About company
The company is committed to democratizing financial stability for all Americans by harnessing cutting-edge technology to make insurance more affordable and accessible. Their flagship product, Hugo, represents the world's first pay-as-you-drive liability insurance, eliminating hefty upfront fees. Instead, Hugo offers coverage with a small prepayment, allowing policyholders to pause their coverage via text message. The team comprises a dedicated group of engineers, insurance experts, data enthusiasts, and community builders united by the goal of creating sustainable financial services that benefit consumers across the board.
Key Details:
- Location: The company is headquartered in West Hollywood, United States.
- Founders: Hugo Insurance Services was founded by David Bergendahl.
- Foundation Date: The company was established in the year 2016.