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Mr. Patel is a founder of the company. He has been a director of our company since its inception
and has served as the chairman of our board since May 2007. Mr. Patel has broad experience in
technology and finance. He developed and continues to oversee development of the company’s policy
administration systems. Since 2006, Mr. Patel has served as president of Scorpio Systems, Inc., a
software development company, and since 2011, has served as chairman of the board of First Home
Bancorp, Inc., a bank holding company is Seminole, Florida. He is a founder of NorthStar Bank in
Tampa, Florida and from 2006 to 2010 served on the board of directors of its parent company, NorthStar
Holding Company. As a private investor from 2000 to 2006, Mr. Patel developed and implemented his own
money management system based upon statistical and probability techniques. Before that, Mr. Patel was
director of customer care and billing with Global Crossing from 1998 to 2000. In that position, Mr. Patel
defined business processes and systems, hired and trained department staff and led the merger of the customer
care and billing systems with those of that company’s acquisitions. As an independent consultant from 1991 to
1998, Mr. Patel worked with large international telephone companies. Mr.Patel holds a Bachelor’s and a Master’s
degree in Electronic Engineering from the University of Cambridge in United Kingdom.
Jay Madhu has been a director of Homeowners Choice Inc. since May 2007 and he currently serves as Division President –
Real Estate Operations and Vice President of Investor Relations. Mr. Madhu has served as Division President of Real Estate
Operations since June 2011 and as Director of Investor Relations since February 2008. He also served as Vice President for
marketing from 2008 to 2011. As an owner and manager of commercial properties, Mr. Madhu has been president of 5th Avenue
Group LC since 2002 and President of Forrest Terrace LC since 1999. In addition, Mr. Madhu is an investor in banking and
health maintenance organizations. He has also been President of The Mortgage Corporation Network (correspondent lenders)
since 1996. Prior to that, Mr. Madhu was Vice President, mortgage division, First Trust Mortgage & Finance, from 1994 to 1996;
Vice President, residential first mortgage division, Continental Management Associates Limited, Inc., from 1993 to 1994; and
President, S&S Development, Inc. from 1991 to 1993. He attended Northwest Missouri State University, where he studied marketing and management.
Gregory Politis has been a director of our company since November 2006. Mr. Politis is president of Xenia Management LLC,
a real estate portfolio management company he established in 1988, and has interests in 29 real estate developments in the
Miami-Dade County, Orlando, Greater Tampa Bay and Montreal, Canada areas. During his career, Mr. Politis has developed and
retained ownership of retail centers and commercial office space, with a primary focus on buildings housing federal and state
government agencies. He was a founding member of Hellenic American Board of Entrepreneurs and a recipient of the Building
Owners and Managers Association (BOMA) Building of the Year Award. Mr. Politis is a director of NorthStar Bank and formerly
served as a director of Florida Bank.
Anthony Saravanos has been a director of our company since May 2007. Mr. Saravanos is vice president of The Boardwalk Company,
a full-service real estate company, a position he has held since 2003; and managing partner of Karystos Corporation, a commercial
property group with 14 properties in Florida and New York, since 2001. From 1997 to 2001, he served as district manager, marketing
and sales, for DaimlerChrysler Motors Corporation, Malvern, Pa. A graduate of Ursinus College, Collegeville, Pa., with a double
major in Economics and Spanish, Mr. Saravanos received a master’s degree in Business Administration from Villanova University,
with an emphasis in marketing. He also attended Quanaouac Institute, Cuernavaca, Mexico, for intensive Spanish studies and a
cultural immersion program. A licensed real estate broker, Mr. Saravanos is a candidate for Certified Commercial Investment Member.
Martin A. Traber
Martin A. Traber has been a director of our company since November 2006. Mr. Traber is currently, and since 1994 has been, a
shareholder/partner of Foley & Lardner LLP, in Tampa, Florida representing clients in securities and corporate law transactions.
Mr. Traber earned a B.A. and J.D. from Indiana University. He currently serves as a Director of Powerlinx Corporation. Powerlinx
engages in the development, licensing, manufacture and marketing of products and applications to transmit voice, video, audio
and data either individually or in combination. Mr. Traber is also a founder and a member of the Board of Directors of Northstar
Bank, Tampa, Florida.
Phone: (888) 210-5235
Homeowners Choice Property & Casualty Insurance Company, Inc.
Phone: (888) 210-5235 (Toll Free)