HCI to form commercial residential reciprocal carrier in FL: CEO Patel
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

HCI to form commercial residential reciprocal carrier in FL: CEO Patel

Shelby Rosenberg
08 November 2023
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
HCI Group logo Tampa Florida.jpg

HCI CEO Paresh Patel said that the carrier is forming a new reciprocal carrier in Florida, Condo Owners Reciprocal Exchange, which will mark the Floridian’s entry into the commercial residential insurance space.  

On a call with analysts, the CEO said: “It’s a very hard market for commercial residential right now.”

“We spent a few months doing the math, and we think it's a healthy business for us to enter where we can...

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Login now

Topics

NewsHCI Group
shelby rosenberg/shelby rosenberg ii ils.png
Shelby Rosenberg
Contact
Gift this article