Caribbean Insurer Moves U.S. Headquarters To Florida

Sagicor Life Insurance Company has opened an 18,000-square-foot corporate office in Tampa, Fla.

The Tampa office will replace the Scottsdale, Ariz., as Sagicor Life’s U.S. headquarters, according to the company’s parent, Sagicor Financial Corp., St. Michael Barbados.

Sagicor Financial entered the U.S. life market in 2005, by acquiring American Founders Life Insurance Company, Scottsdale, from Vesta Insurance Group Inc., Birmingham, Ala., for $58 million.

Sagicor Financial then renamed the subsidiary Sagicor Life.