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HCI (HCI) Company Profile

Updated Feb 14, 2020
HCI has the following business profile:
Company's Full Name:HCI Group, Inc.
Short Name:HCI
Trading Ticker Symbol:HCI
Primary Exchange:NYSE
Headquarter City/Country:Florida, FL
Primary Industry Sector:Finance
Seconday Sub-sector:Property-Casualty Insurers
Main Business Areas: Finance, Property-Casualty Insurers, Financial Services, Property & Casualty Insurance
Dividend Payments:Dividend History

Market and Trading Information for HCI

The following details were available for trading and market data about the stock of HCI as of writing:
Current Share Price:$48.08
Previous Year's Closing Price:$45.65
Percentage Price Change (YTD):5.32%
Market Cap:$386.92 million
52-week Price Range:$36.72 - $49.26
Dividend Per Share:$1.57
EPS (TTM):1.14
Price-Earnings (Trailing):42.1
Price-Earnings (Forward):12.89

Company Profile and Business Description for HCI

HCI Group, Inc. (HCI), incorporated on November 30, 2006, is an insurance holding company. The Company operates through four operating divisions: property and casualty insurance, reinsurance, investment real estate and information technology. Its operations include Insurance Operations and Other Operations. Its Insurance Operations include property and casualty insurance, and reinsurance. Its Other Operations include information technology (IT) and real estate.

Insurance Operations

The Company, through its subsidiary, Homeowners Choice Property & Casualty Insurance Company, Inc. (HCPCI), provides property and casualty insurance to homeowners, condominium owners and tenants on properties located in Florida. HCPCI also offers flood-endorsed and wind-only policies to new and pre-existing Florida customers. HCPCI's operations are supported by HCI, as well as the subsidiaries of HCI, including Homeowners Choice Managers, Inc., Southern Administration, Inc. and Claddaugh Casualty Insurance Company Ltd. Homeowners Choice Managers, Inc. acts as managing general agent and provides marketing, underwriting, claims settlement, accounting and financial services to HCPCI. Southern Administration, Inc., provides policy administration services to HCPCI. Claddaugh Casualty Insurance Company Ltd. provides reinsurance to HCPCI.

Other Operations

The Company's real estate operations consist of multiple properties it owns and operates. Its real estate operations consist of its building in Tampa, Florida, and its secondary insurance operations site in Ocala, Florida. As of December 31, 2016, its investment properties consisted of a combined 24 acres of waterfront property, land and land improvements that included one full-service restaurant and two marinas, as well as two acquired retail shopping centers. It also has one real estate development project.

Information technology operations include software developers, engaged in designing and creating Web-based applications and products for mobile devices. The operations, which are located in Tampa, Florida and Noida, India, are focused on developing cloud-based products and services that support in-house operations, as well as its third party relationships with agency partners and claim vendors. Its Proplet is an online platform for quoting homeowners policies for HCPCI. This platform offers a map based solution for quoting. Its TypTap is an online platform for quoting and binding residential flood policies for its subsidiary, TypTap Insurance Company. Its SAMS is an online platform for supporting back-office policy and claims management for both of its insurance subsidiaries, HCPCI and TypTap Insurance Company. The technologies developed in-house for its own insurance operations include Exzeo, Atlas Viewer and CasaClue. Exzeo is a cloud-based application available at Exzeo.com which provides a customizable environment to support automation and process management. Atlas Viewer is an interactive cloud-based data mapping and visualization application. CasaClue is a database containing residential property data points important to underwriting residential flood insurance.

5300 W Cypress St Ste 100

Peer / Competitor Companies of Property-Casualty Insurers Sector

Along with HCI Group, Inc., the following other peer (competitor) companies also exist within the same Property-Casualty Insurers - Finance sector whose company profile and dividend history is as follows:

▶ 1347 Property Insurance (PIH): 1347 Property Insurance Holdings, Inc., incorporated on October 2, 2012, is a holding company. The Company, through its subsidiaries, is engaged providing property and casualty insurance. The Company offers homeowners ....See Detailed Company Profile,  Dividend History

▶ Alleghany (Y): Alleghany Corporation, incorporated on November 16, 1984, is an insurance holding company. The Company, through its subsidiary Alleghany Insurance Holdings LLC (AIHL) and its subsidiaries, is engaged in the property ....See Detailed Company Profile,  Dividend History

▶ Allstate (ALL): The Allstate Corporation (Allstate), incorporated on November 5, 1992, is a holding company for Allstate Insurance Company. The Companys business is conducted principally through Allstate Insurance Company, Allstate Life Insurance ....See Detailed Company Profile,  Dividend History

