Hippo Holdings, Inc. (NYSE:HIPO) Q4 2023 Earnings Conference Call March 6, 2024 8:00 AM ET

Company Participants

Mark Olson - Director of Corporate Communications

Rick McCathron - President & CEO

Stewart Ellis - CFO

Conference Call Participants

Tommy McJoynt - KBW

Yaron Kinar - Jefferies

Matt Carletti - JMP

Operator

Hello, everyone, and welcome to the Hippo Holdings Fourth Quarter 2023 Earnings Call. My name is Charlie, and I'll be coordinating the call today. [Operator Instructions]

I'll now hand over to our host, Mark Olson, Director of Corporate Communications to begin. Mark, please go ahead.

Mark Olson

Thank you, Operator. Good morning, and thank you for joining Hippo's 2023 fourth quarter earnings call. Earlier today, Hippo issued a shareholder letter announcing its Q4 and full year results, which is available at investors.hippo.com. Leading today's discussion will be Hippo's President and Chief Executive Officer, 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 and 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 forecast, including those set forth to 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 section 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 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 of GAAP can be found in the fourth quarter 2023 shareholder letter, which has been furnished to the SEC and available on our website.