HOMEE Announces Record Q3 Financial Results

TAMPA, Fla.--(BUSINESS WIRE)--
HOMEE, the leading Digital Marketplace & Claims Management platform for the Property and Casualty (P&C) insurance industry, today announced record financial results for the third quarter 2023. The Company delivered a 43% P&C Q/Q growth driven by client expansion and adoption of HOMEE’s industry leading digital claims management software solution.

“This was our best financial quarter in history across the business, demonstrating our sustained growth in the $100 Billion property claims market,” said Doug Schaedler, CEO of HOMEE. “Our software-enabled solution covers all perils and all complexities, including large loss together with broad geographies for both daily and CAT claims. I am pleased to report that we are now able to service all states and all perils by leveraging our marketplace software and highly curated service provider networks. Our proprietary software automatically matches the right claim with the right service professional and delivers an elevated policyholder experience.”

“Our highly differentiated end-to-end digital solution for carriers is delivering on what we set out to build with our large in-house product development team,” said Wes Jones, the Chief Operating Officer of the Company. “Carriers demand immediate ROI and the HOMEE solution is simple for a carrier to implement and realize immediate results. Scaling adjuster claims throughput and delivering a better experience for them, as well as the policyholder, is what drives this business. We are focused on getting policyholders’ lives back to normal as rapidly as possible.”

Brandon Donatelli, Chief Revenue Officer added, “The HOMEE marketplace software makes adjusting teams more efficient while simultaneously delivering a far better customer experience. The net effect to our carrier partners is higher policyholder retention and happier adjusters. HOMEE is backed by investment from the insurance industry leading companies; we love working collaboratively with our carrier partners solving the industry’s biggest problems.”

For more information about the HOMEE claims solution contact Brandon Donatelli, HOMEE Chief Revenue Officer at brandon.d@homee.com.

About HOMEE

HOMEE is leading the digitization of property claims. HOMEE’s pioneering marketplace matching technology connects insurers, policyholders, and skilled service providers throughout the lifecycle of a claim. The HOMEE Digital Marketplace & Claims Management platform, in combination with a highly curated marketplace of service providers, is utilized by leading firms in the insurance sector to dramatically improve the claims experience for policyholders. HOMEE is backed by more than $60 million in investment from leading insurance companies such as Liberty Mutual, State Farm, The Hartford, and Desjardins. For additional information on the HOMEE Claims platform visit www.HOMEE.com.

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Brandon Donatelli
Chief Revenue Officer, HOMEE, Inc.

855-964-6633

Email: Brandon.d@homee.com

Source: HOMEE