Hippo raises 2021 premium guidance to $600mn as underlying results improve in Q3
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Hippo raises 2021 premium guidance to $600mn as underlying results improve in Q3

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Californian InsurTech Hippo raised its full-year 2021 guidance for total generated premiums to $600mn-$605mn from the Q2 estimated range of $550mn-$570mn, as the company’s underlying results improved during the third quarter of the year.

Hippo launched a new partnership with Freddie Mac, and the firm’s executives expect it will enable the company to boost its homeowners’ coverage across the US.

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