Arturo Partners with Hippo Insurance to Provide Homeowners Better Pricing, Underwriting, and Renewals
Arturo, a deep-learning property analytics company incubated within
The integration of Arturo's deep-learning property analysis capabilities, which provides near-real-time physical property characteristics, now integrates with Hippo's proprietary policy management system. The result has already advanced Hippo's quotation, underwriting, and renewals capabilities for customers resulting in better, more affordable, and truly modern home insurance.
"Because Arturo was built from the ground-up inside
Arturo's AI powered insights allows Hippo to better understand the physical world around a home, by analyzing property photos from satellite, aerial, drone, and ground-level imagery. The result is detailed property information, often in under 5 seconds, which Hippo uses to create highly accurate pricing, delivering home insurance quotes in under 60 seconds and at up to 25% below the industry average. Hippo ultimately can better optimize the underwriting and renewal process, delighting customers and reducing expense ratios.
"Hippo's partnership with Arturo has allowed us to pre-fill very valuable property data and information directly into the customer's application including roof material, pool presence, and more," said
About Arturo
Arturo is a deep learning spin-out from
Leveraging the latest satellite, aerial, and ground-level imagery, as well as unique proprietary data sources, Arturo's deep learning models provide differentiated property data unparalleled by any other provider - on-demand and in near-real-time. To learn more about
About Hippo
Hippo is on a mission to transform home insurance for the modern household. Among its many innovations, Hippo allows homeowners to get a quote and purchase home insurance online in 60 seconds or less, save up to 25 percent compared with traditional insurers, and obtain smarter coverage for modern households. This includes protection for possessions like appliances, consumer electronics, and home offices. Founded in 2015 by
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