Hippo Insurance

Hippo Insurance, founded in 2015 and publicly traded on the New York Stock Exchange (NYSE: HIPO), is a home insurance company that applies technology to a traditionally analogue business. Its work spans data analytics and data-driven insights, smart home technology, insurtech, and risk analysis and personalisation - using property-level data to assess each home's unique risk profile and recommend tailored coverage.

At the centre of the business is Hippo Homeowners Insurance, which analyses individual properties and offers personalised protection through carrier partners at competitive rates; the product insures over 500,000 homes across the United States, distributed alongside more than 70 top carrier partners. The company's underwriting and distribution model relies on technology to match homeowners with coverage suited to their specific circumstances rather than standardised policies.

A second strand of work is preventative rather than compensatory. The Hippo Home App helps homeowners head off problems before they occur, and Hippo Maintenance Services provides proactive maintenance designed to stop small issues turning into claims. This reflects a stated philosophy that the best claims experience is one a customer never has to file, and a broader emphasis on prevention over payout.

Hippo operates in the United States across homeowners insurance, insurtech, and home services and maintenance. The company describes its approach as bringing a modern, technology-driven method to a traditional industry, with a customer focus on anticipating risk rather than reacting to it.