Hippo Holdings

Hippo Holdings, Inc. operates as an insurance company. The Company offers home insurance services.

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Hippo Holdings reports Q4 loss but eyes profitability by 2024

Hippo Holdings showcased strong financial performance in Q4 2022, with a focus on customer experience, revenue growth, and operational efficiency. The company's strategic approach to growth, underwriting improvements, and technology integration position them well for future profitability and continued expansion.

Hippo Holdings reports Q1 growth, eyes profitability by 2024

Hippo Holdings (HIPO) had a strong start in Q1 2023, with a focus on improving loss ratios and operational efficiency. Despite challenges from weather-related losses, the company is optimistic about achieving profitability goals by 2024. Strategic partnerships with insurtech startups present growth opportunities in the Insurance as a Service segment.

Hippo Holdings addresses challenges, focuses on reducing catastrophic risks

Hippo Holdings showcased strong performance in Services and Insurance-as-a-Service segments but faced challenges in the Home Insurance Program segment.
Actions were taken to mitigate catastrophic risks, improve underwriting profitability, and address losses from severe weather events.
The company's focus on reducing exposure to catastrophic events and attracting carriers through proactive measures positions it for future growth.
Financial results were impacted by catastrophic losses, leading to rate hikes, policy changes, and a pause in stock buybacks.

Hippo Holdings achieves record Q3 performance, eyes accelerated profitability

Hippo Holdings excelled in Q3 2023, showcasing robust financial performance and operational improvements across key segments.
While challenges like confirming reserve impacts exist, the company's strategic initiatives and growth prospects position it for continued success.
Opportunities in cost reduction, revenue growth, and market expansion underscore Hippo's potential for long-term value creation and profitability.
Overall, Hippo's Q3 performance reflects a positive trajectory towards profitability and market leadership in the insurance industry.

Hippo Holdings doubles premiums and revenue, eyes strong 2024 growth

Hippo Holdings demonstrates strong growth trajectory with doubled premiums and revenue. Strategic actions to mitigate losses and focus on third-party carriers position the company for future success. Challenges in Services segment being addressed with plans for growth in 2024.

Hippo Holdings reports robust Q1 growth and positive cash flow

Hippo Holdings delivered strong financial performance in Q1 2024, marked by accelerated growth, improved loss ratios, and positive free cash flow.
While facing challenges in optimizing expenses and managing catastrophe losses, the company's strategic focus on growth and risk management bodes well for its future.
By capitalizing on opportunities to enhance operational efficiency and drive revenue growth, Hippo is well-positioned to sustain its positive momentum and deliver value to investors.

Hippo Holdings reports improved Q3 performance and growth opportunities

Hippo Holdings demonstrated strong financial performance and operational efficiency in Q3 2024, with improvements in net loss, adjusted EBITDA, and cash position.
The company's strategic initiatives, including expanding homebuilder access and divesting non-core assets, have strengthened its market position and financial flexibility.
While facing challenges in achieving sustained profitability and navigating industry competition, Hippo Holdings is well-positioned to capitalize on growth opportunities and deliver value to shareholders.

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Hippo Holdings, Inc. is a home protection company which provides a new standard of care and protection for homeowners. It makes homes safer and better protected so customers spend less time worrying about the burdens of homeownership and more time enjoying their homes. The company harnesses real-time data, smart home technology, and a growing suite of home services to create an integrated home protection platform. It was founded by Assaf Wand on January 10, 2015 and is headquartered in Palo Alto, CA.

PALO ALTO, Calif.--(BUSINESS WIRE)--First Connect Insurance Services, a digital platform designed to provide independent agents with access to the nation's top carriers, announced today the addition of Cowbell Cyber, the leading provider of cyber insurance for small and medium-sized enterprises (SMEs). Cowbell Cyber offers stand-alone coverage to enterprise customers for security breach expenses, extortion threats, the replacement or restoration of data, loss of business income, security breach

First Connect Adds Cowbell Cyber Prime 100 to Insurtech Marketplace

PALO ALTO, Calif.--(BUSINESS WIRE)--Hippo Holdings Inc. (NYSE: HIPO), the home insurance group focused on proactive home protection, will hold an Investor Day on September 6, 2022, beginning at 9am EDT, in New York City as an in-person event. CEO and President Rick McCathron, along with CFO Stewart Ellis, will host a series of presentations, along with Q&A, highlighting Hippo's financial outlook, operating strategy and plans for delivering upon the company's mission of protecting the joy of

