Hippo: A SPACtacular play or sign of an impending glut in the InsurTech space?
Yesterday, home insurance InsurTech Hippo announced that it was merging with a special-purpose acquisition company (SPAC) to go public.
Hippo will be going public through a merger with Reinvent Technology Partners Z (RTPZ). This was anticipated by the market based on news reports over the past several weeks.
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