Hippo secures placement of 2024 reinsurance program

“Our reinsurance partners have affirmed their confidence in our business with improved terms for the second year in a row,” Hippo CEO and president Rick McCathron said. “Our efforts to reduce exposure to weather-related volatility in our business, combined with our proactive approach to home protection, has continued to drive significant improvements in loss ratio, making the Hippo Home Insurance Program attractive to reinsurers, many of whom have been with us for multiple years.”

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