Honeycomb Insurance
VerifiedUSD | 2021 | 2022 |
---|---|---|
Revenues | 0000 | 0000 |
% growth | - | 938 % |
EBITDA | 0000 | 0000 |
Profit | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x |
R&D budget | 0000 | 0000 |
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | $0.0 | round |
investor investor | $0.0 | round | |
investor investor | $0.0 | round | |
* | $36.0m | Series B | |
Total Funding | 000k |
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Recent News about Honeycomb Insurance
EditHoneycomb Insurance is revolutionizing the real estate insurance market by offering a streamlined and transparent approach to coverage for condo associations, homeowners associations (HOAs), building owners, property managers, and developers. The company operates as a general agent for affiliated insurance companies and is licensed to provide property and casualty insurance across multiple states in the U.S.
Honeycomb's business model leverages advanced technology and industry expertise to deliver instant, hassle-free quotes and significant cost savings—up to 40%—to its clients. By combining proprietary technology with expert advice, Honeycomb ensures that clients receive the best possible coverage at the most affordable price. The company prides itself on its people-focused, tech-driven approach, simplifying the insurance process from start to finish.
The market Honeycomb operates in is the real estate insurance sector, which includes insurance products specifically designed for properties and their associated risks. The company's clients range from individual building owners to large property management firms and real estate developers, all of whom benefit from Honeycomb's efficient and transparent service model.
Honeycomb makes money by acting as an intermediary between insurance providers and clients, earning commissions on the policies it sells. The company also utilizes big data and artificial intelligence (AI) to enhance its service offerings, making the insurance process more efficient and tailored to individual client needs.
In summary, Honeycomb Insurance is a tech-savvy, client-focused company that simplifies real estate insurance, offering significant savings and expert guidance to a diverse range of clients in the property sector.
Keywords: real estate insurance, condo associations, HOAs, building owners, property managers, developers, instant quotes, cost savings, proprietary technology, expert advice.