In today’s article, let’s have a look at one of the fastest-growing insurance companies to have emerged out of Florida.
The days of a customer calling an insurance company and discussing quotes are slowly becoming obsolete. As customers look forward to getting everything they need in a few clicks, businesses are turning towards digitization. When everything goes online, why should the insurance industry be left behind? Insurance companies like TypTap are closing the gap between technology and insurance.
We all know that recurrence is a common feature in insurance. Whether its customer interaction, claims management, or data analysis, every aspect of the process works in a circular motion. The emergence of AI and its application in maintaining this flow is going to provide a massive boost to the kind of services that insurance carriers can offer to their customers. The rapid advancements in technology are changing the way insurance businesses operate and companies like TypTap are making full use of it.
Specializing in flood and home insurance, TypTap boasts of superior ‘propriety algorithms’ to come up with customized homeowners and flood insurance quotes that are unbeatable when compared with what other carriers seem to offer. Another aspect that makes TypTap stand apart from other carriers is the simplicity with which they handle every insurance claim. TypTap’s customers do not experience the usual burden of paperwork that comes along with buying an insurance policy.
Typtap provides its unparalleled services in Florida while also operating in Texas, New Jersey, and Pennsylvania, among other states. A subsidiary of HCI Group has been accredited with an ‘A+’ rating from Better Business Bureau (BBB) since January 2019. In 2018, the insurance company surpassed $10 million in gross written premiums. As the company grows, it hopes to capture the market of additional US states which include Arkansas, California, Maryland, North Carolina, and Ohio.
For more information, visit Typtap and find out why they are one of the best home insurance companies in Florida.