HCI Group, Inc.

About HCI Group, Inc.

HCI Group engages in diverse business activities, combining technology and industry expertise to drive profitable growth. Their operations span insurance, technology solutions, reinsurance, and real estate, with a focus on creating value for shareholders, employees, and customers.

Products & Services

Insurance:Owns and manages operations of insurance carriers specializing in homeowners and commercial residential insurance.

Technology Solutions:Operates Exzeo, a technology division with a proprietary ecosystem managing all aspects of insurance operations.

Reinsurance:Manages a wholly owned reinsurer to opportunistically handle reinsurance cycles.

Real Estate:Owns, manages, and develops commercial properties in Florida.

Specialties

Homeowners Insurance Commercial Residential Insurance Technology Solutions for Insurance Operations Reinsurance Management Real Estate Development

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Convertible Senior Notes T: - FT: Convertible Senior Notes	A: 1000 MR: - FA: 4.75% Convertible Senior Notes Due 2042 FAN: 1000	D: 2025-01-01 FD: 2025-01-01	-
2	RT: Public Offering T: - FT: Public Offering	A: 85000000 MR: - FA: $85 million FAN: 85000000	D: 2023-12-11 FD: 2023-12-11	3 investors
3	RT: Public Offering T: - FT: Public Offering	A: 78000000 MR: - FA: approximately $78 million FAN: 78000000	D: 2023-12-06 FD: 2023-12-06	3 investors

Convertible Senior Notes Latest

2025-01-01

$1K

Public Offering 2023-12-11

$85.0M

Public Offering 2023-12-06

$78.0M

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Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Mock Up

Team & Leadership

P

Paresh Patel

Chief Executive Officer and Chairman of the Board

M

Mark Harmsworth

Chief Financial Officer

K

Karin Coleman

Chief Operating Officer, President of Homeowners Choice and Director

A

Andrew L. Graham

General Counsel and Corporate Secretary

A

Anthony Saravanos

President of Greenleaf Capital, LLC and Director

W

Wayne Burks

Director

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Recent News

HCI Group, Inc. Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised