Home insurance group, Hippo, has announced the addition of John “Jay” Nichols Jr. to its Board of Directors, who will serve on Hippo’s Compensation Committee as well as the Audit, Risk and Compliance Committee.
Nichols has more than four decades of experience in the insurance and reinsurance industry. He has held multiple leadership and board positions throughout his successful career, Hippo highlighted.
Most recently, Nichols served as Interim Chief Executive Officer and Chairman of the Board at Protective Insurance Company where he oversaw the acquisition of the company by Progressive Insurance Company.
Prior to Protective, he was the CEO of Axis Reinsurance Ltd. and held various roles, including President, during a fifteen-year stint at RenaissanceRe Ventures Ltd.
Nichols said: “Throughout my career, homeowners have consistently asked for a better insurance experience.
“Hippo’s proactive approach to home protection, which includes modern coverage, smart home technology, and Hippo Home Care, is unique in the industry and has the transformative potential to change the way people think about home insurance.”
He currently serves on the boards of Delaware North Companies, Brit Re and Sussex Re, Enhanzed Re, Chelsea Avondale / Max Insurance Company, and previously served on the board of National General Insurance Company.
Hippo President and CEO Rick McCathron commented: “Jay brings unparalleled industry experience as an operator, leader and board member.
“He will be an invaluable asset as we continue our journey to reimagine home insurance, helping customers prevent small things from becoming big problems.
