Surge protector: Data-centric venture aims to transform flood insurance

TypTap, a division of an insurance firm, wants to out-tech its competitors in the complicated and cost-heavy niche.

Mark Wemple. TypTap CEO Paresh Patel and President Kevin Mitchell seek to change the way people think about flood insurance.
Mark Wemple. TypTap CEO Paresh Patel and President Kevin Mitchell seek to change the way people think about flood insurance.
  • Insurance
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With the benefit of hindsight, 2016 wasn’t the best time to get into the flood insurance business in Florida. The following year brought Hurricane Irma, and the year after that was Hurricane Michael.

 

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