We are retaining cost savings initiatives we initiated in Q4 of last year and the growth in our insurance as a service and services segments. The quarter-over-quarter improvement in adjusted EBITDA was driven primarily by realizing the full benefit of the cost saving initiatives in Q1 versus only a partial benefit last quarter, while the benefit of higher earned premium offset seasonally higher weather-related losses. As a reminder, the definition of adjusted EBITDA that we are using and have used historica ...

Hippo Holdings Inc. (HIPO) came out with a quarterly loss of $1.47 per share versus the Zacks Consensus Estimate of a loss of $1.41. This compares to loss of $3.01 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -4.26%. A quarter ago, it was expected that this company would post a loss of $2.04 per share when it actually produced a loss of $1.76, delivering a surprise of 13.73%.Over the last four quarters, the company has surp ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______. Commission file number 001-39711 HIPPO HOLDINGS INC. (Exact name of registrant as specified in its charter) Delaware 32-0662604 (State of in ...

` Letter to Shareholders | Q1 2024 1 Q1 2024 LETTER TO SHAREHOLDERS ` Letter to Shareholders | Q1 2024 2 KEY HIGHLIGHTS FROM Q1 Accelerating Top-line Growth; Favorable Mix-Shift • Consolidated TGP up 20% YoY, with Services and Insurance-as-a-Service (“IaaS”) representing 80% of TGP • Services and IaaS driving TGP growth, up 37% and 25% YoY, respectively in Q1 • Revenue up 114% YoY to $85 million; significantly better Revenue monetization in Hippo Home Insurance Program (“HHIP") Continued HHIP Loss Ratio Imp ...

PALO ALTO, Calif., April 2, 2024 /PRNewswire/ -- Hippo (NYSE: HIPO), the home insurance group focused on proactive home protection, today announced the company's first quarter financial results will be released before market open on Thursday, May 2, 2024. The company will host a conference call and live webcast for analysts and investors at 8am ET/5am PT on that day. A shareholder letter with the financial results will be accessible from the investor relations section of the company's website prior to the c ...

Appetite Finder Checks with Multiple Carriers to Gauge their Appetite for Specific Risk Profiles PALO ALTO, Calif., March 21, 2024 /PRNewswire/ -- First Connect Insurance Services, a digital platform designed to provide independent agents access to some of the nation's top carriers, announced today that it has partnered with Hiscox USA, and subsequently hit the 100-carrier and MGA milestone. First Connect also launched a new Appetite Finder feature today, making it easier for agents to match their client's ...

Hippo Holdings, Inc. (NYSE:HIPO) Q4 2023 Earnings Conference Call March 6, 2024 8:00 AM ET Rick McCathron - President & CEO Tommy McJoynt - KBW Operator Mark Olson Before we begin, I'd like to remind you that our discussion will contain predictions, expectations, forwardlooking statements and other information about our business that are based on management's current expectations as of the date of this presentation. Forward-looking statements include, but are not limited to, Hippo's expectations or predicti ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______. Commission file number 001-39711 HIPPO HOLDINGS INC. (Exact name of registrant as specified in its charter) Delaware 32-0662604 (State of incorpo ...

hippo E LETTER TO SHAREHOLDERS 04 2023 hippo KEY HIGHLICHTS FROM 04 Favorable Mix-Shift Driving Top-line Growth Continued HHIP Loss Ratio Improvement Generating Substantial Operating Leverage . GAAP Operating expenses, excluding loss and loss adjustment and insurance related expense, declined from 158% of revenue a year ago to 75% in Q4 Net Loss and Adjusted EBITDA continuing to improve Financial Strength Total Generated Premium in-Force $1,140M $813M $602M Q4 '21 Q4 '22 Q4'23 Revenue YoY 2 Q4'23 $64M $36M ...

Hippo's agency continues to have tremendous success in the builder channel, with volumes reaching another alltime high in the quarter, despite the pressures on the broader housing market. Growth was driven by higher numbers of policies placed and higher premium per policy. Our third-party premium retention rate was 97% in the quarter. As we look forward to 2024, we expect continued revenue growth and expense savings to turn our Services segment closer to positive operating income in the second half of 2024, ...