Cold Call / Episode 232

How One Insurtech Firm Formulated a Strategy for Climate Change

Listen | Podcast loading...

Hippo is poised to disrupt the insurance industry, but can it weather the effects of climate change?

All episodes
June 04, 2024

The Insurtech firm Hippo was facing two big challenges related to climate change: major loss ratios and rate hikes. The company used technologically empowered services to create its competitive edge, along with providing smart home packages, targeting risk-friendly customers, and using data-driven pricing. But now CEO and president Rick McCathron needed to determine how the firm’s underwriting model could account for the effects of high-intensity weather events.

Harvard Business School professor Lauren Cohen discusses how Hippo could adjust its strategy to survive a new era of unprecedented weather catastrophes in his case, “Hippo: Weathering the Storm of the Home Insurance Crisis.”

Latest in this series

All episodes