Investor Presentation Q4 2024

Highlights

A holding company that operates two distinct operating units, with each unit have defined management teams and operational objectives.

Combining technology and industry knowledge to drive

profitable growth

Allocating capital with purpose and discipline while managing risk

Creating long-term value for our shareholders

2006 founded

31%

TRAILING

12-MONTHS ROE1

15%

TEN-YEAR ROE1

18%

INSIDER OWNERSHIP

inception2

HCI's Operating Divisions

Insurance Companies

• HCI currently owns or controls four insurance companies.
• Insurance companies control over $1.2 billion of premium- in-force.
• Historical track record of profitable underwriting.

Claims Operations

• Handles all daily claims and catastrophe claims for the four insurance companies owned or controlled by HCI.
• Team of over 150 individuals.

Reinsurance

• Class 3 captive Bermuda reinsurer.
• Opportunistically participates on reinsurance towers for the four insurance companies owned or controlled by HCI.

Real Estate

• Owns and operates HCI's real estate portfolio.
• Portfolio consists of multiple properties that HCI operates for investment purposes as well as for internal operations.

Launched in 2007

Homeowners and

condominium owners

insurance primarily in Florida

Historically has acquired

customers through Citizens

assumptions and opportunistic

acquisitions

Track record of consistent underwriting profitability

Strong cash flow helps to fund

growth initiatives

$646M of In-Force

Premiums(1)

1. As of 12/31/2024.
2. As of February 18, 2025

Launched in 2016

Technology-driven

homeowners insurance

Utilizes independent agent

channel

Currently active in 13 states,

including Florida

Differentiated technology

yields best-in-class

loss ratio

$513M of In-Force

Premiums(1)

8

Premium in Force (in $M)1

$1,226

$995

$719 $737

$528

$353 $338$369

2017 2018 2019 2020 2021 2022 2023 2024

(1) Includes Homeowners Choice, TypTap, and CORE in-force premium

Geographic Footprint

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