Hippo Gets $350M Investment, Reinsurance Treaty From Mitsui Sumitomo

Hippo Enterprises, an MGA insurtech focused on homeowners insurance, secured a $350 million capital investment designed to help fuel further growth. A related reinsurance agreement is also part of the deal. Mitsui Sumitomo Insurance Co. Ltd., a subsidiary of MS&AD …

from News – Insurance Journal https://ift.tt/3pYgolO