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.
The Week's Top Stories is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street. This week we focus on MGM Resorts, Clorox, United Airlines, Google and HP.
Air travel costs are up but there are ways to make the airport experience better and cheaper. Travel journalist Francesca Page joined Cheddar News to provide how to bring those costs down while traveling, especially ahead of the holiday season.
The nation’s employers added 336,000 jobs in September, an unexpectedly robust gain and the largest monthly rise since January, evidence that many companies remain confident enough to keep hiring despite high-interest rates and a hazy outlook for the economy.
