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

Miami, Florida real estate property modern mansion luxury villa house in Hollywood by Hallandale beach Three Islands with palm trees on summer day

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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