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Home Science & Technology Startup Nation Tech Bits

Home insurance group Hippo opens global innovation center in Tel Aviv

by  Noga Martin/ILH Startup Editor
Published on  08-27-2021 12:01
Last modified: 08-27-2021 12:01
Home insurance group Hippo opens global innovation center in Tel AvivCourtesy

Shahaf Shakuf | Photo: Courtesy

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Home insurance group Hippo announced this week an expansion of its technology, product and marketing operations by opening its first international office in Tel Aviv.

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The new office will be a center for innovation for the company and will be led by Shahaf Shakuf, who will oversee the growth of Hippo's regional team and the entire spectrum of office functions.

"Hippo has become a leading example of an industry-defining company with its unique, customer-first approach to homeownership," said Shakuf, General Manager, Hippo. "Hippo's mission to transform the US home insurance industry will be supported by a talented team in Israel, which has quickly become a global hub for innovation. I'm thrilled to work alongside a growing team of leaders who are passionate about the innovative products and services behind Hippo and being a part of building the next home insurance franchise."

"We have been scouting Israel's technology scene with interest and enthusiasm and consider it an ideal location for our first international office," said Hippo CTO Ran Harpaz. "We are pleased to have the opportunity to put roots down in Israel and welcome Mr. Shakuf, a deeply experienced technical and business leader, during this crucial time in our growth. We look forward to bringing a widely diverse set of innovative minds together as we build and grow some of the most critical functions of Hippo's business to support our customers."

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