TypTap Insurance (PRIVATE.TYPTAP)

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Impact Scorecard
About

Overall impact

A (81)

Commentary

TypTap Insurance is a leader for overall positive impact. With an 'A' rating of 80.9 for overall impact (95th percentile compared to all companies), TypTap Insurance ranks 11th out of 169 industry peers, behind Insurance Australia, Suncorp, QBE Insurance and 7 others, and ahead of MRH Trowe, Kingsway Financial Services, Fidelis Insurance Holdings and 155 others. On top material causes for TypTap Insurance's industry (Insurance), TypTap Insurance performs well in Accountable Institutions (81.5 score), Accountable Institutions (81.5), Affordable, Safe Housing (95.2) and 7 other causes where it received an 'A' score and performs poorly in Reduced Green House Gas Emissions (21.6 score) and Decent, Safe Work Opportunities (37.8).

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Advertising
Alcohol
Alcohol - responsible marketing
Anti-abortion support
Anti-Israel
Anti-personnel mines
Anti-social publishing
Arctic drilling
Banned pesticides and chemicals
Banned pharmaceuticals
Biological and chemical weapons
Cannabis
Child safety
Cluster munitions
Coal
Conflict minerals
Contraceptives
Controversial weapons
Deforestation - financing
Deforestation - supply chain
Depleted uranium
Discrimination controversies
Electrical utility
Endangered wildlife
Environmental controversies
EU sanctions list
Factory farming
Fast food
Firearms
Food commodity derivatives
For-profit health care
Fossil fuel
Fur
Gambling
Genetic engineering
Health-related controversies
Human rights controversies
Human trafficking
Illegal activities
ILO Conventions
Interest-based products
Iran
Land use and biodiversity
Military contracting
Misleading communication
Music
Myanmar
Non-sustainable palm oil
Northern Ireland (Macbride)
North Korea
No SBTI commitment
Nuclear
OECD Guidelines
Oil and gas
Opioid controversies
Oppressive governments
Palestinian human rights
Pharma controversies
Pork
Pornography
Predatory lending
Prison involvement
Privacy breaches
Pro-life
Russia
Single-use plastic
Stem cell research
Sudan
Sugar
Syria
Tar sands
Thermal coal
Tobacco
Tobacco - GICS
UK sanctions list
Undermining US elections
UN Global Compact
UN Guiding Principles
US OFAC sanctions list
Weapons

Impact

Cause			PRIVATE.TYPTAP

Peer rank

Overall impact

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Screens

Advertising
Alcohol
Alcohol - responsible marketing
Anti-abortion support
Anti-Israel
Anti-personnel mines
Anti-social publishing
Arctic drilling
Banned pesticides and chemicals
Banned pharmaceuticals
Biological and chemical weapons
Cannabis
Child safety
Cluster munitions
Coal
Conflict minerals
Contraceptives
Controversial weapons
Deforestation - financing
Deforestation - supply chain
Depleted uranium
Discrimination controversies
Electrical utility
Endangered wildlife
Environmental controversies
EU sanctions list
Factory farming
Fast food
Firearms
Food commodity derivatives
For-profit health care
Fossil fuel
Fur
Gambling
Genetic engineering
Health-related controversies
Human rights controversies
Human trafficking
Illegal activities
ILO Conventions
Interest-based products
Iran
Land use and biodiversity
Military contracting
Misleading communication
Music
Myanmar
Non-sustainable palm oil
Northern Ireland (Macbride)
North Korea
No SBTI commitment
Nuclear
OECD Guidelines
Oil and gas
Opioid controversies
Oppressive governments
Palestinian human rights
Pharma controversies
Pork
Pornography
Predatory lending
Prison involvement
Privacy breaches
Pro-life
Russia
Single-use plastic
Stem cell research
Sudan
Sugar
Syria
Tar sands
Thermal coal
Tobacco
Tobacco - GICS
UK sanctions list
Undermining US elections
UN Global Compact
UN Guiding Principles
US OFAC sanctions list
Weapons

Impact trend

Change in rating for overall impact

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Company

Employees

276

Sector

Financials

Industry

Insurance

Sub-industry

Property & Casualty Insurance

SASB industry

Insurance

Headquarters

#<Country/State:0x0000ffff7834e4c8>, United States

Share classes

PRIVATE.TYPTAP

More info

https://typtap.com/

Description

Based in Florida, US, and founded in 2016, TypTap Insurance Group, Inc. is a subsidiary of HCI Group Inc. , is an insurance technology company. Paresh Patel is the chairman and CEO of the company. In March 2021, Centerbridge Partners acquired an 11. 75% minority stake in TypTap Insurance Group, Inc. from HCI Group for USD 100 million, valuing the company at USD 850 million, and in November 2021, the company filed an IPO to raise up to USD 100 million. The enterprise employs 276 employees. The firm provides property, flooding, and casualty insurance. The company Homeowners' product is reliable, easy to quote, and quick to bind. TypTap also offers a competitive alternative to the national flood insurance program with many key benefits, including the ability to customize coverage based on priorities. The organization's policies offer security, stability, and simplicity.

Material causes

Ethos considers the following causes material for TypTap Insurance, based on its industry sub-industry Property & Casualty Insurance. Learn more about material causes in our methodology overview.

Access to affordable healthcare

Ensure universal access to affordable, quality healthcare

Accountable institutions

Build accountable and inclusive institutions at all levels

Affordable, safe housing

Ensure access to affordable, safe housing and living conditions for all

Decent, safe work opportunities

Promote full and productive employment for all, in safe work environments

Disaster readiness and effective aid

Be prepared for natural disasters and provide effective aid when disasters happen

Equal pay and opportunity

Achieve equal pay and opportunity for women everywhere