Reinsurance Capacity Right of First Refusal Agreement Sample Contracts

REINSURANCE CAPACITY RIGHT OF FIRST REFUSAL AGREEMENT

Reinsurance Capacity Right of First Refusal Agreement • December 2nd, 2019 • 1347 Property Insurance Holdings, Inc. • Fire, marine & casualty insurance • Florida

• Contract Type
  Reinsurance Capacity Right of First Refusal Agreement
• Filed
  December 2nd, 2019
• Company
  1347 Property Insurance Holdings, Inc.
• Industry
  Fire, marine & casualty insurance
• Jurisdiction
  Florida

THIS Reinsurance Capacity Right of First Refusal Agreement (this “Agreement”), dated December 2, 2019 (the “Effective Date”), is entered into by and between FEDNAT Holding Company, a Florida corporation (“FedNat”), and 1347 Property Insurance Holdings Inc., a company organized and existing under the laws of Delaware (“PIH”). Each of FedNat and PIH are, at times, each individually referred to in this Agreement as a “Party,” and collectively referred to in this Agreement as the “Parties.”