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
2020 Capital Circle SE, Ste 310
Tallahassee, Florida 32301
FAX Number: 850-413-3992
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.