POPIC
- Company typePrivate
- Founded2015
- HeadquartersCosta Mesa, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
POPIC firmographics
Firmographics- Name
- POPIC
- Legal name
- Property Owners Protection Insurance Company, LLC
- Website
- https://popicllc.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
POPIC industry classification
Industry- Product category
- Specialty Insurance Program Management
- NAICS
- Agencies, Brokerages, and Other Insurance Related Activities (5242)
- SIC
- Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Public Liability (Premises/Operations) (FSAJADAD)
- akta.pro secondary industries
- Landlord / Dwelling Fire (DP) Insurance (FSAJACAD), Mid-Market Commercial Package (Package Policies) (FSAJAFAB)
Keywords
Where POPIC is headquartered
LocationHeadquarters
- HQ city
- Costa Mesa
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
POPIC business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Resident Liability Insurance Premiums: Property owners and management companies capture insurance premium revenue that would otherwise go to third-party insurance carriers. Clients profit from requiring residents to carry insurance coverage through their own structured programs rather than paying third-party providers.
- Captive Insurance Management Services: Formation and management of captive insurance companies for middle market companies with focus on real estate. Services include structuring, administration, and ongoing management of captive programs.
- Security Deposit Insurance Programs: Alternative insurance programs for security deposits for multifamily, student housing, and single family operators.
Go-to-market motion2 records
Distribution channels2 records
Marketing channels5 records
POPIC product offering
Product offeringCore offering
POPIC structures, forms, and manages specialty insurance programs for property owners, management companies, and middle-market companies, with two core service lines: Resident Liability Insurance Programs that capture insurance premium revenue previously retained by third-party carriers, and Captive Insurance arrangements that finance a broad range of liabilities including deductibles, exclusions, construction defect, product liability, supply chain, weather, cyber, EPLI, and D&O coverage.
Product overview
POPIC offers a unified platform of specialty insurance programs for property owners and managers. The core offerings consist of Resident Liability Insurance Programs, which enable property owners to capture revenue streams from mandatory tenant insurance requirements, and Captive Insurance services for structuring and financing a wide range of business liabilities. Together, these products allow clients to profit from insurance premiums rather than third-party carriers.
Differentiator
Problem solved
Functional benefit
Products and services
- Resident Liability Insurance Programs Insurance programs for multifamily, student housing, senior housing, and single-family rental properties that enable property owners and managers to capture premium revenue from mandatory tenant liability insurance requirements instead of paying third-party insurance carriers.
- Captive Insurance Captive insurance arrangements that help middle market companies structure and finance a wide range of liabilities including deductibles, exclusions, construction defect, product liability, supply chain, earthquake, wind and weather, reputational risk, credit risk, legal defense, cyber, EPLI, and D&O coverage.
- Online Policy Quoting Tool An online tool that allows insurance agents to quote POPIC resident liability and related policies directly, enabling faster customer acquisition and policy issuance for property owners and managers.
Quantifiable outcome
- Growth from 1 client with 6,500 units to over 800,000 units/beds/homes since 2015
- +2 more outcomes
Companies that use POPIC
Customer profileSegments2 records
Ideal customer profiles2 records
POPIC technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
POPIC partnerships and signals
Strategic signalScale indicators5 records
Recent moves6 records
Expansion highlights6 records
POPIC competitors and assessment
Company assessmentBroad incumbents
- Assurant: Large, publicly traded insurance provider whose AssurantConnect/renters insurance business historically partnered with property managers to deliver mandatory resident insurance programs. Overlaps with POPIC's resident liability offering through a much broader multi-line insurance portfolio.
- RealPage (Resident Insurance Solutions): Large multifamily technology provider with a resident insurance offering integrated into its property management platform. Comparable to POPIC in distributing resident liability programs to large property portfolios, but bundled into a broader SaaS ecosystem.
- Aon (Real Estate Practice): Global insurance and reinsurance broker serving commercial real estate clients with risk transfer and captive solutions. Comparable to POPIC in addressing owner-driven insurance programs but at far greater scale and breadth.
- Marsh McLennan (Real Estate Practice): Global insurance broker with a dedicated commercial real estate practice. Comparable to POPIC in serving large property owners, but as a broad incumbent with placement, risk advisory, and captive consulting capabilities across many industries.
Direct peers
- Brown & Riding Insurance Services: Specialty insurance wholesale brokerage focused on complex and non-standard risks. Comparable to POPIC in designing bespoke specialty insurance programs, though primarily a wholesale broker rather than captive program manager.
- Strategic Captive Resources: Captive insurance consultancy and management firm serving middle-market companies. Comparable to POPIC's middle-market captive formation and management services.
- Captive Resources: Independent captive management firm providing formation, administration, and consulting services across multiple captive structures. Closely comparable to POPIC's captive insurance management line of business.
- LeaseTrack: Technology platform that enables property managers to offer and manage renters/resident insurance programs. Closely comparable to POPIC's online quoting and tenant verification capabilities in the resident liability space.
- Crystal & Company: Insurance brokerage specializing in real estate and commercial property clients. Comparable to POPIC in serving property owner/manager needs across property, casualty, and specialty lines, though primarily a brokerage rather than captive program manager.
- Multifamily Insurance Partners: Insurance specialist focused exclusively on the multifamily housing sector, offering owner- and tenant-focused coverage programs. Direct overlap with POPIC's resident liability and multifamily owner program focus.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
POPIC social profiles
Digital presencePOPIC financial estimates
Financial estimateRevenue estimate
Valuation estimate
POPIC leadership team
Management profileNumber of profiles
Profiles3 records
POPIC funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
POPIC M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about POPIC
What does POPIC do?
POPIC structures, forms, and manages specialty insurance programs for property owners, management companies, and middle-market companies, with two core service lines: Resident Liability Insurance Programs that capture insurance premium revenue previously retained by third-party carriers, and Captive Insurance arrangements that finance a broad range of liabilities including deductibles, exclusions, construction defect, product liability, supply chain, weather, cyber, EPLI, and D&O coverage.
Is POPIC a public or private company?
POPIC is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was POPIC founded?
POPIC was founded in 2015. It employs 11 to 50 people.
Where is POPIC based?
POPIC is headquartered in Costa Mesa, United States, in the North America region.
How does POPIC make money?
Three revenue lines are on record. Resident Liability Insurance Premiums are the primary driver. The others are captive Insurance Management Services and security Deposit Insurance Programs.
Who are POPIC's main competitors?
Broad incumbents on record are Assurant, RealPage (Resident Insurance Solutions), Aon (Real Estate Practice) and Marsh McLennan (Real Estate Practice). Direct peers are Brown & Riding Insurance Services, Strategic Captive Resources, Captive Resources, LeaseTrack, Crystal & Company and Multifamily Insurance Partners.
Does POPIC have an API?
No public API is recorded for POPIC.
What industry is POPIC in?
POPIC's product category is Specialty Insurance Program Management. Its primary akta.pro industry code is FSAJADAD, Public Liability (Premises/Operations), with a secondary code of FSAJACAD, Landlord / Dwelling Fire (DP) Insurance. Its NAICS code is 5242 and its SIC code is 6411.