Submit an Offer
Once a potential buyer has completed its due
diligence and decides to submit an offer to purchase an insurer,
they will need to submit their offer in writing. The offer should
contain basic information about the potential purchaser, the
proposed purchase price, and any other information that the
purchaser wants the Receiver to consider when evaluating the offer.
If additional information is needed, the Receiver will contact the
potential purchaser during the evaluation period.
Please mail the offer to the Receiver at the
following address:
Florida Department of Financial Services
Division of Rehabilitation and Liquidation
Attn: Administration
P O Box 110
Tallahassee, Florida 32301
FAX Number: 850-922-9739
Once the Receiver receives submitted offers
from all interested buyers, it will evaluate each submitted offer
independently. You will then be notified as to whether your offer is
acceptable or not. If your offer is accepted, the Receiver will
notify you and then the next step will be to proceed with the
execution of a sales agreement.
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