Austin, Texas-based insurance program market services firm Incline P&C Group entered a new issuing carrier relationship with Hippo Insurance Services to provide homeowners insurance coverage.
Hippo offers its homeowners insurance products in 37 states. The agreement with Incline will enable Hippo to enhance its underwriting capabilities, bringing its innovative and proactive approach to home insurance to more homeowners across the country, the companies’ announcement said.
Hippo offers a portfolio of home care services and products. The company is continuing to expand products and services in line with its commitment to innovation and vertical integration across the home space.
The agreement with Incline expands Hippo’s book of business across multiple fronting partners and substantiates the MGA portion of Hippo’s business separate from its carrier business through Spinnaker, maintaining a capital light model with sophisticated underwriting guidelines and pricing models.
Hippo’s homeowners program will be offered through Incline’s distribution channels and a separate reinsurance program will be placed.
Founded in 2015 and with over 75 years of combined industry experience, Incline P&C Group offers active program management, disciplined underwriting process, risk management, reinsurance expertise and economic alignment.
Hippo is headquartered in Palo Alto, California, with offices in Austin and Dallas.
Source: Incline P&C Group
Topics Homeowners Property Casualty
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