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Honeycomb Insurance Opens New Headquarters in Chicago to Support Rapid Growth
Honeycomb Insurance Chicago HQ officially opens as the company continues to scale its operations. This strategic move reflects Honeycomb’s rapid growth in the insurtech sector and its commitment to establishing a stronger presence in one of the U.S.’s major insurance hubs.
Backed by significant funding from Zeev Ventures (the early investor in Navan and Next Insurance), Honeycomb has become a go-to solution for landlords, condo associations, and multifamily property owners. Its platform powers real-time, accurate risk underwriting while supporting rather than replacing brokers, and operates across 18 states. To date, the company has insured over $55 billion in assets and more than doubled its revenue year over year.
The new office includes 10 private offices and 10 conference, huddle, and call rooms, with the capacity to double the company’s local presence. Honeycomb plans to hire approximately 50 new employees company-wide in the coming year to support continued expansion.
“Honeycomb is proud to call the Chicago Board of Trade our new home base,” said Itai Ben-Zaken, CEO and co-founder of Honeycomb. “The city’s incredible talent pool makes it the perfect place to build the future of real estate insurance.”
By launching the new Honeycomb Insurance Chicago HQ, the company reinforces its dedication to national growth, innovation, and strengthening its insurtech presence in key markets.
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