Insurtech Hippo snaps up insurance carrier Spinnaker in expansion move
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Insurtech Hippo secures $100m to fund expansion; targets 80% coverage of US
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US home insurance disruptor Hippo has expanded its panel of reinsurers to support the company’s plans for continued expansion this year. The panel, which includes Arch, Markel, RenaissanceRe, TransRe and others, now reinsures the carrier behind Hippo’s largest programme, and actively protects homeowners across 15 US states.
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Hippo, Insurance growth, Home insurance, Reinsurance, Assaf Wand, Ken Brandt, North America
