Hippo Holdings Inc.
New York Stock ExchangeCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Richard Lyn McCathron
- Full Time Employees
- 540
- Sector
- Financial Services
- Industry
- Insurance - Property & Casualty
- Address
- One Almaden Blvd. San Jose CA United States of America 95113
- IPO Date
- Jan 11, 2021
- CIK
- 0001828105
- Website
- hippo.com
- Similar Companies
- Business
- Hippo Holdings Inc. Hippo Holdings Inc. (NYSE: HIPO) operates as a technology-driven property and casualty insurance holding company that provides homeowners, condo, renters, flood, earthquake, and related personal lines insurance products to individuals and businesses primarily across the United States; its offerings emphasize proactive risk mitigation through AI-powered underwriting, smart home device integration for leak detection and alerts, digital claims processing, and bundled services such as home health check-ups and care advice, distributed directly via its online platform, mobile app, and agency networks including First Connect. The company conducts operations through three main segments—Services (encompassing consumer agency sales of Hippo Home Insurance Program policies and third-party carriers), Insurance-as-a-Service (white-label technology platform for partners like homebuilders and lenders), and Hippo Home Insurance Program (core admitted insurance underwriting via subsidiary Spinnaker Insurance Company)—targeting single-family homeowners, condo owners, renters, and commercial clients in select states with a focus on tech-enabled prevention to reduce claims. Founded in 2015 and headquartered in Palo Alto, California, Hippo Holdings Inc. serves customers nationwide, leveraging a proprietary data analytics platform to assess property risks and deliver competitive rates from its network of over 70 A-rated carriers. Recent strategic developments include a June 2025 agreement to divest its homebuilder distribution network to The Baldwin Group's Westwood Agency LLC, enabling focus on core underwriting and risk selection while accelerating new home insurance growth through partner channels; this transaction, expected to close around July 1, 2025, involves assets generating approximately $29.2 million in trailing 12-month revenue. In Q3 2025, the company reported robust growth with Total Generated Premium up 24% year-over-year to $306 million and revenue surging amid industry challenges, alongside ongoing refinements to catastrophe exposure management and profitability initiatives launched in 2022-2024 such as rate increases and underwriting discipline. Earlier milestones encompass the 2021 public listing via SPAC merger with Reinvent Technology Partners, the 2020 acquisition of Spinnaker Insurance for in-house underwriting control, and the 2021 purchase of First Connect to expand agency distribution.
Company News
Hippo's AI-Powered Claims Model Delivers Strong Customer Satisfaction Results as its Homeowners Business Grows
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Hippo to Expand Homeowners Insurance Footprint in Next Phase of Profitable Growth
Wall Street Analysts Believe Hippo Holdings (HIPO) Could Rally 25.89%: Here's is How to Trade
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Hippo Holdings Inc. (HIPO) Q2 2026 Earnings Call Transcript
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Hippo Reports Second Quarter 2026 Financial Results
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Hippo Rolls Out Claude and Other AI Tools Company-Wide, With 90% Employee Adoption in First Month
Why Hippo Holdings (HIPO) is Poised to Beat Earnings Estimates Again
Hippo to Report Second Quarter Financial Results on July 30, 2026
Hippo Holdings Announces Enhanced Partnership with Accelerant to Expand Access to the Specialty Insurance Market
Hippo Deploys Devin, Cognition's AI Software Engineer, to Drive Faster Software Development Across the Insurance Lifecycle
Hippo Holdings Completes Successful 2026 Reinsurance Renewals
Hippo Holdings Promotes Laura Boettcher to Chief Operating Officer
Hippo Closes $100M Mountain Re Cat Bond, Expanding Multi-Peril Coverage to Include Wildfire