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Paresh Patel
Portland, Oregon,United States
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Find Paresh Patel's PhoneWho Is Paresh Patel?
Paresh Patel is the Chairman of the Board and Chief Executive Officer of HCI Group, Inc., a diversified holding company. He co-founded the company (originally Homeowners Choice, Inc.) in 2006 and has been instrumental in its significant growth and strategic diversification. HCI Group primarily operates in property and casualty insurance (through its subsidiary TypTap Insurance Company), reinsurance, real estate, and information technology services (through subsidiaries like Exzeo). Patel's leadership emphasizes innovation, particularly in leveraging technology to modernize the insurance industry. He has a background in software development, e-commerce, and investment management prior to co-founding HCI, which has informed his technology-forward approach to business.
How Did Paresh Patel's Career Path Shape Their Journey?
Paresh Patel's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:
What Are Paresh Patel's Key Achievements?
Co-founded HCI Group, Inc.
Co-founded HCI Group (initially Homeowners Choice, Inc.) in 2006 and successfully navigated its growth into a publicly traded company (NYSE: HCI) with diverse operations.
Led Expansion and Diversification of HCI
Spearheaded the diversification of HCI Group beyond Florida-based homeowners insurance into technology-driven insurance (TypTap), software development (Exzeo), and real estate, expanding its geographical footprint and market segments.
Pioneered Insurtech with TypTap
Championed the development and launch of TypTap Insurance, an innovative technology-driven insurance platform that leverages data analytics and AI for underwriting and claims processing, significantly modernizing the customer experience.
Successful Capital Management and Growth
Effectively managed capital to fuel organic growth and strategic acquisitions, consistently delivering value to shareholders and expanding the company's market presence.
What's Paresh Patel's Educational Background?
MBA, Entrepreneurship, Marketing
UW Foster School of Business - Year 1997
PhD, Organization and Management
Capella University - Year 2001
BS, General Management, Human Resource Management
Portland State University - Year 1992
Buying Intent Signals for Paresh Patel
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Company Overview
PayRangePayRange is a mobile payment solution that enables users to pay for everyday machines such as vending machines, laundry machines, and amusement games using their smartphones. It aims to simplify transactions by eliminating the need for coins or cards, offering a convenient and seamless payment experience for consumers and providing machine operators with tools for remote monitoring and management.
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