The Work Index by Flexa

Palomar

Palomar is a specialty insurance company focused on serving residential and commercial customers with coverage for earthquakes, hurricanes, floods, and other natural disasters.

https://plmr.com/
5.5

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Description

Palomar is a specialty insurance company that focuses on providing coverage for residential and commercial customers facing risks from earthquakes, hurricanes, floods, and other natural disasters. They are known for their innovative approach to insurance, leveraging proprietary data analytics, advanced technology, and industry expertise to offer tailored pricing and comprehensive protection. Palomar is committed to sustainability and social responsibility, implementing initiatives to reduce their carbon footprint and promote diversity and inclusion within their organization.

Palomar was founded in 2014 by a group of experienced insurance veterans who recognized the need for specialized coverage in underserved markets. Their focus on providing peace of mind and protection to individuals and businesses impacted by adversity has driven their growth and success. Palomar is publicly traded on the Nasdaq Stock Exchange (NASDAQ: PLMR) and has an “A (Excellent)” financial strength rating from AM Best Company. They are committed to building solutions that expand their positive impact on the people, businesses, and communities they serve.

Flexibility

Palomar offers a hybrid work environment, enabling employees to work remotely. This flexibility allows team members to balance their changing needs while also contributing to the company's commitment to reducing its carbon footprint.

Mission

Palomar is a specialty insurance company focused on providing individuals and businesses with comprehensive insurance protection for earthquakes, hurricanes, floods, and other perils. Built on a culture of agility, innovation, and problem-solving, Palomar aims to deliver peace of mind and protection to those impacted by adversity. Their mission is to build solutions that expand their positive impact on the people, businesses, and communities they serve.

Data-driven
Disruptor
Environmental impact driven
Social impact led
Sustainability
Tech for good

Culture

Palomar cultivates a culture that values agility, innovation, and problem-solving, while emphasizing transparency, trust, and respect in its relationships with both employees and partners. They are committed to diversity and inclusion, recognizing the value of diverse perspectives and promoting equality in all aspects of the organization. This commitment extends beyond their internal environment, as Palomar actively seeks to create positive impact on the people, businesses, and communities they serve.

Agile and dynamic
Collaborative
Entrepreneurial
Fast-paced
People-first
Progressive

DE&I

Palomar embraces Diversity, Inclusion, Community Engagement and Equality (D.I.C.E.) in all aspects of its operations. They have built a culture that celebrates the diversity of their workforce and integrates equality and inclusion practices into every aspect of their business. This commitment to D.I.C.E. is reflected in their robust environmental, social, governance, diversity, and inclusion initiatives, demonstrating their dedication to creating a positive impact both within their company and in the world.

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