Hippo News

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Hippo Sells Majority Stake in First Connect Insurance to Centana Growth Partners

Nov 8 2024 // Insurtech Hippo said it has sold a majority stake in First Connect Insurance Services, a digital platform for independent agents.The buyer is private equity fund Centana Growth Partners, who with Hippo shares Palo Alto,...

Hippo, Orion180 Expand Homeowner Offerings in Southeast

Oct 7 2024 // Hippo, a publicly traded property insurance brokerage based in California, said it will expand its new homes insurance program in the disaster-prone states of Florida, Texas and California.By the end of this year, Hippo,...

Hippo’s First Connect Partners With Root Insurance on Quote and Bind Process

Sep 5 2024 // First Connect Insurance Services and Root Insurance said they are partnering to offer API-powered quote and bind capabilities to independent agents.First Connect, a subsidiary of insurtech Hippo, is a digital platform...

Insurtech Hippo Lays Off 20% of Employees

Oct 30 2023 // Insurtech Hippo Holdings said it has “initiated an organizational realignment” by laying off about 120 employees, or 20% of its workforce.The company said in a filing with the U.S. Securities and Exchange...

Hippo Investors Call for Strategic Review by Board, Other Actions

Sep 18 2023 // Members of the board of directors of insurtech Hippo were on the receiving end of an open letter from a “concerned shareholder group,” yesterday, urging board actions to preserve the value of a company that has...

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