Hippo Holdings Inc., the U.S. parent company of Hippo Insurance, has announced the promotion of Laura Boettcher, ARe, to chief operating officer.
The company said her role now extends across the group, overseeing operations at an integrated level while continuing to support an operational approach focused on efficiency and customer service.
Rick McCathron, President and CEO of Hippo Holdings, commented on the appointment: “Laura has been a valuable part of Hippo’s leadership team for nearly five years and has earned the trust of our Executive Committee and Board of Directors,” said Rick McCathron, President and CEO of Hippo Holdings.
“She has built her career in reinsurance, responsible for key operational functions and always focused on building the business that serves our customers, partners and shareholders. I am confident she will bring the same expertise and commitment to this expanded role.”
Boettcher has nearly two decades of experience in the insurance and reinsurance sectors, with Hippo Holdings highlighting her background in financial management, operational leadership and strategic delivery. She has been chief operating officer of Hippo Insurance since February 2024 and the company said she is responsible for core operational activities while balancing service delivery and business requirements.
Prior to that, she served as chief of staff to Hippo’s CEO and director of reinsurance. Prior to joining the company, she served as senior vice president at Guy Carpenter, where she developed reinsurance strategies for personal lines clients, including Hippo Insurance.
“I’m proud of what we’ve built in our operations and excited about what’s next,” said Boettcher. “My focus has always been on running a business that delivers for our customers and lays the foundation for our sustainable growth, and that will not change in this role. I look forward to applying the best of what we have learned at Hippo Insurance to the wider Hippo Holdings organization.”
Hippo Holdings notes that earlier in her career, she held senior positions in finance and operations at both start-up and established insurance companies. At Home Value Protection, a Kleiner Perkins-backed startup, she helped build the financial planning and analysis function as part of the executive team.
At CompWest Insurance, she led business intelligence and strategic financial planning, reporting directly to the CEO, overseeing forecasting, KPI development and process improvements that the company said resulted in more than $1 million in cost efficiencies.
