Hippo (NYSE: HIPO) recently announced the appointment of Laura Hay and Susan Holliday to its board of directors. Laura Hay, who previously served as the global head of insurance for KPMG International, will bring her expertise in growth strategy, innovation, and risk management to the company. She has also held positions on the boards of directors for MetLife, Everest Group, and the Girl Scouts of Greater New York. On the other hand, Susan Holliday, a global insurance expert and seasoned board director, has extensive experience driving profitable growth, technology adoption, and governance maturity. She has served on the boards of Acrisure RE and Tangerine Financial, chairing audit and risk committees across regulated markets in Europe and Africa.
Hippo, a technology-enabled insurance group, utilizes its hybrid fronting platform to diversify risk across both personal and commercial lines. The company's subsidiaries include Hippo Insurance Services, Spinnaker Insurance Company, Spinnaker Specialty Insurance Company, and Wingsail Insurance Company.
The addition of Laura Hay and Susan Holliday to Hippo's board underscores the company's commitment to strengthening its leadership team and driving sustainable growth, innovation, and disciplined risk management. The market has reacted to these announcements by moving the company's shares -0.8% to a price of $37.21. For the full picture, make sure to review Hippo's 8-K report.
