HCI HCI Group Inc.

TypTap Insurance Company Receives Approval to Write Homeowners Insurance in Michigan as Part of Company’s Nationwide Expansion Plan

TypTap Insurance Company Receives Approval to Write Homeowners Insurance in Michigan as Part of Company’s Nationwide Expansion Plan

TAMPA, Fla., Jan. 20, 2021 (GLOBE NEWSWIRE) -- , a rapidly growing, technology-driven insurance company wholly owned by HCI Group, Inc. (NYSE: HCI), has received regulatory approval to write homeowners insurance in Michigan.

The approval is part of TypTap’s planned nationwide expansion announced in . TypTap has received approvals in eight states outside of Florida.

About HCI Group, Inc.

HCI Group, Inc. is an InsurTech company with operations in insurance, software development and real estate. HCI’s leading insurance operation, TypTap Insurance Company, currently provides homeowners insurance and flood insurance in Florida. TypTap’s operations are powered in large part by insurance-related information technology developed by HCI’s software subsidiary, Exzeo USA, Inc. HCI’s largest subsidiary, Homeowners Choice Property & Casualty Insurance Company, Inc., provides homeowners’ insurance primarily in Florida. HCI’s real estate subsidiary, Greenleaf Capital, LLC, owns and operates multiple properties in Florida, including office buildings, retail centers and marinas.

The company's common shares trade on the New York Stock Exchange under the ticker symbol "HCI" and are included in the Russell 2000 and S&P SmallCap 600 Index. HCI Group, Inc. regularly publishes financial and other information in the  section of the company’s website. For more information about HCI Group and its subsidiaries, visit .

TypTap Company Contact:

Kevin Mitchell, President

TypTap Insurance Company

Tel (813) 405-3603

   

TypTap Media Contact:

Amber Brinkley

Kippen Communications

Tel (727) 466-7695

 

HCI Company Contact:

Rachel Swansiger, Esq.

HCI Group, Inc.

Tel (813) 405-3206

HCI Investor Relations Contact:

Matt Glover

Gateway Investor Relations

Tel (949) 574-3860



EN
20/01/2021

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