Hippo News
Hippo Cuts Staff 10 Percent; 70 Jobs Eliminated
As part of an "organizational realignment," Hippo Holdings Inc. said that it is eliminating roughly 70 jobs from the company, amounting to about 10 percent reduction of the InsurTech's overall ...
Hippo Sets Sights on Improved Gross Loss Ratio, Geographic Expansion for 2022
Hippo, a home insurance group focused on home protection, knows that good things take time, especially in insurance, according to President Rick McCathron. "The thing about insurance is that once you ...
InsurTech in the Public Markets: Lessons From the Rush That Put Them in Hot Water
For the last eight years, InsurTech has had an incredible run. Capital has poured into privately-held companies tackling opportunities across the industry. Every quarter seemed to attract more and ...
Regulators Can Learn AI; New InsurTech Groups Will Help
It was the mid-1990s. Karen Clark's Applied Insurance Research and Hemant Shah's Risk Management Software were InsurTechs in their early stages of development—before the term for insurance ...
Tech Bytes: New Partnerships at Blink Parametric, Duck Creek, SageSure and Hippo
InsurTech company Blink Parametric announced its partnership with AwayCare, a managing general agent (MGA) and provider of travel insurance products in Canada. The coverage will be underwritten by ...
In 2022, Innovation Will Prevail
If the past two years have taught us anything, it's that agility and flexibility have been critical to reshaping how insurers step up for their customers to deliver support and satisfaction. As a ...
Is InsurTech Hype or Not?
Although more than 6,000 people attended this year's InsureTech Connect conference in Las Vegas, three words uttered by one well-known attendee got the most attention from readers of Carrier ...
Hippo Lost Less Money in Q3, Boosted Premiums and Continued Diversifying Distribution Options
Digital home insurer Hippo reduced net losses during the 2021 third quarter and boosted premiums substantially. The California-based InsurTech said it also made progress with its "omni-channel ...