Exhibit 21
HCI GROUP, INC.
Subsidiaries
As of December 31, 2025, the Company had the following active subsidiaries:
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| State or Sovereign Power |
Wholly-owned subsidiaries of HCI Group, Inc. |
| of Incorporation |
Homeowners Choice Property & Casualty Insurance Company, Inc. |
| Florida |
Homeowners Choice Managers, Inc. |
| Florida |
Claddaugh Casualty Insurance Company Ltd. |
| Bermuda |
Cypress Property Management Services, Inc. |
| Florida |
Cypress Claims Services, Inc. |
| Florida |
Greenleaf Capital LLC |
| Florida |
Omega Insurance Agency, Inc. |
| Florida |
Southern Administration, Inc. |
| Florida |
Enclave Services, Inc. |
| Florida |
HCI Insurance Administration Services, Inc. |
| Florida |
TypTap Insurance Company |
| Florida |
perRisk Insurance Company |
| Arizona |
Core Risk Managers, LLC |
| Florida |
Tailrow Funding, LLC |
| Florida |
Tailrow Risk Managers, LLC |
| Florida |
Surplus Note 25, LLC |
| Florida |
Lamba Insurance Group, Inc. |
| Florida |
Fortex Reinsurance SPC, Ltd. |
| Cayman Islands |
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| State or Sovereign Power |
Majority-owned subsidiary of HCI Group, Inc. |
| of Incorporation |
Exzeo Group, Inc. |
| Florida |
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| State or Sovereign Power |
Wholly-owned subsidiaries of Exzeo Group, Inc. |
| of Incorporation |
Exzeo Insurance Services, Inc. |
| Florida |
Cypress Tech Development Company, Inc. |
| Florida |
Exzeo USA, Inc. |
| Florida |
Dark Horse Re, LLC |
| Florida |
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| State or Sovereign Power |
Wholly-owned subsidiaries of Greenleaf Capital LLC |
| of Incorporation |
Gators on the Pass Holdings, LLC |
| Florida |
John’s Pass Marina Investment Holdings, LLC |
| Florida |
JP Beach Holdings, LLC |
| Florida |
Pass Investment Holdings, LLC |
| Florida |
TI Marina Company, Inc. |
| Florida |
Treasure Island Restaurant Company, Inc. |
| Florida |
TV Investment Holdings, LLC |
| Florida |
Silver Springs Property Investments, LLC |
| Florida |
Melbourne FMA, LLC |
| Florida |
HCPCI Holdings, LLC |
| Florida |
Sorrento PBX, LLC |
| Florida |
Greenleaf Essence, LLC |
| Florida |
Century Park Holdings, LLC |
| Florida |
Gulf To Bay LM, LLC |
| Florida |
Westview Holdings, LLC |
| Florida |
Corporate Oaks Property Holdings, LLC |
| Florida |
Grove Haines City, LLC |
| Florida |
Carillon Property Holdings, LLC |
| Florida |
Coconut Palm Property Holdings, LLC |
| Florida |
Sage Property Advisors, LLC |
| Florida |
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| State or Sovereign Power |
Wholly-owned subsidiary of Melbourne FMA, LLC |
| of Incorporation |
FMKT MEL OWNER, LLC |
| Florida |
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| State or Sovereign Power |
Wholly-owned subsidiary of Greenleaf Essence, LLC |
| of Incorporation |
Green Street JV, LLC |
| Florida |
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| State or Sovereign Power |
Wholly-owned subsidiary of Green Street JV, LLC |
| of Incorporation |
Big Bend Lincoln SWC, LLC |
| Florida |
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| State or Sovereign Power |
Wholly-owned subsidiaries of HCI Insurance Administration Services, Inc. |
| of Incorporation |
Griston Claim Services, Inc. |
| Florida |
Griston Claim Management, Inc. |
| Florida |
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| State or Sovereign Power |
Wholly-owned subsidiary of Cypress Tech Development Company, Inc. |
| of Incorporation |
Exzeo Software Private Limited |
| India |