Hippo Holdings Inc., the US-based parent company of Hippo Insurance, has announced the promotion of Laura Boettcher, ARe, to Chief Operating Officer.
The company stated that her role now extends across the entire group, with responsibility for overseeing operations at a consolidated level while continuing to support an operational approach centred on efficiency and customer service.
Rick McCathron, President and Chief Executive Officer of Hippo Holdings, commented on the appointment, saying, “Laura has been an invaluable part of Hippo’s leadership team for nearly five years, and she has earned the trust of our executive council and board of directors,” said Rick McCathron, President and CEO of Hippo Holdings.
“She built her career in reinsurance, ran critical operational functions, and has always kept her focus on building a business that works for our customers, our partners, and our shareholders. I’m confident she’ll bring that same expertise and commitment to this expanded role.”
Boettcher brings close to twenty years of experience in insurance and reinsurance, with Hippo Holdings highlighting her background across financial management, operational leadership and strategic delivery. She had been serving as Chief Operating Officer of Hippo Insurance since February 2024, where the company says she was responsible for core operational activity while balancing service delivery and business requirements.
Prior to that, she held roles as Chief of Staff to the Chief Executive Officer and Director of Reinsurance within Hippo. Before joining the company, she worked at Guy Carpenter as a Senior Vice President, developing reinsurance strategies for personal lines clients, including Hippo Insurance.
Boettcher said, “I’m proud of what we’ve built operationally and excited for what comes next,” said Boettcher. “My focus has always been on running a business that serves our customers and sets us up for sustainable growth, and that won’t change in this role. I look forward to applying the best of what we’ve learned at Hippo Insurance across the broader Hippo Holdings organisation.”
Earlier in her career, Hippo Holdings notes that she held senior roles in finance and operations across both start-up and established insurance firms. At Home Value Protection, a Kleiner Perkins-backed start-up, she helped establish the financial planning and analysis function as part of the executive team.
At CompWest Insurance, she led business intelligence and strategic financial planning reporting directly to the chief executive, overseeing forecasting, KPI development and process improvements that the company says delivered more than $1 million in cost efficiencies.
