Latest Hippo Headlines
All the headlines from our Hippo Topic Page, ordered by recency.
Homeowner Insurtech Hippo to Go Public Today as Real Estate Market Remains Hot
Aug 3 2021 // Hippo Enterprises Inc. wants to change homeowners’ insurance by using customer data to make it faster and easier to get coverage, Hippo’s chief executive said in an interview. The company, which has a $5...
Hippo Enters Commercial Insurance Market With Homeowners Association Product
Jul 23 2021 // Home insurtech Hippo is jumping into the commercial insurance market. The California-based managing general agency startup said its expansion will focus on “targeted commercial insurance” customers. Its first...
Extreme Weather, Repair Woes to Push Property Insurance Higher: Hippo CEO
Jun 23 2021 // Extreme weather events and shortage of labor and materials for repairs will push property insurance rates higher in the next several years, the chief executive of U.S. home insurer Hippo said on Tuesday. As homeowners...
People Moves: Hippo Adds Executives from Chubb, AIG, Tower Hill, Weston; Hub Names Rutt to Lead Cannabis
Jun 3 2021 // Hippo Names Executives Bienek, Primerano, Stienstra, Donahue Home insurer Hippo announced four executive appointments to its insurance team as it prepares to go public. Tim Bienek, Hippo’s chief insurance strategy...
Metromile, Hippo Begin Offering Bundled Auto, Home Coverages in 8 States
May 19 2021 // Metromile and Hippo Insurance are partnering to offer home and auto insurance in a discounted bundled product. Drivers and homeowners will be able to purchase pay-per-mile auto insurance from Metromile and homeowners...
People Moves: Hippo in California Adds Numerous Technology Leaders
May 7 2021 // Hippo in Palo Alto, Calif. has added new leadership to its technology team led by Chief Technology Officer Ran Harpaz. The newly appointed technology leaders will be responsible for expanding and enhancing the delivery of...
People Moves: Chubb Appoints Execs in Construction, A&H; Hippo Adds to Legal & Compliance; Alleyne Named Chief Legal Officer at Munich Re US
Apr 16 2021 // Chubb has appointed Lyndsey Christofer as executive vice president, Construction Industry Practice Leader for its large account segment. In this capacity, she will oversee a team of construction underwriting and service...
Insurance Technology: InsurTech NY Winners; $3M in GloveBox; Hippo’s Claims Partners; AXIS-Elpha Cyber Service
Mar 22 2021 // The Winners Are InsurTech NY announced the winners of its 2021 Early-Stage InsurTech Competition at the InsurTech Spring Conference on March 10. The winners received prizes worth $200K in total. Winners were selected by...
Home Insurance Agency Hippo to Go Public in $5B SPAC
Mar 4 2021 // Hippo Enterprises said it will go public through a merger with a blank-check firm, backed by Silicon Valley heavyweights Reid Hoffman and Mark Pincus, in a deal that gives the merged entity a pro forma enterprise value of...
Insurance Technology: Hippo, Vertafore, Monte Carlo, Marble, Coterie, Buckle and More
Feb 25 2021 // Home insurer Hippo is partnering with ADT to add smart home services and discounts for home insurance customers. Hippo customers in select states who enroll in its smart home program will be offered free installation of an...
Insurtech Hippo in Talks to Go Public via Merger With SPAC: Bloomberg
Feb 7 2021 // Hippo, an insurance technology startup, is in talks to go public through a merger with a special purpose acquisition company, according to people with knowledge of the matter. The transaction with Reinvent Technology...
Hippo Gets $350M Investment, Reinsurance Treaty From Mitsui Sumitomo
Nov 25 2020 // Hippo Enterprises, an MGA insurtech focused on homeowners insurance, secured a $350 million capital investment designed to help fuel further growth. A related reinsurance agreement is also part of the deal. Mitsui Sumitomo...
Hippo in California Adds Wijnberg to Board as Independent Director
Nov 4 2020 // Palo Alto, Calif.-based insurtech Hippo has named Sandra Wijnberg to its board as an independent director. Wijnberg has experience in insurance, private equity and board governance. She currently serves as audit committee...
Home Insurtech MGA Hippo, Topa Insurance End Their 3-Year Partnership
Sep 23 2020 // Property/casualty insurer Topa Insurance Co. and Hippo Enterprises, a technology-driven managing general agency offering homeowners insurance, announced their mutual decision to end their three-year partnership. The move...
Business Moves
Sep 21 2020 // National Carlyle, Alera Group New York-based investment firm The Carlyle Group led a $150 million investment for Deerfield, Ill.-based Alera Group, the property and casualty, employee benefits insurance broker that is a...
Home Insurance MGA Hippo Completes Acquisition of Spinnaker Insurance Co.
Sep 1 2020 // Hippo, an insurtech managing general agent focused on home insurance, has completed its acquisition of Spinnaker Insurance Co., with an expansion into additional states next on its plate. The deal, first announced in June,...
Insurtech Fundraising Rises in Q2 with $1.6 Billion Invested
Jul 28 2020 // Following the COVID-19-induced slowdown in global insurtech investment during the first months of 2020, insurtech firms raised $1.56 billion during the second quarter. The total, up 71% over Q1, was driven in part by...
Home Insurance Insurtech Hippo Raises $150M as It Readies for IPO in 2021
Jul 21 2020 // Hippo Enterprises Inc., hot on the heels of rival home insurance technology business Lemonade Inc. going public, has closed a $150 million financing round. The Palo Alto, California-based startup is valued in the...
Insurtech MGA Hippo to Buy Its Carrier Partner Spinnaker Insurance
Jun 5 2020 // Home insurance insurtech agency Hippo plans to acquire New Jersey-based Spinnaker Insurance Co., an insurer with which it has has had a three-year partnership. The deal, first reported by Carrier Management, is designed to...
Home Insurance Insurtech Hippo Buys Home Services Startup Sheltr
Nov 25 2019 // Digital home insurance managing general agency Hippo Insurance has acquired an early-stage startup in a bid to beef up its digital home insurance services for clients, Carrier Management reported. The insurtech said it...
