Co-Founder & CEO Schaeffer: Focus remains on becoming Florida’s best home insurer
DEERFIELD BEACH, Fla. – People’s Trust Insurance Company, one of Florida’s leading home insurers, today announced the retirement of President and Chief Operating Officer Mitch Politzer, effective at the end of the year. Company co-founder and CEO George Schaeffer will add the duties of President to his responsibilities.
For more than five years, Politzer has helped guide the company through its start-up phase, and it has now emerged as one the state’s biggest success stories. He will continue to serve People’s Trust Insurance (PTI) in a new role as Vice Chair of the company’s Board of Directors and chairman of its Audit Committee.
Schaeffer recognized Politzer for steering People’s Trust to its current status, commenting, “Mitch has served an important role at People's Trust during its formative years. Under his leadership we have successfully launched our innovative way of doing business and positioned the company for future success.”
Politzer, a long-time insurance executive, said, “What we've created at People's Trust is very special and helps provide affordable premiums and a simplified recovery process not available anywhere else. I'm proud of what we've accomplished during my tenure and I look forward to my continued involvement in PTI's enterprise strategy and corporate governance in my new role on the Board of Directors.”
In an industry not known for innovation, People’s Trust is a leader in providing a better way to insure Florida homes. With more than 150,000 policyholders, People's Trust has now grown to be be a top-tier home insurer in the state – an impressive achievement considering the company has never done a takeout from Citizens Property Insurance Corp. Schaeffer attributes the company’s great success in part to the upfront investments in preparedness through its affiliate, Rapid Response Team, Florida’s largest insurance restoration general contractor.
“I have a passion for our Better Way of taking care of our policyholders,” Schaeffer said. “I am looking forward to continuing our mission of becoming Florida’s best homeowner’s insurance company.”
About People’s Trust Insurance
Founded in 2008, People's Trust Insurance has emerged as one of Florida's top 10 home insurance companies, providing homeowners with affordable rates and benefits not available anywhere else. Honored with the 2013 Enterprise Florida Governor's Innovators in Business Award, People's Trust provides a “Better Way” for more than 150,000 Floridians to insure their homes. With more than 600 employees in its family of companies and an affiliation with Florida’s largest insurance restoration general contractor, People’s Trust is Florida’s best prepared home insurance company and a full partner in its policyholders’ recovery after loss.