Assaf Wand
On April 21, 2025, Assaf Wand informed the Board of Directors (the “Board”) of Hippo Holdings Inc. (the “Company” or “Hippo”) of his resignation from the Board effective April 21, 2025.
Highest-materiality recent filing
Hippo Q1 2026 net income $7M vs loss a year ago; GWP +58% to $332M; combined ratio 99.5%
Diluted EPS $0.27; adjusted diluted EPS $0.65 vs. loss of $1.91 and adjusted loss of $1.41 in Q1 2025.
Hippo Q4 EPS $0.23, adjusted $0.67; GWP up 40% to $288M
Q4 net income $6M (vs $44M in 4Q24); adjusted net income $17.6M (+20% YoY).
Hippo Q3 net income $98M vs loss $9M YoY; GWP up 33% to $311M
Diluted EPS $3.77 (GAAP); adjusted EPS $0.70; revenue $121M (+26% YoY).
Hippo posts Q2 net income of $1M; raises FY25 guidance on improved loss ratio
Gross written premium $299M (+16% YoY); revenue $117M (+31% YoY).
Hippo sells homebuilder distribution network to The Baldwin Group for $100M, unveils 2028 targets
Baldwin's Westwood Insurance Agency will distribute Hippo's new construction product, tripling homebuyer reach.
Q1 revenue $110M (+30% YoY); net loss $48M vs $36M loss in Q1'24, with $45M LA wildfire impact.
Hippo co-founder and Executive Chairman Assaf Wand resigns from Board
Wand resigned from the Board effective April 21, 2025; he served as CEO until June 2022 and as Executive Chairman since then.
Hippo Q4 adjusted EBITDA positive $8.5M; raises 2025 revenue guidance to $465M
Q4 revenue $102M (+58% YoY); FY2024 revenue $372M (+77% YoY).
Hippo Q3 revenue $95M (+65%), net loss down 84% to $8.5M; reiterates Q4 guidance
Revenue $95M (+65% YoY); TGP $368M (+21% YoY); Services and IaaS now 81% of TGP.
Yuval Harry ceased as Chief Revenue Officer effective Oct 11, 2024; will remain at-will employee through Mar 1, 2025 for consulting.
Hippo Q2 revenue up 88% to $90M; HHIP loss ratio improves 94pp; guides to positive EBITDA in Q4
Revenue $90M (+88% YoY); Total Generated Premium $380M (+20% YoY).
Hippo Q1 revenue $85M (+114% YoY); net loss -$36M (-49%); FY TGP >$1.3B reiterated
Revenue $85M, up 114% YoY; TGP $294M, up 20% YoY with services/IaaS 80% of TGP.
On April 21, 2025, Assaf Wand informed the Board of Directors (the “Board”) of Hippo Holdings Inc. (the “Company” or “Hippo”) of his resignation from the Board effective April 21, 2025.
Mr. Harry will cease being an executive officer and Chief Revenue Officer of the Company effective as of October 11, 2024
Max materiality 0.85 · Median 0.75 · Most common event earnings