Ex-Tower Hill CEO Matz, Cabrillo CEO McNitt partner for start-up Orange Insurance Exchange
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Ex-Tower Hill CEO Matz, Cabrillo CEO McNitt partner for start-up Orange Insurance Exchange

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Former Tower Hill president Don Matz and Cabrillo CEO Michael McNitt are launching a start-up in Florida named Orange Insurance Exchange to write homeowners’, condo owners and commercial residential insurance, this publication understands.

Matz confirmed that the reciprocal exchange received a consent order on Friday and is expected to begin underwriting in December.

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