Homesite Group

Homesite Group

About Homesite Group

Simplify's Rating
Why Homesite Group is rated
C
Rated D+ on Competitive Edge
Rated B on Growth Potential
Rated C on Rating Differentiation

Industries

Financial Services

Company Size

1,001-5,000

Company Stage

N/A

Total Funding

N/A

Headquarters

Boston, Massachusetts

Founded

1997

Overview

Simplify Jobs

Simplify's Take

What believers are saying

  • AI adoption in underwriting improves Homesite's risk assessment and operational efficiency.
  • Embedded insurance trend boosts Homesite's growth through partnerships with platforms like Zillow.
  • Personalized insurance products offer Homesite opportunities to meet specific customer needs.

What critics are saying

  • Increased competition from tech-savvy insurtech companies like Lemonade.
  • Dependency on Zillow's platform may affect Homesite's market strategy and costs.
  • General Motors' entry into insurance introduces a competitor with strong brand recognition.

What makes Homesite Group unique

  • Homesite partners with insurtech Lemonade, enhancing its tech-driven insurance solutions.
  • Collaboration with Zillow allows Homesite to leverage embedded insurance opportunities.
  • Homesite's focus on personalized insurance products sets it apart in the market.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Company Match

Paid Vacation

Paid Holidays

Student Loan Assistance

Parental Leave

Company News

Coverage
Jun 14th, 2024
Insurtech Lemonade Partners With Homesite

According to its website,. Lemonade <i class="fa fa-info-circle company-popover" data-content="h3Lemonade/h3. div

Coverage
Jun 14th, 2024
Insurtech Lemonade partners with Homesite

Insurtech Lemonade partners with Homesite.

PR Newswire
Feb 5th, 2024
American Family Insurance Dreambank Unveils Free Video Series For Aspiring Entrepreneurs Featuring Kathy Ireland

MADISON, Wis., Feb. 5, 2024 /PRNewswire/ -- American Family Insurance DreamBank announces a new collaboration with renowned supermodel turned entrepreneur Kathy Ireland, an innovative video series empowering aspiring and new entrepreneurs. The partnership exemplifies American Family Insurance's commitment to inspiring, building, and protecting dreams across America. Image Courtesy of Jon Carrasco. The five-part video series titled "Brand Building for Small Businesses," features five episodes, each 10-12 minutes long. The content guides entrepreneurs through key aspects of establishing a strong brand, including defining a company's mission and vision, connecting with a target audience, developing a strong identity, building awareness, and exploring innovation.Ireland, an American Family Insurance ambassador since 2011 and its longest serving ambassador, is committed to the company's mission to inspire, protect and restore dreams

Insurance Journal
Jan 4th, 2024
American Family's Florida Unit Gets $1.25B in Funding, Plans to Go National

Michael Lorion, formerly chief financial officer at Homesite, was named CEO of TRUE in 2020 and remains president of the firm.

Coverage
Sep 7th, 2023
Renters Can Now Purchase Renters Insurance On Zillow

After we covered the partnership between . Zillow <i class="fa fa-info-circle company-popover" data-content="h3Zillow/h3. div

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