fbpx
Connect with us

HCI Group’s insuretech unit tops $50M in premiums

November 26, 2019 - Premiums at TypTap Insurance Co., a subsidiary of Tampa-based HCI Group Inc. (NYSE: HCI), have surpassed $50 million.  The company achieved that benchmark ahead of projections, a news release said. "Gross written premiums at TypTap have grown more than fourfold since the third quarter of 2018,” said Paresh Patel, HCI chairman and CEO. “This rapid growth is organic and, most important, profitable. We’re not sacrificing margins for the sake of growth.” TypTap’s operations are made possible by insurance-related information technology developed by HCI’s software subsidiary, Exzeo USA Inc.

More Zaps Frontpage

The St. Pete Catalyst

The Catalyst honors its name by aggregating & curating the sparks that propel the St Pete engine.  It is a modern news platform, powered by community sourced content and augmented with directed coverage.  Bring your news, your perspective and your spark to the St Pete Catalyst and take your seat at the table.

Email us: spark@stpetecatalyst.com

Subscribe for Free

Share with friend

Please enter email address you want to share this article with