Hippo Holdings Inc. (NYSE:HIPO) Q3 2022 Earnings Conference Call November 10, 2022 5:00 PM ET

Company Participants

Cliff Gallant - VP, IR

Richard McCathron - President and CEO

Stewart Ellis - CFO

Conference Call Participants

Yaron Kinar - Jefferies

Michael Phillips - Morgan Stanley

Alex Scott - Goldman Sachs

Tommy McJoynt - KBW

Operator

Good evening. Thank you for attending today's Hippo Third Quarter 2022 Earnings Call. My name is Megan 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 your host, Cliff Gallant. Cliff, please go ahead.

Cliff Gallant

Thank you, operator. Good afternoon, everybody. And thank you for joining Hippo's third 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 both 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. 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 revise 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 of - to GAAP can be found in the third quarter 2022 shareholder letter, which has been furnished to the SEC and available on our website.