HCI Group subsidiary TypTap hits $1bn premium as Citizens depop picks up pace
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

HCI Group subsidiary TypTap hits $1bn premium as Citizens depop picks up pace

Shelby Rosenberg, 
Farhin Lilywala, Jai Singh
20 December 2023
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
Tampa Florida Skyline

HCI Group subsidiary TypTap has assumed approximately $30mn of in-force premium from Citizens Property Insurance Corporation, Florida’s state-backed insurance company, to surpass $1bn of total premium.

“This [milestone of $1bn premium] is a tremendous accomplishment, as the company started 2023 with less than $740mn of in-force premium,” said Paresh Patel, HCI’s chairman and CEO.

The

Subscribers, log in here:

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
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News Florida Citizens Property
shelby rosenberg/shelby rosenberg ii ils.png
Shelby Rosenberg
Contact
farhin lilywala/farhin lilywala ii ils.png
Farhin Lilywala
Section Editor, Distribution & Specialty
Contact
jai singh/jai singh ii ils.png
Jai Singh
Reporter
Contact
Gift this article