Former Allstate exec to run Lakewood Ranch firm

LAKEWOOD RANCH — Gulfstream Property and Casualty Insurance Co. named industry veteran Douglas Reynolds president and CEO.

Reynolds replaces Kerry Ford, vice president of underwriting at Gulfstream, who was interim president, according to a release. Founded in 2004 and based in Lakewood Ranch, Gulfstream is a regional property insurance carrier that provides homeowners, renters, condominium and fire coverage. It has operations along the Gulf and Atlantic coasts and is licensed in seven states, including Florida, Louisiana and Texas.

Reynolds has held executive leadership positions for several insurance and financial services companies, including AIG and Allstate Insurance Co. At Allstate, Reynolds began his career in underwriting and advanced to senior vice president of independent agent markets. Reynolds also oversaw property and casualty and the financial services business for national insurance underwriter Horace Mann Educators Corp.

“Doug has built a reputation as a strategic leader galvanizing growth in startups, national and global companies,” Gulfstream Chairman Bryan Rivers says in the release. “With an exceptional track record in the insurance industry, both domestically and internationally, Doug is well-positioned to lead Gulfstream's continued success in our home state of Florida and additional expansion along the hurricane-exposed Gulf and Atlantic coast states.”