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Is it an insurtech, is it a unicorn, is it a hippo? It’s all three! Having raised more than $700m, Hippo – which unlike, Lemonade, is firmly focused on homeowners insurance – is one of the hottest insurtechs on the planet. An IPO may happen this year. But getting to this point wasn’t a given: “When we started the company,” says Assaf, “the VCs kicked us off the stairs and basically said, that’s the dumbest thing ever.”