Hippo Announces Investor Day

PALO ALTO, Calif.--(BUSINESS WIRE)--Hippo (NYSE: HIPO), the home insurance group focused on proactive home protection, today announced the company's second quarter financial results will be released after market close on Thursday, August 11, 2022. The company will host a conference call and live webcast for analysts and investors at 5pm ET/2pm PT on that day. A shareholder letter with the financial results will be accessible from the investor relations section of the company's website prior to

Hippo to Report Second Quarter Financial Results on August 11, 2022

PALO ALTO, Calif.--(BUSINESS WIRE)--Hippo (NYSE: HIPO), the home insurance group focused on proactive home protection, today unveiled the new Hippo Home Care mobile experience for Hippo customers, and a new ad campaign to help homeowners ‘Feel the Housepower.' A recent Hippo survey found 87% of homeowners experience anxiety and dread about home maintenance and worry about what could go wrong next. These same homeowners are looking for an offering that instills confidence and helps them proactiv

Hippo Unveils New Home Care Experience and Ad Campaign to Help Homeowners ‘Feel the Housepower'

PALO ALTO, Calif.--(BUSINESS WIRE)--Hippo Holdings Inc. (NYSE: HIPO), the home insurance group focused on proactive home protection, today announced that it is set to join the broad-market Russell 3000® Index at the conclusion of the 2022 Russell indexes annual reconstitution, effective after the U.S. market opens on June 27, 2022, according to a preliminary list of additions posted by FTSE Russell. Annual Russell indexes reconstitution captures the 4,000 largest U.S. stocks as of May 6, 2022,

Hippo Set to Join Russell 2000® and Russell 3000® Indexes

PALO ALTO, Calif.--(BUSINESS WIRE)--Hippo (NYSE: HIPO): Hippo Insurance Services today announced the expansion of its mortgage partner channel, as well as availability of its home insurance products in Massachusetts. Hippo provides loan originator and servicer partner's customers with a seamless home insurance purchasing experience. More than a dozen mortgage lenders and servicers now combine to help over 7 million customers nationwide that finance their homes each year. Home insurance is a cri

Hippo Announces Mortgage Partner Channel and Launches Proactive Home Protection in Massachusetts

PALO ALTO, Calif.--(BUSINESS WIRE)--Hippo (NYSE: HIPO), the home insurance group focused on proactive protection, today announced findings from its 2022 Homeowner Preparedness Report, revealing the effect of today's economic climate on homeowners as they deal with the responsibilities that come with owning a home. According to the national survey of nearly 2,000 U.S. homeowners and renters, owning a home is still a critical part of achieving their life goals, but it may come at a cost for those

Hippo 2022 Homeowner Preparedness Report: Inflation and Supply Chain Shortages May Be Holding Homeowners Back From Critical Home Maintenance

PALO ALTO, Calif.--(BUSINESS WIRE)--Hippo (NYSE: HIPO): Hippo Insurance Services announced today it will offer home insurance products in North Carolina and is teaming up with Ring to proactively help protect homes against water damage, fire and break-ins. New customers who opt-in to receive the complimentary Alarm Security Kit from Ring receive a smart home discount on their insurance premium with Hippo. The smart home kit empowers Hippo customers to make their homes safer. The bundle includes

Hippo teams up with Ring to Help Protect Homes from Water Damage, Fire, and Break-ins

The company's founder and CEO transitions to a new role.

Why Hippo Holdings Stock Stumbled Today

PALO ALTO, Calif.--(BUSINESS WIRE)--Hippo (NYSE: HIPO), the home insurance group focused on proactive home protection, today appointed Richard McCathron as Chief Executive Officer. McCathron has served on Hippo's board of directors and as the company's President since February 2017. Assaf Wand, Founder and prior CEO, has become Executive Chairman of the Board to focus on long-term strategic initiatives. “Rick has been my partner every step of the way, from the creation of Hippo's strategic visi

Hippo Appoints Richard McCathron as Chief Executive Officer

PALO ALTO, Calif.--(BUSINESS WIRE)--Hippo Holdings Inc. (NYSE: HIPO), the home insurance group focused on proactive home protection, today announced that senior management will participate in a moderated fireside chat discussion at the 2022 Goldman Sachs Virtual Insurtech Conference. The goal of this conference is to provide color on the role of technology start-ups as enablers and disruptors in the insurance space. Details for the conference appearance is as follows: Goldman Sachs Virtual Insu

Hippo to Participate in Goldman Sachs Virtual Insurtech Conference

The home insurance company reported earnings results for the first quarter of 2022.

