Hippo Holdings Inc. (NYSE:HIPO) Q4 2022 Results Conference Call March 2, 2023 5:00 PM ET

Company Participants

Cliff Gallant - Investor Relations

Rick McCathron - President and Chief Executive Officer

Stewart Ellis - Chief Financial Officer

Chris Donahue - Chief Underwriting Officer

Conference Call Participants

Matt Carletti - JMP Securities

Tommy McJoynt - KBW

Alex Scott - Goldman Sachs

Pablo Singzon - JP Morgan

Operator

Good afternoon. Thank you for attending today's Hippo Fourth Quarter ‘22 Earnings Call. My name is Hanna and I'll be your moderator for today's call. All lines will be muted during the presentation portion of the call with an opportunity for questions and answers at the end [Operator Instructions].

I would now like to pass the conference over to our host, Cliff Gallant, Investor Relations. Please go ahead.

Cliff Gallant

Thank you, operator. Good afternoon, everybody. And thank you for joining Hippo's fourth quarter earnings conference call. Earlier Hippo issued a shareholder letter announcing its results, which is available at investors.hippo.com. Leading today's discussions will be Hippo's Chief Executive Officer and President, Rick McCathron; and Chief Financial Officer, Stewart Ellis. Following management's prepared remarks, we will open up the call to questions. Before we begin, I'd like to remind you that our discussion will contain predictions, expectations, forward-looking statements and other information about our business that are based on management's current expectations as of the date of this presentation. Forward-looking statements include, but are not limited to, Hippo's expectations or predictions of financial and business performance and conditions in competitive and industry outlook.

Forward-looking statements are subject to risks, uncertainties and other factors that could cause our actual results to differ materially from historical results and/or from our forecasts, including those set forth in Hippo's Form 8-K filed today. For more information, please refer to the risks, uncertainties and other factors discussed in Hippo's SEC filings in particular in the sections entitled Risk Factors. All cautionary statements are applicable to any forward-looking statements we make whenever they appear. You should carefully consider the risks and uncertainties and other factors discussed in Hippo's SEC filings. And do not place undue reliance on forward-looking statements as Hippo is under no obligation and expressly disclaims any responsibility for updating, altering or otherwise revising any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. During this conference call, we will also refer to non-GAAP financial measures, such as total generated premium and adjusted EBITDA. Our GAAP results and description of our non-GAAP financial measures with a full reconciliation to GAAP can be found in the third quarter 2022 shareholder letter, which has been furnished to the SEC and available on our Web site.