Recent Updates — HIPO
Hippo Holdings Inc. reported net income of $9 million, or $0.33 per diluted share, for the quarter ended September 30, 2026, compared to $98 million in the prior-year period. Adjusted net income rose 9.3% to $20 million, or $0.74 per diluted share. Gross written premium surged 60.1% year over year to $498 million, driven by strong growth in Casualty and Commercial Multi-Peril lines. The company updated its full-year guidance, raising the adjusted net income target to $77-$80 million from $62-$70 million and tightening the combined ratio forecast to 97%-98%. Hippo operates a technology-native insurance platform providing property and casualty coverage through multiple carrier programs.
Hippo Holdings Inc. appointed Laura Boettcher as Chief Operating Officer on June 10, 2026. Ms. Boettcher previously held several roles at Hippo Insurance, a subsidiary of the Company, and Guy Carpenter. Her new compensation package includes a base salary of $450,000, an annual target bonus of 50% of her base salary, and increased annual grants of restricted stock units and performance restricted stock units. Hippo Holdings Inc. operates in the insurance industry and provides technology-driven insurance solutions.