Hippo expects to turn Ebitda positive by Q4 2024
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
Cookies Settings

Hippo expects to turn Ebitda positive by Q4 2024

Jairo Ibarra
September 06, 2022
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
hippo logo stock.jpg

Hippo is expecting to achieve Ebitda profitability ($20mn-$30mn) by the last quarter of 2024, according to the firm’s latest presentation to investors.

The Palo Alto, California-based company has been turning around its strategy amid challenging market conditions for InsurTechs.

Last month, the Californian carrier announced plans to cut around 10% of its workforce in a bid to improve efficiency.

Earlier

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Take a free trial Already a subscriber? Login now

Topics

NewsInsurTechHippo
jairo ibarra 2024 ii us 2.png
Jairo Ibarra
Senior Reporter
Contact
Gift this article