Hippo
Compare Hippo…Smart-home sensor-driven homeowners insurance; pivoted away from direct underwriting toward agency model after persistent high loss ratios; ~$700M market cap.
SectorsInsurance
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HippoSmart-home sensor-driven homeowners insurance; pivoted away from direct underwriting toward agency model after persistent high loss ratios; ~$700M market cap.
Hippo's deliberate shift from homeowners (CAT-exposed) toward Commercial Multi-Peril and Casualty lines. Smart-home IoT thesis remains in the Hippo Home Insurance Program, but the diversification away from HOI has been the strategic story since 2023.
Q1 2024 — Q3 2025
Source: Hippo Q3 2025 shareholder letter + 10-Q filings (Updated: 2025-Q3)
TGP is Hippo's reported topline metric — aggregate written premium across all business platforms (Hippo Home Insurance Program, Insurance-as-a-Service, Services). Diversification beyond CAT-exposed homeowners drove the 2024-2025 acceleration.
Q1 2022 — Q3 2025
Source: Hippo Holdings 10-Q + quarterly shareholder letters (Updated: 2025-Q3)
Quarterly breakdown of revenue by product line and service category
2023-Q1 — 2025-Q2
Quarterly breakdown of revenue by geographic region
2023-Q1 — 2025-Q2
Data from SEC filings via FMP • 10 periods available