Hippo to Front $500M Specialty Premiums, Accelerates $2B GWP Goal to 2027
HIPO•Effective July 1, 2026, Hippo will front $500 million in annual gross written premiums across Accelerant's U.S. specialty portfolio, launching full operations by October 1. The deal accelerates Hippo's path to $2 billion GWP in 2027 and lifts its 2028 guidance to $2.5 billion GWP and $140 million adjusted net income.
1. Enhanced Partnership Launch
Effective July 1, 2026, Hippo will serve as fronting carrier for over $500 million in annual gross written premiums across Accelerant’s U.S. specialty insurance portfolio, with the full program commencing October 1, 2026.
2. Accelerated Growth Timeline
The partnership advances Hippo’s goal of $2 billion gross written premiums to 2027, one year ahead of the original plan, reflecting disciplined underwriting and diversification in the specialty segment.
3. Updated 2028 Guidance
Hippo raised its 2028 targets to $2.5 billion gross written premiums and $140 million in adjusted net income, up from prior guidance of $2 billion GWP and $125 million adjusted net income.
4. Strategic Benefits and Risk Analytics
Access to Accelerant’s data-driven risk exchange provides enhanced risk selection tools, expanded distribution channels and direct reinsurance connections, supporting Hippo’s long-term profitable growth strategy.
