{"id":476756,"date":"2021-04-15T08:03:26","date_gmt":"2021-04-15T12:03:26","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/typtap-receives-approval-to-write-homeowners-insurance-in-connecticut-as-part-of-companys-nationwide-expansion-plan\/"},"modified":"2021-04-15T08:03:26","modified_gmt":"2021-04-15T12:03:26","slug":"typtap-receives-approval-to-write-homeowners-insurance-in-connecticut-as-part-of-companys-nationwide-expansion-plan","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/typtap-receives-approval-to-write-homeowners-insurance-in-connecticut-as-part-of-companys-nationwide-expansion-plan\/","title":{"rendered":"TypTap Receives Approval to Write Homeowners Insurance in Connecticut as Part of Company\u2019s Nationwide Expansion Plan"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">TAMPA, Fla., April  15, 2021  (GLOBE NEWSWIRE) &#8212; <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=bDVySqSV5jLquTWSxDO9LI07h0jy7D29kjarRwU8IEJxOaKb3DRG3tTq6UbQcN_b7braArc7qn_CuMSviO3kZCMqXEG49AT6R9CT4CVTZW8=\" rel=\"nofollow noopener\" target=\"_blank\"><strong>TypTap Insurance Group, Inc.<\/strong><\/a><strong>(TypTap)<\/strong>, a rapidly growing, technology-driven insurance company and a subsidiary of HCI Group, Inc. (NYSE: HCI), has received regulatory approval to write homeowners insurance in Connecticut.<\/p>\n<p>The approval is part of TypTap\u2019s planned nationwide expansion announced in <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=VfQ4t1Z16257M10MY5HXpmCT0_bnTguxZxRHCc65RdGL38r3q9mtnMPrgJIk2GDAbTE9t_FgU4Gcjoj1IgD6t7T3GMA4R2XF8AhXacjLcbGmXbZYomx1BIsCaWzXD0tpJPSQz_jqDiOHBBQYF1zYMDAq5iFpOYKhfSNHK1GUoxo=\" rel=\"nofollow noopener\" target=\"_blank\">August of 2020<\/a>. TypTap has received approvals in 12 states outside of Florida.<\/p>\n<p>\n        <strong>About TypTap Insurance Group, Inc.<\/strong><br \/>\n        <br \/>Funded by HCI Group, Inc. (NYSE:HCI), TypTap was founded in 2016 with the <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=tJQR_PO5XsEkJFH-Rc82WKMq8dJzdbSMnkSqXNLWdHt4XAa-gxV88-DRXuB2VQd0wxCqr9i0-zLWu9kQwdlIZRGMyVumrW6Jb1GqOLTndhQ=\" rel=\"nofollow noopener\" target=\"_blank\">mission<\/a> of utilizing technology, data, and data analytics to simplify the insurance experience. TypTap is a rapidly growing, technology-driven insurance company that provides homeowners and flood insurance in Florida with plans to expand its operations nationwide. TypTap uses its innovative, proprietary, online platform to quote and bind policies quickly and efficiently. It also has powerful algorithms, enabled by artificial intelligence, designed to identify policies that deliver profitable results while mitigating risk.<\/p>\n<p>\n        <strong>About HCI Group, Inc.<\/strong><br \/>\n        <br \/>HCI Group, Inc. owns subsidiaries engaged in diverse, yet complementary business activities, including homeowners\u2019 insurance, reinsurance, real estate, and information technology services. HCI\u2019s leading insurance operation, TypTap Insurance Company, is a rapidly growing, technology-driven insurance company that is expanding nationwide to provide homeowners and flood insurance. TypTap\u2019s operations are powered in large part by insurance-related information technology developed by HCI\u2019s software subsidiary, Exzeo USA, Inc.\u00a0HCI\u2019s largest subsidiary, Homeowners Choice Property &amp; Casualty Insurance Company, Inc., provides homeowners\u2019 insurance primarily in Florida. HCI\u2019s real estate subsidiary, Greenleaf Capital, LLC, owns and operates multiple properties in Florida, including office buildings, retail centers and marinas.