Hippo

The executive believes the company will be able to achieve profitability without raising additional capital.

The company attributed its Q2 performance to rate adequacy improvements and a 10% favorable loss reserve development on attritional losses from prior periods.

Nichols served as Interim CEO and chairman of the board at Protective Insurance Company.

The InsurTech’s announcement follows a notice from the exchange regarding its common stock falling below the $1.00 threshold over a 30-day period.

The executive discussed InsurTech challenges, his priorities for Branch, fundraising, and his concerns about the capital markets.

Inside P&C’s morning summary of the key stories to get you up to speed fast.

Embedded insurance can help sidestep some of the challenges faced by InsurTech 1.0.

FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes.

With the geographic expansion, the personal lines InsurTech will reach 94% of the US population, in 40 states.

Inside P&C’s news team runs you through the key developments from the past week.

Through the partnership, the personal lines InsurTech will offer water damage, fire and break-in coverage.

Following his promotion, Hippo’s new CEO discussed InsurTech public market conditions, the funding environment for private companies, inflationary pressures and loss ratios.