Assaf Wand resigns from Hippo board

On April 21, 2025, Assaf Wand informed the board of directors of Hippo Holdings of his resignation from the board effective April 21, 2025.

Wand is a cofounder of the company and has served on the board since October 2015. He served as CEO from the company’s inception until June 2022, and as executive chairman of the board since then.

“Assaf founded Hippo with a vision to prioritize the customer experience in homeowners’ insurance which has shaped our strategy to protect the joy of homeownership for our customers. I am deeply grateful for Assaf’s dedication and partnership and thank him for all that he has done over the past decade to define and lead Hippo.” – Hippo CEO and president Richard McCathron.

“I have every confidence that under Rick’s leadership, Hippo will continue to deliver value to its customers, partners, and shareholders. From knocking on doors, to securing our first policies, to ringing the bell on the NYSE stage alongside me, Rick has been my partner every step of the way and an invaluable leader of the Company. As CEO, he drove Hippo to its most successful year yet, reaching EBITDA profitability and staying on track to achieve net income profitability by the end of 2025. The Board that I helped build and have had the honor of serving alongside for the past ten years is highly strategic and collaborative. I want to extend my thanks to the Board, Rick and the entire Hippo team. I am confident I’m leaving my vision and the successful future of the Company in very capable hands. No other company is better equipped to help homeowners proactively protect their homes than Hippo.” – Assaf Wand.