Hippo Holdings Announces Enhanced Partnership with Accelerant to Expand Access to the Specialty Insurance Market

About this update from Hippo Holdings Inc.

Partnership Drives Updated Guidance; Hippo Now Expects to Achieve $2 Billion GWP Target in 2027, a Full Year Ahead of Plan SAN JOSE, Calif., June 30, 2026 /PRNewswire/ -- Hippo Holdings Inc. (NYSE: HIPO) today announced an enhanced partnership with Accelerant (NYSE: ARX), a data-driven risk exchange platform for the specialty insurance market. Effective July 1, 2026, with the full program commencing October 1, 2026, Hippo will serve as a fronting carrier for more than $500 million in annual gross written premiums across Accelerant's U.S. portfolio in 2027. "We are built to move decisively when the right opportunity presents itself, and this is one of those moments," said Rick McCathron, President and CEO of Hippo Holdings. "Accelerant operates a data and technology platform that makes specialty insurance work better for the entire insurance value chain, and that same philosophy drives how we are growing Hippo. With this agreement in place, we expect to achieve our $2 billion gross written premium target in 2027, a full year ahead of plan." The partnership reflects Hippo's strategy of growing a diversified portfolio through disciplined underwriting and continuous optimization. Within the Risk Exchange ecosystem, Hippo gains access to Accelerant's specialty insurance portfolio, advanced risk selection tools and analytics, expanded distribution and reinsurance connectivity directly to Accelerant's Risk Capital Partners. The enhanced partnership builds on an existing relationship between the two companies that began in 2025. "The partnership with Hippo strengthens the Accelerant Risk Exchange for our Members and the insureds. What began as a strong working relationship has grown into an exciting partnership and provides the best MGAs continued runway for profitable growth," said Jeff Radke, Chairman and CEO of Accelerant." In connection with this announcement, Hippo is updating full year 2028 guidance.  About Hippo Hippo is a technology-native insurance group that uses its carrier platform to diversify risk across both personal and commercial lines. Through the Hippo Homeowners Insurance Program, the company applies deep industry expertise and advanced underwriting to deliver proactive, tailored coverage for homeowners. Hippo Holdings Inc. subsidiaries include Hippo Insurance Services, Spinnaker Insurance Company, Spinnaker Specialty Insurance Compa...

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