Reinsurance to Assist Policyholders Program *(Updated 06/22/2022) 

The Reinsurance to Assist Policyholders program (“RAP”) was created by the Florida Legislature under s. 215.5551, F.S. and became effective on May 26, 2022.  The program is administered by the State Board of Administration (“SBA”) and provides a non-recurring total of $2 billion in coverage for a portion of RAP insurers’ hurricane losses.  The program requires participation for almost all insurers participating in the Florida Hurricane Catastrophe Fund (FHCF); exceptions to participation can be found in the Frequently Asked Questions. 

Contracts for the RAP program are being finalized and are anticipated to be sent via email on or around July 1, 2022.  For contract year 2022-2023, RAP insurers must sign and return the RAP contract no later than July 15, 2022.

RAP insurers  with any private reinsurance that duplicates the RAP coverage must defer participation in the RAP program as described in s. 215.5551, F.S., and must notify the SBA of this duplicate coverage in writing via email to by June 30, 2022.  Information on notifying the SBA of duplicate coverage can be found in the Frequently Asked Questions.

The SBA will continue to update this page as additional information is developed.  If there are questions remaining after reviewing the information available on this site, please send an email to

RAP Structure Chart – to be updated after 6/30/22