HCI subsidiary corporation, TypTap Insurance Group, Inc., is pleased to announce that a fund affiliated with Centerbridge Partners, L.P. has invested $100 million in the company. The investment, representing about 11.75% of TypTap, implies a post-money valuation for TypTap of approximately $850 million.
In exchange for its investment, Centerbridge received from...
Hello all,
This is definitely not considered technical analysis due to how new the chart is, however, fundamentally I am very BULLISH about the company.
- Their insurance business model is disrupting the traditional static one.
- Metromile is an opportunity to invest in a new way insurance will be priced and sold to a large percentage of the population.
-...
