Hippo Partners with Spinnaker Insurance to Expand US Footprint
Hippo will leverage Spinnaker's highly-rated and widely-licensed admitted platform to deliver its modern home and condo insurance products to an expanded audience nationwide.
"Spinnaker is an innovative carrier with a highly respected leadership team that shares Hippo's belief that homeowners insurance was overdue for modernization," said Richard L. McCathron CPCU, CIC Head of Insurance at Hippo. "It has already proven to be a valuable partnership. Contributing to our groundbreaking and efficient quote process, Spinnaker has helped us solidify a client-friendly underwriting process through our trusted data sources that lowers friction for the end customer."
Hippo stands alone as Spinnaker's first partnership with an insurtech company in the homeowners space. Spinnaker's national licenses, collaborative relationships with reinsurers, regulators, and other service providers as well as constructive underwriting knowledge will help Hippo meet its aggressive expansion plan.
"Spinnaker is committed to being the conduit between insurtech producers and the reinsurance and capital markets. We find Hippo to have a stand-out team and superior product for today's homeowner," said
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
About Spinnaker
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