Hippo Holdings Inc. (HIPO) Q1 2025 Earnings Call Transcript

2025-05-07 20:11:03 ET

Hippo Holdings Inc. (HIPO)

Q1 2025 Results Conference Call

May 7, 2025 5:00 PM ET

Company Participants

Mark Olson - Director, Corporate Communications

Rick McCathron - President and Chief Executive Officer

Guy Zeltser - Chief Financial Officer

Conference Call Participants

Andrew Andersen - Jefferies

Presentation

Operator

Good afternoon. Thank you for attending the Hippo First Quarter 2025 Earnings Call. My name is Cameron and I'll be your moderator for today. All lines will be muted during the presentation portion of the call with an opportunity for questions and answers at the end. [Operator Instructions] And I would now like to pass the conference over to your host, Mark Olson, Director of Communications. You may proceed.

Mark Olson

Thank you, operator. Good afternoon, and thank you for joining Hippo's 2025 first quarter earnings call. Earlier today, Hippo issued a shareholder letter announcing its Q1 2025 results, which is available at investors.hippo.com. Leading today's discussion will be Hippo President and Chief Executive Officer, Rick McCathron, Chief Financial Officer, Guy Zeltser, and Stewart Ellis, Chief Strategy Officer. Following management's prepared remarks, we will open up the call to questions.

Before we begin, we'd like to remind you that our discussion will contain predictions, expectations, forward-looking statements, and other information about our business that are based on management's current expectations as of the date of this presentation. Forward-looking statements include, but are not limited to, Hippo’s expectations or predictions of financial and business performance and conditions and competitive and industry outlook. Forward-looking statements are subject to risks, uncertainties, and other factors that could cause our actual results to differ materially from historical results and or from our forecast, including those set forth in Hippo’s Form 10-Q filed today. For more information, please refer to the risks, uncertainties, and other factors discussed in Hippo’s SEC filings, in particular in the section entitled risk factors in our Form 10-Q. All cautionary statements are applicable to any forward-looking statements we make whenever they appear. You should carefully consider the risks and uncertainties and other factors discussed in Hippo’s SEC filings. Do not place undue reliance on forward-looking statements as Hippo is under no obligation and expressly disclaims any responsibility for updating, offering, or otherwise revising any forward-looking statements, whether as a result of new information, future events, or otherwise except as required by law....

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