Case Study: Hippo Insurance improves wildfire risk modeling and reinsurance pricing with Smarty rooftop geocoding

Hippo improves risk modeling and reinsurance pricing with Smarty in 3 years

Hippo Insurance, a property insurance company, faced the challenge of predicting future wildfire and weather risk for pre-construction homes, which required precise location data that was not yet available in standard databases. This precise data was critical for accurate catastrophe modeling and for securing reinsurance. To solve this, they partnered with Smarty and implemented its US Rooftop Geocoding product.

By using Smarty's rooftop-level geocoding, Hippo gained the exact location data needed for accurate risk modeling. This solution allowed them to confidently predict risks, understand their exposure, and secure better pricing on reinsurance. The results included improved confidence in their models and long-term cost savings.

Hippo Insurance