Ally Financial will begin offering home insurance policies through a partnership with the insurance provider Hippo, the two companies announced Wednesday, August 11. Hippo will underwrite the policies, while the Ally will put up the money to back them — to the tune of $500...
The insurance market today offers a wide array of coverage options, from health and home insurance to pet policies. At the same time, the market is complicated and fragmented, which can often make it difficult for consumers to obtain protection when and where the need...
Hippo, the tech startup that provides home insurance digitally, has raised $150 million in a funding round that brings its valuation to $1.5 billion, the Palo Alto, Calif.-based company announced Tuesday (July 21). Since the company launched in 2015, it has raised a total of...
Prudential has launched a direct-to-consumer hybrid advisory service that represents one of the most recent developments in the move away from paper and analog processes for that industry. LINK by Prudential is designed as a “personalized experience that learns about what’s important to you and...
November 28, 2022
The insurance industry is one of the most mature and competitive markets globally, but it’s one often associated with legacy infrastructure, time-consuming paperwork and complex jargon that can easily deter customers from completing the purchasing process. Over the years, an increasing number of InsurTechs and platforms have entered the space with the promise of digitizing […]
June 16, 2021
The insurance market today offers a wide array of coverage options, from health and home insurance to pet policies. At the same time, the market is complicated and fragmented, which...
August 11, 2021
Ally Financial will begin offering home insurance policies through a partnership with the insurance provider Hippo, the two companies announced Wednesday, August 11. Hippo will underwrite the policies, while the Ally will put up the money to back them — to the tune of $500 million in the beginning. Hippo President Rick McCathron said the […]
July 21, 2020
Hippo, the tech startup that provides home insurance digitally, has raised $150 million in a funding round that brings its valuation to $1.5 billion, the Palo Alto, Calif.-based company announced...
June 07, 2018
Reports surfaced that Amazon is considering getting into the home insurance game, sending shares of some insurance companies down briefly on Wednesday (June 6). According to The Information, the eCommerce...
December 20, 2017
Japanese tech giant SoftBank is leading a $120 million investment round in home insurance startup Lemonade. According to Bloomberg Technology, New York-based Lemonade uses artificial intelligence and bots to minimize...
