NEW YORK : U.S. online bank Ally Financial has agreed to a partnership with home insurance provider Hippo Holdings Inc that will allow it to offer home insurance policies for the first time, the companies told Reuters.
"As we are a fast-growing company, it's very important for us to have plenty of underwriting capacity to support our growth," McCathron said. "This relationship complements and diversifies the ongoing expansion of Ally's insurance business," Mark Manzo, Ally's president of insurance, said in a statement.
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