# Sola Insurance > Vertically integrated parametric property insurance carrier with automated claims ## At a glance | Field | Value | | --- | --- | | Type | Carrier | | Region | NA | | Headquarters | Atlanta, Georgia | | Founded | 2020 | | Employees | 11-50 | ## Overview Sola Insurance is a direct-to-consumer property insurance carrier licensed and headquartered in Atlanta, Georgia, specializing in parametric wind, hail, and tornado coverage. Founded in 2020, the company operates as a vertically integrated insurer — controlling policy forms, risk modeling, claims processing, and internal tools without reliance on third-party providers. Claims are automatically triggered by objective weather data (wind speeds, hail sizes) rather than traditional claims assessment, enabling rapid payment decisions within days. Sola operates as a Lloyd's of London coverholder, distributing policies through a network of 10,000+ independent agent partners via its dedicated agent portal at agents.solainsurance.com. Sola differentiates itself through parametric claims automation and supplemental insurance design. Products are structured to pay without requiring a primary homeowner claim to be filed first, addressing coverage gaps in wind/hail deductibles, roof depreciation (ACV coverage), and standalone supplemental protection. Claims filed with Sola have no negative CLUE (Comprehensive Loss Underwriting Exchange) impact, simplifying future renewals. The company's technical infrastructure uses weather data APIs and automated triggers for claims processing, allowing it to operate lean while serving storm-prone regions. Sola has achieved rapid growth since inception, reaching 7x revenue increase between its seed and Series A funding rounds. The company raised USD 11.7M total (USD 3.7M seed in December 2024, USD 8M Series A in August 2025) led by FINTOP Capital, with participation from 10vc, Georgia Tech, Overline, and Karuna VC. The Series A fundraising signals validation from institutional investors and a prominent venture firm with insurance industry depth. ## Products & services ### Wind & Hail Deductible Coverage Standalone insurance covering high or percentage-based deductibles after wind and hail storms. Designed to supplement existing homeowner policies without requiring a primary homeowner claim. ### ACV Roof Depreciation Coverage Covers actual cash value (ACV) depreciation on roofs when primary carriers only reimburse depreciated value. Pays for full roof replacement to address the gap between actual cash value and replacement cost. ### Standalone Supplemental Insurance Policies that pay out independently of primary insurance claims, with payouts triggered automatically by weather data rather than claims assessment. Processing typically completes within days. ## Links - Website: - Directory profile: - Blog: - Careers: - Linkedin: - Agent portal: --- *Last updated: 2026\-06\-17*