Mitsui Sumitomo news and trends

Insurance Firm Hippo Gets $350M Investment From Mitsui Sumitomo

November 24, 2020
insurance
Quick Reads
Insurance Firm Hippo Gets $350M Investment From Mitsui Sumitomo

November 24, 2020
InsurTech group Hippo Enterprises has announced a capital investment of $350 million from Mitsui Sumitomo Insurance Company, a press release says. Mitsui Sumitomo is a subsidiary of MS&AD Insurance Group Holdings, and Takashi Sato, managing partner for venture arm MS&AD Ventures, will be on Hippo’s board of directors now, the release says. With the investment, […]