Hippo stock news
On June 30, 2026, Hippo Holdings Inc. (NYSE: HIPO) announced an enhanced strategic partnership with Accelerant (NYSE: ARX), a data--driven risk exchange for the specialty insurance market. Under the agreement, Hippo will serve as a fronting carrier for more than $500 million in annual gross written premiums across Accelerant's U.S. portfolio starting in 2027. This collaboration has led Hippo to accelerate its financial targets, now expecting to achieve its $2 billion gross written premium milestone in 2027—one year ahead of its previous schedule. Additionally, the company raised its 2028 guidance, targeting over $2.5 billion in gross written premiums and an adjusted net income of $140 million.