Hippo debuts on NYSE | Insurance Business

Hippo debuts on NYSE

House insurance coverage firm Hippo has introduced its itemizing as a public firm on the New York Inventory Alternate. Hippo debuted on the NYSE Tuesday.

Hippo, based in 2015, makes use of real-time knowledge, smart-home expertise and a set of dwelling companies to create what it calls the primary vertically built-in, end-to-end dwelling safety and insurance coverage platform. Hippo introduced in March that it meant to go public through a merger with Reinvent Expertise Companions Z, a special-purpose acquisition firm. The corporate has an enterprise worth of $5 billion.

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