# VYRD > Made by Floridians for Floridians ## At a glance | Field | Value | | --- | --- | | Type | Carrier | | Region | NA | | Headquarters | St. Petersburg, Florida, USA | | Founded | 2021 | | Stage | Startup | | Employees | 11-50 | ## Overview VYRD is an independent-agent-distributed homeowners insurance carrier domiciled in Florida, writing personal lines property coverage exclusively within the state. Founded in December 2021 as a joint venture between SiriusPoint Ltd. (NYSE: SPNT) and bolttech, VYRD became the first Florida-domiciled property and casualty insurer licensed in the state in nearly a decade. The carrier was built to address the reduced availability of homeowners coverage in Florida, where hurricane losses, roof claim litigation, and insurer withdrawals had sharply limited consumer options. VYRD entered the market in early 2022 making take-out offers to Citizens Property Insurance policyholders, and distributes exclusively through a network of Florida-based independent agents. The company does not offer direct-to-consumer sales. VYRD uses Verisk LightSpeed for Homeowners as its core underwriting platform, integrating location-based peril data, aerial imagery, roof data, building permit data, and loss history to automate risk selection. The bolttech platform provides additional technology infrastructure. In 2026, Demotech affirmed the company's Financial Stability Rating at "A" Exceptional. In 2025, VYRD implemented a statewide rate decrease of approximately 1.3%, reflecting improved attritional loss performance in a non-hurricane year. ## Links - Website: - Directory profile: - News: - About: --- *Last updated: 2026\-05\-18*