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Market Impact: 0.2
Honeycomb Insurance Expands into Tennessee and South Carolina, Bringing Capacity to Markets Challenged by Severe Weather Conditions
Source: Newswire
Housing & Real EstateNatural Disasters & WeatherTechnology & InnovationProduct Launches
A tech-enabled insurer expanded commercial real estate coverage availability into Tennessee and South Carolina, enabling agents to quote and bind both admitted and non-admitted policies. The expansion targets states with severe wind and hail risk and rising general-liability exposures, potentially broadening the insurer's distribution and premium-growth opportunity in difficult property insurance markets.
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