Hippo Holdings Inc (HIPO)

In the past six months, Hippo reported its second-quarter 2025 earnings with its first-ever positive net income and revenue growth, leading to a stock increase. The company completed the sale of its homebuilder distribution network to Westwood Insurance Agency LLC and repurchased shares from Lennar. Hippo reported a net income for the third quarter of 2025 and raised its full-year 2025 guidance. CEO Richard McCathron sold shares of common stock as part of a pre-established trading plan. The stock has seen significant gains, and the company appointed Robin Gordon as Chief Data Officer and Laura Hay and Susan Holliday to its Board of Directors.

Specific detailed information regarding the demand seasonality for Hippo Holdings, Inc.'s insurance products and services is not extensively documented. However, the company's services business lines, particularly its thriving builders business, typically experience strong fiscal year-end home sales during the fourth quarter.

Hippo Holdings, Inc. is a technology-native insurance platform focused on proactive home protection and property and casualty insurance, operating within the Insurtech sector. Hippo provides homeowners insurance covering homes, possessions, liability, and risks like fire and theft, and also offers landlord, condo, auto, and other specialty lines. The company integrates smart home devices and services for proactive risk mitigation and operates through Services, Insurance-as-a-Service (IaaS), and the Hippo Home Insurance Program segments. The IaaS segment, managed through Spinnaker Insurance Company, provides a platform for third-party carriers and MGAs.

Hippo Holdings, Inc. is headquartered in San Jose, California, and its insurance products are available in 37 U.S. states. Hippo also has an international presence with a technology and research and development office in Tel Aviv, Israel.

Hippo Holdings, Inc. has generally maintained a positive brand reputation. Customers praise Hippo for its competitive rates, comprehensive coverage, and excellent customer service. The company is recognized for its tech-forward approach, utilizing AI-driven underwriting, smart home device integration, and a streamlined online purchasing process. Hippo's financial strength is affirmed by an A- (Excellent) rating from AM Best. Hippo is not rated by J.D. Power and is not accredited by the Better Business Bureau (BBB).

Hippo Holdings, Inc.'s ownership includes institutional, retail, and insider investors. Institutional investors hold a significant portion of the stock. Insiders own a portion of Hippo Holdings, with CEO Richard McCathron holding 1.0% of the total shares outstanding as of September 2025. Retail investors constitute a substantial part of the ownership. Lennar Corporation is the largest single shareholder.