Hippo is a new start-up that is trying to revolutionize the way consumers purchase home insurance. The company utilizes big data to streamline the process and take it from agencies and agents to online.
Assaf Wand is the CEO of Hippo. He joins Cheddar to explain how Hippo is disrupting the insurance space. Hippo boasts a 90-second process and savings of up to 25%. Wand explains this is due to their use of big data. Hippo tries to foresee any issues in your home and through big data are able to give you an estimate in those 90 seconds rather than the 4 days it normally takes.
Wand explains that Hippo's customer acquisition strategy has been furthered through networking. Their key to success has been getting their product and info in front of new homebuyers so they are exposed to the brand as they are closing on a new deal.
A new study examined the link between mental health and internet use and didn't find that it was consistently linked to negative psychological outcomes.
Amazon announced that it's launching 'Q,' a business ChatBot powered by generative AI tech similar to ChatGPT.
Berkshire Hathaway Vice Chair Charlie Munger has died at the age of 99.
Stocks were up slightly after the opening bell as optimism grew that major central banks may be done raising rates.
How to give back on Giving Tuesday.
What to know about gift giving.
A ransomware attack has prompted a health care chain that operates 30 hospitals in six states to divert patients from at least some of its emergency rooms to other hospitals, while putting certain elective procedures on pause, the company announced.
Amazon rolled out its palm-based identity service for businesses.
Online fashion retailer Sheen is reportedly said to go public. Multiple media outlets reported that the Chinese-founded company has filed confidentially for an initial public offering in the U.S.
Stocks were little changed on Tuesday after a strong month and as earnings reports wind down.
