Matic | Latest News & Updates - Nov 20, 2024 Release

Matic released a year-end report on November 20 highlighting that while premium growth is stabilizing, severe weather unpredictability and rising premiums continue to challenge the home insurance and mortgage industries...


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Matic

🌎 matic.com

Matic is a leading digital insurance marketplace founded in 2014, specializing in home and auto insurance. The company integrates insurance into the home and auto ownership experience, offering a platform to compare quotes from over 40 A-rated carriers. Matic aims to provide an unbiased approach to insurance, combining a powerful digital experience with the support of licensed advisors.


Matic - Latest News and Updates

  • Matic released a year-end report on November 20 highlighting that while premium growth is stabilizing, severe weather unpredictability and rising premiums continue to challenge the home insurance and mortgage industries.
  • On November 20, 2024, Matic released its annual report highlighting trends in the home insurance market, noting improvements due to slowing inflation and approved rate increases, while also addressing challenges with high premiums and mortgage lender integration.
  • Matic's CEO Ben Madick announced that the home insurance market is stabilizing with a 6.6% average rate increase in the second half of 2024, as inflation slows and carriers receive rate increase approvals.
  • On November 20, 2024, Matic released its annual trends report showing the home insurance market is stabilizing with a 6.6% average rate increase in the second half of 2024, as inflation slows and carriers receive rate increase approvals.
  • Matic released a report highlighting the impact of climate change, availability, and costs on the home insurance industry.
  • Matic was named a Best Place to Work in Columbus by Columbus Business First for the sixth time, ranking #6 in the large company category, and also won a Spirit Award for their rendition of 'Semi-Charmed Life.'
  • Matic powers NAF Insurance to simplify home insurance shopping by offering a complimentary service for finding the best rates quickly.
  • A former senior director of business development at Matic has a professional background in leading mortgage and insurance technology companies.

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