Assaf Wand, co-founder of Hippo Holdings and former CEO, has played a huge role in shaping the company. Under his leadership, Hippo became known for its innovative approach in the insurtech space. Assaf started his career after earning an MBA...
Assaf Wand, co-founder of Hippo Holdings and former CEO, has played a huge role in shaping the company. Under his leadership, Hippo became known for its innovative approach in the insurtech space. Assaf started his career after earning an MBA from the University of Chicago and founded Sabi Inc. before launching Hippo in 2015. His time as CEO lasted until June 2022, during which he implemented long-term growth strategies. While he has a background in finance and law from his studies in Israel, his real strength lies in his bold vision for insurance technologies. After stepping down from the CEO position, he shifted to become Executive Chairman, focusing on guiding the company's future direction. Interestingly, Assaf saw a notable change in his compensation in 2022, where he earned a base salary of around $352,292 without any bonuses or stock options. This highlights a change in his role and focus within the company. His insider trading showed significant stock value fluctuations, peaking at over $164 million in August 2021 before declining, indicating the volatile nature of the market he navigates. Assaf Wand remains a key figure in Hippo’s journey, leveraging his experience and insights to guide the company into new horizons.