Hippo, announced the expansion of its technology, product and marketing operations by opening its first international office in Tel Aviv, Israel, a global technology hub. The new office will be a center for innovation for the company, focused on the development of talent and technologies to fuel the products and services across Hippo’s business, delivering a transformative home insurance experience to its customers. The office will be led by Shahaf Shakuf, who brings strong management experience to Hippo and previously established the Israel subsidiary for Chegg, the online learning company with over 4.8 million subscribers. Shakuf will oversee the growth of Hippo’s regional team and the entire spectrum of office functions, from product development and design to data science and digital marketing, ensuring engagement and alignment across the organization. Hippo’s Israel-based team will focus on fueling the growth and innovation behind the home protection company with leadership that spans product developers and designers, engineers, machine learning experts, data scientists, and digital marketers. Hiring is ongoing and Hippo is seeking innovative, creative, ambitious problem-solvers with a curious, global mindset. Hippo offers a customer-first approach to homeownership with intuitive and proactive protection that combines the power of technology with a human touch. In just over four years, Hippo has expanded its insurance products to reach more than 80% of U.S. homeowners in 37 states. The company recently launched two new innovative products to market, Inspection Protection and Commercial Lines Insurance, with additional home protection offerings to come.
Hippo Holdings Inc. is an insurance holding company, with subsidiaries that provide property and casualty insurance products to both individuals and business customers. It operates through three segments: Services, Insurance-as-a-Service, and Hippo Home Insurance Program. The Services Segment is comprised of its Consumer Agency, which serves consumers who are shopping for insurance and First Connect. Insurance-as-a-Service segment is focused on providing insurance capacity to program administrators and managing general agencies. The Hippo Home Insurance Program is the Companyâs Hippo-branded homeowners insurance business. Its operating subsidiaries include Hippo Insurance Services, Hippo Home Care, First Connect Insurance Services, Spinnaker Insurance Company, Spinnaker Specialty Insurance Company and Mainsail Insurance Company. Hippo Insurance Services is a licensed property casualty insurance agent with products underwritten by various affiliated and unaffiliated insurance companies.