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Florida insurance marketplace HoneyQuote acquired by PE firm

A Miami Lakes startup offering an online platform for Florida homeowners to compare and buy insurance quotes has been acquired. The buyer is a Chicago-based private equity firm. HoneyQuote operates as a marketplace for homeowners insurance in the state.

Sources: bizjournals.com

“This acquisition signals growing consolidation in insurtech, as PE firms target niche regional players amid Florida’s volatile property insurance market.”
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