Hippo stock news
On October 28, 2026, Hippo Holdings Inc. (NYSE: HIPO) announced a strategic partnership with the Innovations unit of Greenlight Capital Re, Ltd. (NASDAQ: GLRE) to coordinate investments in early--stage managing general agents (MGAs) alongside dedicated fronting carrier and reinsurance capacity. Under the agreement, Hippo can co--invest with Greenlight Re in emerging insurance programs, while Hippo subsidiary Spinnaker Insurance Company will serve as the preferred U.S. admitted carrier to issue policies for qualifying ventures. In turn, Greenlight Re will provide supporting reinsurance capacity and underwriting expertise. The partnership enhances Hippo's fee--based Insurance--as--a--Service platform and supports its ongoing diversification into specialty and commercial lines.