CITON

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Care in the Time of Need

CITON, founded by Chairman and CEO Kenneth Gregg, provides catastrophic insurance with a specialization in niche products. Established out of a desire to help those in their time of need, CITON understands the limitations that conventional insurance has during a catastrophic event.

Gregg, a veteran of the insurance industry, realized property owners continue to assume more and more risk in the form of higher deductibles. Realizing that the deductible was becoming a major risk for the insured, Gregg spent two years developing a product to combat this growing concern.

ZERO SELECT Wind Deductible Elimination Plan is the first of many products CITON will begin marketing. This particular product fills a gap for the insured by covering 100% of the deductible if damage estimates exceed the deductible dollar amount. This product is currently only available in select Florida regions but will expand to additional at-risk states in 2009.

In addition to launching an innovative deductible elimination product, CITON has developed a proprietary online underwriting system. This streamlined system was designed to minimize paperwork and make for quick approvals.

Gregg and the CITON team continue to develop innovative niche products to fill gaps in standard insurance coverage and provide more balance to the insured.

Kenneth M. Gregg

CEO / Chairman

Kenneth M. Gregg, CEO / Chairman

Kenneth Gregg has over 12 of years experience in the insurance industry, with expertise in distribution and product development for startup and expanding companies. Mr. Gregg has worked with such organizations as USAllianz and CNA in the role of relationship management for product distribution to outside intermediaries. His role with these companies focused predominately on non-performing regions where he was tasked with helping them to become profitable; a task he completed successfully in both organizations. Mr. Gregg has a B.S. in Business Administration in Economics and an M.B.A. in Finance, both from the University of Central Florida.