lu.ma/w0knqu8o
About SPIN Insurance Exchange
The Florida residential homeowners insurance market experienced severe financial stress between for three last 6 years, largely driven by social inflation, fraud, and liberal underwriting practices. However, for SPIN Insurance Exchange, Florida’s stressed and imbalanced homeowners insurance market is an opportunity.
Now, this is your chance to join SPIN as an investor and take advantage of the rare, positive macroeconomic shifts.
Florida insurance market statistics indicate dramatic improvements in financial health.
Several new insurers have entered the Florida property insurance market in the past two years.
Private investors have been committing risk capital to Florida’s insurance market which is a vote of confidence in the changed environment.
There is a real first mover advantage at play, and those new entrants that enter the market in the next 12 months are in the best position to seize on the opportunity.
In addition to the macroeconomic opportunities, SPIN plans to deploy several operational efficiencies to extend its value proposition. The solution is a fresh new “SPIN” on insurance that offers homeowners insurance coverage through the Florida admitted market. SPIN will deploy innovative product forms and adequate rate structures in a manner that will allow to price and conservatively underwrite the risk exposures to achieve consistent underwriting profits.
Current Stage: Planned launch Q1 2025.
Investment Offering: 25% of the company in exchange for the $50m in investment.
Minimum Ticket Size: $5m.