Today’s guest is from one of the highest profile firms from the group of pioneering US insurtechs that emerged in the middle of the last decade.
Hippo Insurance, along with many of its trailblazing peers, is now a public company.
But despite the transparency this brings, it’s easy to look at Hippo and become confused by a whirl of alliances, structures and news announcements.
One analyst recently complained that it looked like Hippo was throwing different strategies against the wall and seeing which ones would stick.
In the light of this podcast that doesn’t seem fair.
Today’s guest would counter that Wall Street hasn’t really got its head around the variety in the newly-arrived insurtech sector and currently tends to put them all in the same bucket.
Hippo’s President Rick McCathron joined the business five years ago.
With almost 30 years’ P&C experience, Rick has insurance running through his veins and is incredibly focused on what Hippo’s mission is and how he is setting out to achieve that.
Insurance people can relate to him and he is excellent company.
Listen on and any lingering doubts about this firm’s clarity of purpose will melt away.
NOTES
Rick mentions the 'CAC to LTV' ratio. This stands for customer acquisition cost to lifetime value. ie a measure of how effective your marketing/acquisition spend is.
LINKS
We thank our naming sponsor AdvantageGo - enabling an enterprise view of exposure:
https://www.advantagego.com/
We also thank Claims Direct Access (CDA) for their support today:
https://www.claimsdirectaccess.com/
Ep 82 David Bearman CEO Aventum: Don’t walk into a crowded room
Ep 81 Ash Bathia CEO Probitas 1492: Driving your own destiny
Ep 80 Matthew Shaw CUO of TMK: The most submissions for a decade
Ep 79 Neil Eckert and Trevor Carvey of Conduit Re: Big enough to be impactful but small enough to be nimble
Ep 78 Steve McGill: Building Excitement and Scale
Ep 77 Stephen Catlin & Paul Brand Convex: Being ready ahead of the market
EP 76 Keith Wolfe President Swiss Re P&C US: A complete view of the world's biggest market
Ep 75 Greg Collins CEO of Miller: A speedboat among supertankers
Special Episode: Introducing McKenzie Intelligence Services with founder Forbes McKenzie
Ep 74 Matthew Wilson Group CEO Brit: Pretending Brit didn't exist
Ep 73 Mitch Blaser CEO Mosaic: If you're a hammer everything looks like a nail
Ep 72 Colin Thompson Group CEO Nexus: Eat your own cooking
Ep 71 Ross Howard Global Executive Chairman of Lockton Re: Why knowledge is key and king
Special Episode: Bonkers or Brilliant? A fresh perspective on innovation from Insurtech Gateway’s Robert Lumley and Stephen Brittain
Ep 70 Greg Hendrick CEO Vantage Group: Being what the market will let us be
Special Episode: Introducing Supercede with founders Jerad Leigh and Ben Rose
Ep 69 Pina Albo CEO Hamilton Group: The wait is over
Ep 68 Steve Hearn CEO Corant Global: One broker, many brands
Ep 67 Charles Mathias Group CRO Fidelis: A market not lacking capital, but profit
Special Episode: Introducing Worry + Peace with founder James York
Create your
podcast in
minutes
It is Free
The emPOWERed Half Hour
NABOR® TALKS
U.S Property Podcast
Aligned Money Show
The Ramsey Show
Planet Money