Honeycomb Insurance has announced a partnership with Trisura Insurance Company to expand its admitted capacity across 18 US states.
The move supports Honeycomb’s continued growth, following a year in which it more than doubled sales while keeping loss ratios well below the industry average.
Specialising in property and casualty insurance for landlords and condominium associations, Honeycomb leverages AI and machine learning to deliver tailored coverage and competitive pricing. The addition of Trisura as a carrier partner further strengthens its ability to serve more policyholders efficiently.
Honeycomb Insurance CEO and co-founder Itai Ben Zaken said, “Trisura is a highly credible and trusted partner whose support reflects the market’s confidence in Honeycomb’s model and long-term strategy. This partnership boosts our admitted capacity and strengthens our foundation as we continue to expand into new states and serve more policyholders.”
Trisura president and CEO Michael Beasley said, “Honeycomb has strong underwriting discipline and a clear vision for long-term growth and profitability. We’re proud to support continued expansion by providing admitted capacity and partnering with a team that shares our commitment to innovation and stability in the market.”
Honeycomb’s platform uses advanced computer vision to assess property risk without the need for physical inspections, making the insurance process faster and more accessible. The company currently operates in 18 states, covering over 60% of the U.S. population and managing over $55bn in insured assets.
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