Hippo Welcomes Insurance coverage Trade Chief John 'Jay' Nichols Jr. to Board of Administrators – Enterprise WireAugust 17, 2022
PALO ALTO, Calif.–(BUSINESS WIRE)–Hippo (NYSE: HIPO), the house insurance coverage group targeted on proactive dwelling safety, at the moment introduced an addition to its Board of Administrators: John “Jay” Nichols Jr. will be part of to assist the corporate’s imaginative and prescient of defending the enjoyment of homeownership. Nichols will serve on Hippo’s Compensation Committee in addition to the Audit, Threat and Compliance Committee.
Nichols, an achieved insurance coverage and reinsurance government with greater than 4 a long time of expertise, has held a number of management and board positions all through his profitable profession. Most just lately, Nichols served as Interim Chief Govt Officer and Chairman of the Board at Protecting Insurance coverage Firm the place he oversaw the acquisition of the corporate by Progressive Insurance coverage Firm.
“Jay brings unparalleled trade expertise as an operator, chief and board member,” stated Hippo President and CEO Rick McCathron. “He might be a useful asset as we proceed our journey to reimagine dwelling insurance coverage, serving to clients stop small issues from turning into huge issues.”
“All through my profession, householders have constantly requested for a greater insurance coverage expertise,” Nichols stated. “Hippo’s proactive strategy to dwelling safety, which incorporates trendy protection, sensible dwelling know-how, and Hippo House Care, is exclusive within the trade and has the transformative potential to vary the way in which individuals take into consideration dwelling insurance coverage.”
Previous to Protecting, Nichols was the CEO of Axis Reinsurance Ltd. and held numerous roles, together with President, throughout a fifteen-year stint at RenaissanceRe Ventures Ltd. He at the moment serves on the boards of Delaware North Firms, Brit Re and Sussex Re, Enhanzed Re, Chelsea Avondale / Max Insurance coverage Firm, and beforehand served on the board of Nationwide Common Insurance coverage Firm.
Hippo is defending the enjoyment of homeownership, serving to to safeguard clients’ most vital monetary asset by harnessing the ability of real-time knowledge, sensible dwelling know-how, and a rising suite of dwelling providers to ship proactive dwelling safety.
Hippo Holdings Inc. working subsidiaries embrace Hippo Insurance coverage Companies, Hippo House Care, First Join Insurance coverage Companies, Spinnaker Insurance coverage Firm, Spinnaker Specialty Insurance coverage Firm, and Mainsail Insurance coverage Firm. Hippo Insurance coverage Companies is a licensed property casualty insurance coverage agent with merchandise underwritten by numerous affiliated and unaffiliated insurance coverage firms. For extra data, together with licensing particulars, go to http://www.hippo.com.