Founded on November 30, 2006, HCI Group, Inc., is a Florida holding company that, through its subsidiaries, provides property and casualty insurance primarily to homeowners, owners, and tenants in Florida. Companies offer insurance products at competitive rates while using selective underwriting requirements for profit. The company started operating in 2007 to participate in the "take-out program," a legislatively mandated program designed to encourage private businesses to take on citizenship policies. At first, the company's growth was mainly due to the underwriting of a series of citizen policies and a deal with HomeWise insurance company. This growth trajectory helps the company reduce policy acquisition costs and reinsurance expenses. 

HCI

HCI Profile