Assaf Wand is the Co-founder and CEO of insurtech startup Hippo. Based in Palo Alto, CA, the company is modernizing home insurance through the lens of homeowners – building policies with more comprehensive coverage for today's consumers at up to 25% less than competitors.
Prior to Hippo, Wand was founder and CEO of Sabi, which designed and produced elegant everyday products (Sabi was acquired in 2015), a consultant with McKinsey & Company and an investor with Intel Capital. He has an MBA from the University of Chicago and a BA in finance and LLB in Law from the IDC Herzliya in Israel.
In this episode, we learn how Assaf and the team at Hippo are modernizing the $100 billion home insurance industry. Now at unicorn status, Hippo is using data to deliver better and cheaper insurance policies to homeowners. Assaf talks about the importance of having a co-founder that counters you on a psychological level and notes why he and his co-founder, Eyal Navon, align in values. More often than not, companies fail due to misalignment between founders. Fun fact: Assaf reads The Fountainhead by Ayn Rand every few years. Listen until the end for the best falafel place in the world.