A conservative projection

Tampa-based insurance firm HCI Group spent $25 million earlier this year to launch its online flood insurance platform, TypTap Insurance; “a digital platform, designed to fit the mold for how people will buy insurance in 20 years.” As in two decades.

Business

HCI Group assumes over 42,000 policies from Citizens

By Coverager ·

The policies assumed represent approximately $200 million of in-force premium.

Business

TypTap assumes $30 million of IFP from Citizens

By Coverager ·

TypTap expects to complete a second assumption of policies from Citizens in January 2024.

Financials

TypTap requests to withdraw its IPO filing

By Avi Ben-Hutta ·

Based on a filing with the SEC, TypTap is requesting to withdraw its registration statement.

Business

HCI Group provides update on IPO of TypTap

By Gabriella Ben-Hutta ·

Funded by HCI Group, TypTap was founded in 2016 to offer flood insurance.

A conservative projection

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HCI Group assumes over 42,000 policies from Citizens

TypTap assumes $30 million of IFP from Citizens

TypTap requests to withdraw its IPO filing

HCI Group provides update on IPO of TypTap