Reinsurance News

Hippo furthers underwriting capacity, partners with Incline P&C

13th August 2021 - Author: Katie Baker -

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Incline P&C Group has entered into a new issuing carrier relationship with Hippo Insurance Services to offer protective policies and services to home insurance customers.

Within the last six years, Hippo has expanded its insurance products to reach homeowners in 37 states and grown its distribution partnerships to meet customers when and where they want to buy.

The agreement will enable Hippo to enhance its underwriting capabilities, bringing its innovative and proactive approach to home insurance to more homeowners across the country.

This partnership will allow Hippo to grow its business across multiple fronting partners.

Earlier this month, Hippo announced it will be doubling its underwriting capacity through issuing a carrier relationship with Ally Financial subsidiary and 50 state carrier, Motors Insurance Corp.

Rick McCathron, President at Hippo said: “Strong carrier relationships are integral to how we scale and grow our business, pushing our proactive approach forward to deliver the first home protection platform to customers across the country.

“Incline is a specialised firm with an innovative platform and underwriting expertise that furthers our commitment to innovation in the space, and deepens our relationship with our customers. Chris and his team have impressed us with their strategic approach and aligned interests that will support our shared growth.”

Chris McClellan, President and CEO, Incline P&C Group commented: “Technology is shaping and simplifying every aspect of our world, including home insurance. Hippo’s innovative, proactive approach to insurance is a reflection of modern technology transforming the future of the home insurance market and so much more. We are thrilled for our partnership.”