Honeycomb Insurance
Digital insurance platform for commercial landlords and condo associations.
Company facts
- Founded
- 2019
- Employees
- 191
- Headquarters
- United States
- CEO
- Itai Ben-Zaken
- Type
- Private
- Funding
- Series B · $36M · 2024
About
Honeycomb Insurance is redefining real estate insurance through state-of-the-art technology that streamlines the insurance process for property managers, condominium associations, and property developers. The company focuses on providing better insurance coverage at a fraction of the time and cost typically associated with real estate insurance. Rated 'Excellent' by AM Best for financial strength, Honeycomb Insurance prides itself on offering clarity and transparency in an industry often viewed as complex and opaque. The company provides a fully digital platform that allows property owners to receive instant quotes, access policy forms, and manage their coverage 24/7—eliminating the need for cumbersome paperwork and in-person assessments. Utilizing AI and machine learning, Honeycomb delivers customizable coverage tailored specifically to the needs of its clients, ensuring they only pay for what they need and making the entire process more efficient. With an emphasis on affordability, Honeycomb promises up to 40% savings compared to traditional insurance models, making it a compelling option for property managers and owners alike.