Rick McCathron, CEO and president of Hippo, an insurtech firm addressing climate challenges, dives into innovating home insurance strategies. He discusses how Hippo leverages technology for competitive edge, smart home packages, and data-driven pricing. With Harvard’s Lauren Cohen, they explore adapting underwriting models to extreme weather events. Topics include consumer behavior shifts towards tech solutions and how new entrants improve claims processes while traditional insurers struggle. Together, they highlight the essential role of AI in predicting risks and enhancing customer engagement.
