Vault grows revenue by 70% in 2020, tops $100mn premium
High-net-worth start-up Vault grew revenues by 70% in 2020 and passed $100mn in written premiums in its third year of operation, as it completed its sale to investment firms Hudson Structure Capital Management and Cornell Capital.
The Florida-based personal lines specialist also disclosed that it had diversified its book in 2020, expanding into 18 additional states, and revealed its intention to launch in 12 more states in 2021.
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