§IOur story
Climate risk is reshaping the world. The systems meant to protect homeowners haven’t kept up.
Premiums are rising. In coastal markets, wind coverage alone can exceed $6,000 a year, more than many homeowners’ mortgages. Coverage is shrinking. Carriers are retreating from the communities that need protection most. And the homeowners who’ve invested in building stronger, with better roofs and resilient construction, aren’t seeing that show up in what they pay in premiums.
We started Althea because we believe insurance can do more than measure risk. It can reduce it.
Doing that takes more than a new rate table. It takes showing up in the moments when homeowners are replacing their roofs, with new data systems, better underwriting models, and a modern technology platform built to make the agent’s work seamless. That’s what we’re building.
We reward the work you’ve put into making your home stronger with better coverage and lower costs. At the center of our thesis is FORTIFIED™, a construction standard tested across twenty years of hurricanes that cuts expected storm losses roughly in half, and pays back in months, not years. When the storm comes, our coverage is designed to get you home faster. Not to a claim, but to a home.
We’re launching in Alabama in fall 2026, with more coastal states to follow. We’re backed by institutional reinsurance and a team that has spent decades in catastrophe risk, reinsurance, and insurance operations.
This is the beginning. The storms aren’t getting weaker. The work isn’t getting easier. But the system can get better. That’s what we’re building.
