Tag: Hippo

Hippo, a home insurance group focused on proactive home protection, has authorised a stock repurchase programme for up to $50m of its common stock.

2021 was another year of growth for the InsurTech industry, with funding setting an annual record of $9.1bn only nine months into the year. But what were the biggest deals?

First Connect has partnered with Blink to offer personal cyber insurance to independent agents that participate in First Connect’s InsurTech marketplace platform.

US InsurTech Hippo is leveraging its partnership with cloud-native core platform for insurers Socotra to expand its Commercial Lines homeowners association (HOA) insurance product.

Out of the 29 FinTech funding rounds we reported on last week, cybersecurity companies, InsurTechs and challenger banks were among the clear winners.

Hippo is having a great 2020, having officially secured its unicorn status this summer and it now bagging a $350m investment just as the InsurTech industry seems to be recovering from a previous slump.

After bagging $38.5m in a Series C round in February, InsurTech The Zebra has announced that it has almost achieved a $100m run rate and become profitable.

From InsurTech to RegTech, the last week showed that some sectors may be able to benefit from the coronavirus crisis.

InsurTech Hippo has cemented its place in the coveted unicorn club by raising a $150m round at a $1.5bn valuation.

Home insurance company Hippo Insurance has acquired US-based national property and casualty insurer Spinnaker Insurance Company.