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Hippo Acquires Spinnaker Insurance Company
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Licensed Insurance Carrier Will Become Part of Hippo’s Family of Companies PALO ALTO, Calif.--(BUSINESS WIRE)--#insurtech--Hippo, the high-growth company that’s transforming home insurance and ownership, announced today that it has entered into a definitive agreement, pending regulatory approval, to acquire Spinnaker Insurance Company, a national property and casualty insurer licensed in 50 states and rated A- (Excellent) by A.M. Best Company. As part of the acquisition, Spinnaker will join Hippo’s…