Hippo to axe 10% of staff as InsurTech challenges persist
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Hippo to axe 10% of staff as InsurTech challenges persist

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Hippo has announced plans to cut around 10% of its workforce in a bid to improve efficiency at the company amid challenging market conditions for InsurTechs.

The company said in a filing that it would terminate the employment of around 70 employees, with those most impacted to be notified by the end of today and their eliminations effective from tomorrow.

The

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