HCI - HCI Group - Stock Price & Dividends

HCI Group Inc, a diversified company, operates in multiple sectors, including property and casualty insurance, insurance management, reinsurance, real estate, and information technology. Its primary focus is in Florida, where it provides a range of residential insurance products to homeowners, condominium owners, and tenants. These products include homeowners, fire, flood, and wind-only insurance, catering to the unique needs of property owners in the state.

In addition to its insurance business, HCI Group Inc has a significant presence in the real estate sector. The company owns and operates a portfolio of waterfront properties, retail shopping centers, and commercial properties, which generate rental income and provide a stable source of revenue. This diversified approach helps the company to mitigate risks and increase its overall profitability.

The company's information technology segment is another key area of focus. HCI Group Inc designs and develops innovative web-based applications and products for mobile devices, which are used by insurance companies, agents, and policyholders. Its suite of products includes SAMS, an online policy administration platform; Harmony, a policy administration platform; ClaimColony, an end-to-end claims management platform; and AtlasViewer, a mapping and data visualization platform. These products are designed to streamline insurance operations, improve efficiency, and enhance the overall customer experience.

With a rich history dating back to 2006, HCI Group Inc has undergone significant transformations over the years. Formerly known as Homeowners Choice, Inc., the company changed its name to HCI Group, Inc. in May 2013 to reflect its expanded business operations. Today, the company is headquartered in Tampa, Florida, and continues to grow and evolve, driven by its commitment to innovation and customer satisfaction.