▶ Ambac Financial (AMBC): Ambac Financial Group, Inc. (Ambac), incorporated on April 29, 1991, is a financial services holding company. The Company operates through two segments: Financial Guarantee and Financial Services. The Financial Guarantee ....See Detailed Company Profile,  Dividend History

▶ Ambac Financial (AMBCW): Ambac Financial Group, Inc., a financial services holding company, provides financial guarantees to public and private sector clients in the United States, the United Kingdom, Italy, Austria, Australia, France, and Internationally. It offers financial guarantee insurance policies; and credit derivative contracts and Interest rate derivative transactions. The company was incorporated in 1991 and is head....See Detailed Company Profile,  Dividend History

▶ American Financial (AFG): American Financial Group, Inc. (AFG), incorporated on July 1, 1997, is a holding company engaged primarily in property and casualty insurance businesses. The Company, through Great American Insurance Group, focuses ....See Detailed Company Profile,  Dividend History

▶ American Financial (AFGE): American Financial Group, Inc. (AFG), incorporated on July 1, 1997, is a holding company engaged primarily in property and casualty insurance businesses. The Company, through Great American Insurance Group, focuses ....See Detailed Company Profile,  Dividend History

▶ American Financial (AFGH): American Financial Group, Inc. (AFG), incorporated on July 1, 1997, is a holding company engaged primarily in property and casualty insurance businesses. The Company, through Great American Insurance Group, focuses ....See Detailed Company Profile,  Dividend History

▶ American International (AIG): American International Group, Inc. (AIG), incorporated on June 9, 1967, is a global insurance company. The Company provides a range of property casualty insurance, life insurance, retirement products and other ....See Detailed Company Profile,  Dividend History

▶ AMERISAFE (AMSF): Amerisafe, Inc., incorporated on October 28, 1985, is an insurance holding company. The Company is engaged in providing workers compensation insurance focused on small to mid-sized employers engaged in hazardous ....See Detailed Company Profile,  Dividend History

▶ Arch Capital (ACGL): Arch Capital Group Ltd. (ACGL), incorporated on September 22, 2000, provides insurance, reinsurance and mortgage insurance through its wholly owned subsidiaries. The Company provides a range of property, casualty and ....See Detailed Company Profile,  Dividend History

▶ Arch Capital (ACGLP): Arch Capital Group Ltd. (ACGL), incorporated on September 22, 2000, provides insurance, reinsurance and mortgage insurance through its wholly owned subsidiaries. The Company provides a range of property, casualty and ....See Detailed Company Profile,  Dividend History

▶ Assured Guaranty (AGO): Assured Guaranty Ltd., incorporated on August 21, 2003, is a holding company. The Company, through its subsidiaries, provides credit protection products to the United States and international public finance, including ....See Detailed Company Profile,  Dividend History

▶ Atlas Financial (AFH): Atlas Financial Holdings, Inc., incorporated on December 31, 2010, is a financial services holding company. The Company, through its subsidiaries, is engaged in the underwriting of commercial automobile insurance policies, ....See Detailed Company Profile,  Dividend History

▶ Axis Capital (AXS): AXIS Capital Holdings Limited, incorporated on December 9, 2002, is a holding company for the AXIS group of companies. The Company provides a range of specialty (re)insurance, through subsidiaries and ....See Detailed Company Profile,  Dividend History

▶ Blue Capital Reinsurance (BCRH): Blue Capital Reinsurance Holdings Ltd., incorporated on June 24, 2013, provides collateralized reinsurance in the property catastrophe market and invests in various insurance-linked securities. The Company conducts its operations through ....See Detailed Company Profile,  Dividend History

▶ Chubb (CB): Chubb Limited, through its subsidiaries, provides insurance and reinsurance products worldwide. Its North America Commercial P&C Insurance segment offers commercial property, marine, general casualty,....See Detailed Company Profile,  Dividend History

▶ Cincinnati Financial (CINF): Cincinnati Financial Corporation, incorporated on March 4, 1992, is an insurance holding company. As of December 31, 2016, the Company was engaged in the business of property casualty insurance marketed ....See Detailed Company Profile,  Dividend History

▶ CNA Financial (CNA): CNA Financial Corporation, incorporated on September 8, 1967, is an insurance holding company. The Companys segments include Specialty, Commercial, International, Life & Group Non-Core, and Corporate & Other Non-Core. The ....See Detailed Company Profile,  Dividend History

▶ Conifer (CNFR): Conifer Holdings, Inc., incorporated on October 27, 2009, is an insurance holding company. Through its insurance company subsidiaries, the Company offers insurance coverage in both specialty commercial and specialty personal ....See Detailed Company Profile,  Dividend History

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