Hippo

Grace Hanson is to oversee the growth and improvement of Hippo’s claims organization, as well as extend the company’s use of technology and data to increase claims efficiency.

The private equity-backed retail brokers have lessons to teach the sector’s tech start-ups.

Shares in the InsurTech are up 38% since further detailing losses from Winter Storm Uri and PCS cat events last Thursday.

The firm’s stock price falls following mixed quarterly results, leaving an unclear path to profitable growth.

The recent SPAC listings of Hippo and Doma have been subject to significant outfluxes of capital.

The InsurTech’s president spoke to Inside P&C with confidence surrounding its future, despite deterioration in the stock share price and redemptions in tandem with its August 2 IPO.

In its first ever reported quarterly earnings, the InsurTech registered heavy underwriting losses citing cats and real inflation.

Incline will help advance Hippo’s underwriting capabilities by offering the latter’s homeowner’s policies through Incline’s distribution channels.

The company has tailored a product for MGA Homeowners of America with a streamlined claims process.

A vote on July 29 is expected to be less nerve-racking than once predicted, with investor appetite warming on the prospect of InsurTech SPAC mergers.

The Inside P&C Research team looks at what subsectors the new class of InsurTechs is targeting.

Hippo has announced a raft of new leadership appointments in a buildout of its top team.