Provider of specialty property insurance products for individuals and businesses, focusing on catastrophe-exposed markets.
Palomar Holdings, Inc. operates as a prominent insurance holding company specializing in providing specialty property insurance solutions to both residential and commercial customers. Founded in 2013 and based in La Jolla, California, Palomar offers a diverse array of insurance products tailored to meet specific needs in the property insurance market. Its offerings include residential and commercial earthquake insurance, commercial all-risk coverage, specialty homeowners insurance, inland marine insurance, Hawaii hurricane coverage, and residential flood insurance, among others.
The company distinguishes itself through its strategic distribution channels, leveraging relationships with retail agents, wholesale brokers, program administrators, and carrier partnerships to effectively market and distribute its insurance products. Palomar's comprehensive suite of insurance solutions also encompasses assumed reinsurance, commercial flood insurance, real estate errors and omissions insurance, and products aimed at real estate investors.
Palomar Holdings, Inc. continues to expand its footprint in the insurance industry by focusing on innovation, customer service excellence, and risk management expertise. With its commitment to providing reliable and responsive insurance coverage, Palomar plays a crucial role in safeguarding properties and mitigating risks for its diverse clientele across residential and commercial sectors.