Why Shares of Hippo Holdings Popped Today

Hippo Holdings Inc. (NYSE:HIPO ) Q1 2022 Results Conference Call May 13, 2022 8:30 AM ET Company Participants Cliff Gallant - Vice President of Investor Relations Assaf Wand - Chief Executive Officer Richard McCathron - President Stewart Ellis - Chief Financial Officer Conference Call Participants Matthew Carletti - JMP Securities Yaron Kinar - Jefferies Michael Phillips - Morgan Stanley Alex Scott - Goldman Sachs Operator Hello and welcome to today's Hippo's First Quarter 2022 Earnings Call. My name is Bailey and I will be your moderator for today's call.

Hippo Holdings Inc. (HIPO) CEO Assaf Wand on Q1 2022 Results - Earnings Call Transcript

PALO ALTO, Calif.--(BUSINESS WIRE)--Hippo (NYSE: HIPO), the home insurance group focused on proactive home protection, today announced its consolidated financial results for the three months that ended March 31, 2022. Complete financial results can be found in the company's shareholder letter in the Investor Relations section of Hippo's website at https://investors.hippo.com. “We're excited by the progress reported today, achieving significant growth while delivering our best quarterly gross lo

Hippo Reports First Quarter 2022 Financial Results

PALO ALTO, Calif.--(BUSINESS WIRE)--Hippo Expands to New York

Hippo Launches Proactive Home Protection in New York State

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PALO ALTO, Calif.--(BUSINESS WIRE)--Hippo (NYSE: HIPO), the home insurance group focused on proactive home protection, today announced the company's first quarter financial results will be released prior to the market open on Friday, May 13, 2022. The company will host a conference call and live webcast for analysts and investors at 8:30 a.m. ET on that day. A shareholder letter with the financial results will be accessible from the investor relations section of the company's website prior to t

Hippo to Report First Quarter Financial Results on May 13, 2022

Hippo Holdings Inc. (HIPO) CEO Assaf Wand on Q4 2021 Results - Earnings Call Transcript

PALO ALTO, Calif.--(BUSINESS WIRE)--Hippo Holdings Inc. (NYSE: HIPO), the home insurance group that created a new standard of care and protection for homeowners, today announced its financial results for the fourth quarter and full year ended December 31, 2021. Hippo's fourth quarter financial results and management commentary can be found by accessing the shareholder letter posted on the Company's investor relations website at https://investors.hippo.com/. A conference call to discuss the resu

Hippo Reports Fourth Quarter and Full Year 2021 Results

PALO ALTO, Calif.--(BUSINESS WIRE)--Hippo to Report Fourth Quarter Financial Results on March 10, 2022

Hippo to Report Fourth Quarter Financial Results on March 10, 2022

Hippo Holdings Inc. (HIPO) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.

Hippo Holdings Inc. (HIPO) Forms 'Hammer Chart Pattern': Time for Bottom Fishing?

PALO ALTO, Calif.--(BUSINESS WIRE)--Hippo Partners with Socotra to Support Hippo's Homeowners Association (HOA) Insurance Product

Hippo Partners With Socotra to Support Hippo's Homeowners Association (HOA) Insurance Product

Lemonade

Previously hot insuretech stocks have cooled considerably. Which is a better opportunity now?

Which is a Better Buy Right Now -- Hippo or Lemonade?

PALO ALTO, Calif.--(BUSINESS WIRE)--Hippo (NYSE: HIPO), the home insurance group that created a new standard of care and protection for homeowners, today announced that it will be featured at the JMP Securities Financial Services & Real Estate Conference. Hippo's Chief Executive Officer Assaf Wand will lead a panel discussion entitled, InsurTech: Transforming the Home Buying/Ownership Experience. Full details on the panel are listed below: JMP Securities Financial Services & Real Estate

Hippo CEO Assaf Wand to Speak on Transforming the Home Buying/Ownership Experience at JMP Securities Financial Services & Real Estate Conference

Hippo Holdings, Inc. (HIPO) CEO Assaf Wand on Q3 2021 Results - Earnings Call Transcript

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