FAIA invests in Sypher to support new FL reciprocal and existing operations
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FAIA invests in Sypher to support new FL reciprocal and existing operations

It is understood that the company aims to launch in Q3 or Q4 of this year.

By Farhin Lilywala
March 27, 2024
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Sypher has received “a significant investment of member equity” from the Florida Association of Insurance Agents (FAIA) to help launch a reciprocal in Florida and support its existing reinsurance business and platform, this publication can reveal.

The

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