Insurance firm postpones subsidiary’s IPO

TypTap Insurance Group leader says market pricing ‘does not accurately reflect’ Tampa-based firm’s value.

  • By Business Observer Staff
  • | 12:37 p.m. January 13, 2022
File. HCI Chairman and CEO Paresh Patel, left, and President Kevin Mitchell.
File. HCI Chairman and CEO Paresh Patel, left, and President Kevin Mitchell.
  • Tampa Bay-Lakeland
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TAMPA — Insurtech company TypTap Insurance Group Inc., a subsidiary of Tampa-based HCI Group, has delayed its initial public offering.

 

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