Reinsurance News

Hippo announces partnership with Cape Analytics

3rd June 2021 - Author: Katie Baker -

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Hippo, a California-based insurtech focused on US home insurance, has partnered with Cape Analytics (Cape), a re/insurance data analytics provider, to advance Hippo’s automated property analysis capabilities.

Throughout this partnership, Hippo will continue to enhance its underwriting and ongoing risk management and mitigation insights to provide home protection.

The insurtech firm will use Cape’s geospatial solution to offer comprehensive intelligence at the time of a quote, with the speed necessary to improve underwriting processes across the policy lifecycle.

Aviad Pinkovezky, Chief Product Officer, Hippo said: “Cape’s integration will be instrumental in driving deeper property intelligence, which in turn proactively protects our customers and seamlessly intrigues the most accurate information into the onboarding flow for potential customers.

“With Cape, we acutely define the characteristics of a property and its surrounding area with a degree of accuracy that hasn’t existed before in home insurance to help our customers take important steps to protect their home.”

Ryan Kottenstette, CEO and Cofounder, Cape Analytics  added: “We’re thrilled to be integrating with Hippo, an established technology partner providing meaningful protection for homeowners.

“The impact our team has made to establish and advance geospatial analytics in insurance helps provide companies like Hippo with accurate property intelligence and action-oriented insights that can truly drive change and help keep their customers protected.”