# Lilypad Insurance

> Coastal property insurance for underserved markets

## At a glance

| Field | Value |
| --- | --- |
| Type | Carrier |
| Region | NA |
| Headquarters | Sarasota, Florida, USA |
| Founded | 2024 |
| Stage | Growth |
| Employees | 51-200 |

## Overview

Lilypad Insurance is a direct-to-consumer and agent-distributed coastal property carrier founded in 2024 and headquartered in Sarasota, Florida. The company writes homeowners and dwelling fire insurance for residential properties in hurricane-prone coastal markets across nine US states: Florida, Texas, Louisiana, Hawaii, Mississippi, Alabama, South Carolina, North Carolina, and Oklahoma. It operates through two licensed entities -- Lilypad National Insurance Company and Centauri Specialty Insurance Company, which was acquired in September 2024 along with Centauri National Insurance Company.

On the technology side, Lilypad runs BriteCore as its core policy administration platform, enabling in-house system configuration, third-party integrations, and rapid geographic expansion. In early 2026, the company integrated ZestyAI roof analytics (Roof Age and Z-PROPERTY) into its coastal homeowners and dwelling fire underwriting workflow. Lilypad appointed a Chief Innovation Officer in May 2026 to lead AI and ML strategy across underwriting, distribution, and product development.

Lilypad is backed by Arbol Inc. (a venture-backed portfolio company) and secured a USD 30M reinsurance facility via Koi Re Series 2025-1 in January 2025. The company is privately held with no public AM Best rating disclosed in available sources.

## Links

- Website: <https://www.lilypadins.com>
- Directory profile: <https://insurtechlist.com/companies/lilypad-insurance/>
- Linkedin: <https://www.linkedin.com/company/lilypadinsurance>

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*Last updated: 2026\-06\-15*