Chamath Palihapitiya backs UK insurance start-up Flock

Kimiko G. Judith

Undertaking capitalist Chamath Palihapitiya. Mark Kauzlarich/Bloomberg through Getty Images LONDON — On June 3, one particular of London’s best days of the year so far, Chamath Palihapitiya, an early Facebook executive turned tech investor, experienced lunch on the rooftop of The Ned lodge with the co-founders of insurance begin-up Flock: […]

Insurance Startup Hippo to Go Public in $5 Billion SPAC Merger

Kimiko G. Judith

Residence-insurance policy know-how upstart Hippo Enterprises Inc. is teaming with a specific-objective acquisition enterprise to go public, the latest insuretech small business to faucet equity marketplaces and obstacle common insurers head-on. The six-yr-old Hippo, based in Palo Alto, Calif., will go general public via a merger with Reinvent Engineering Companions […]