Hippo Holdings Inc. has announced its financial targets for 2028 during its 2025 Investor Day. The company aims to achieve a gross written premium exceeding $2 billion, an adjusted net income greater than $125 million, and an adjusted return on equity of more than 18%. These targets are part of Hippo's strategic framework designed to deliver attractive returns through a diversified portfolio of risk centered on its core home offering. Additionally, Hippo has formed a strategic partnership with The Baldwin Group, which includes distributing its new construction homeowners product through Westwood Insurance Agency's homebuilder network and selling its existing homebuilder distribution network to Baldwin for $100 million. This move is expected to significantly expand the reach of Hippo's New Homes business.
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