<\/p>\n<p>\n        <strong>TypTap Company Contact:<\/strong><br \/>\n        <br \/>Kevin Mitchell, President<br \/>TypTap Insurance Company<br \/>Tel (813) 405-3603<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=6nFezPYmsdq_HWOl9VL-jpwZRGwvbtjAmhZFt56rPleLfRzbGgy_uuIcUnO1SsQPbRLM2V0sbCU3Kvg-oZoLCDLQxJK-dqq_aptYP6nTOq8=\" rel=\"nofollow noopener\" target=\"_blank\">kmitchell@typtap.com<\/a>\u00a0\u00a0\u00a0<\/p>\n<p>\n        <strong>TypTap Media Contact:<\/strong><br \/>\n        <br \/>Jordan Schmidt, Managing Director<br \/>Gateway Group<br \/>Tel (949) 386-6332<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=bDVySqSV5jLquTWSxDO9LFbvZhlRQOf0Qg5gOumRv3rzPEdULHj5jGWhbKgolBlB5dArBGJJc6Uu9Rb_zsUSJw4tK30pL3PhimiK0KwLw3s=\" rel=\"nofollow noopener\" target=\"_blank\">TypTap@gatewayir.com<\/a><\/p>\n<p>\n        <strong>HCI Company Contact:<\/strong><br \/>\n        <br \/>Rachel Swansiger, Esq. <br \/>HCI Group, Inc.<br \/>Tel (813) 405-3206<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=3Svn83x1OagtAXFQCflkLnzzIGuCrBW5BDE38ahOCuSTq8ruYYBkDmMPwxchsrB2I4y-lC_eg6P0KHs8ZF2XVF4WYTzo41hCJKld1pH0cp8=\" rel=\"nofollow noopener\" target=\"_blank\">rswansiger@hcigroup.com<\/a><\/p>\n<p>\n        <strong>HCI Investor Relations Contact:<\/strong><br \/>\n        <br \/>Matt Glover<br \/>Gateway Group<br \/>Tel (949) 574-3860<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=MIzTBpXsA_Y9MZifFr1wn8EShCyLkhCYyPPA55azM9NLijgSUtoh1Y836ifM5u0C5LvCyEjV_gejJ0aSdqXZrw==\" rel=\"nofollow noopener\" target=\"_blank\">HCI@gatewayir.com<\/a><\/p>\n<p \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIxNzI0MCM0MTIxNTc0IzIwMjA4MzE=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/c2def843-3763-48cc-a3fa-2c9b24850193\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>TAMPA, Fla., April 15, 2021 (GLOBE NEWSWIRE) &#8212; TypTap Insurance Group, Inc.(TypTap), a rapidly growing, technology-driven insurance company and a subsidiary of HCI Group, Inc. (NYSE: HCI), has received regulatory approval to write homeowners insurance in Connecticut. The approval is part of TypTap\u2019s planned nationwide expansion announced in August of 2020. TypTap has received approvals in 12 states outside of Florida. About TypTap Insurance Group, Inc. Funded by HCI Group, Inc. (NYSE:HCI), TypTap was founded in 2016 with the mission of utilizing technology, data, and data analytics to simplify the insurance experience. TypTap is a rapidly growing, technology-driven insurance company that provides homeowners and flood insurance in Florida with plans to expand its operations nationwide. TypTap uses its innovative, proprietary, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/typtap-receives-approval-to-write-homeowners-insurance-in-connecticut-as-part-of-companys-nationwide-expansion-plan\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;TypTap Receives Approval to Write Homeowners Insurance in Connecticut as Part of Company\u2019s Nationwide Expansion Plan&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-476756","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>TypTap Receives Approval to Write Homeowners Insurance in Connecticut as Part of Company\u2019s Nationwide Expansion Plan - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/typtap-receives-approval-to-write-homeowners-insurance-in-connecticut-as-part-of-companys-nationwide-expansion-plan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TypTap Receives Approval to Write Homeowners Insurance in Connecticut as Part of Company\u2019s Nationwide Expansion Plan - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"TAMPA, Fla., April 15, 2021 (GLOBE NEWSWIRE) &#8212; TypTap Insurance Group, Inc.(TypTap), a rapidly growing, technology-driven insurance company and a subsidiary of HCI Group, Inc. 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(NYSE: HCI), has received regulatory approval to write homeowners insurance in Connecticut. The approval is part of TypTap\u2019s planned nationwide expansion announced in August of 2020. TypTap has received approvals in 12 states outside of Florida. About TypTap Insurance Group, Inc. Funded by HCI Group, Inc. (NYSE:HCI), TypTap was founded in 2016 with the mission of utilizing technology, data, and data analytics to simplify the insurance experience. TypTap is a rapidly growing, technology-driven insurance company that provides homeowners and flood insurance in Florida with plans to expand its operations nationwide. 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