Spinnaker Insurance Company Celebrates 10 Years of Innovation and Client Trust
Spinnaker Insurance Company Celebrates a Decade of Success
Spinnaker Insurance Company, a fully owned subsidiary of Hippo Holdings, is proudly celebrating its 10th anniversary.
Since its inception, Spinnaker has positioned itself as a reliable provider of property and casualty insurance within the program-insurance market. Over the past decade, the company has successfully built a diverse and robust portfolio, covering a wide range of insurance lines, including renters insurance and general liability. Today, it boasts over one million policyholders, reflecting its appeal and trustworthiness in the market.
In 2025, Spinnaker recorded impressive financial results with $510 million in gross written premiums, which marks a 17% increase year-over-year. This growth solidifies the company’s commitment to strategic expansion and stability, with statutory capital reported at $223 million. Such performance underscores Spinnaker's focus on disciplined risk management.
To further enhance its credibility, Spinnaker has received a Financial Strength Rating (FSR) of A- (Excellent) and a Long-Term Issuer Credit Rating of