Fortegra and Allianz partner with Jetty to
form a reinsurance panel for their core product
offerings
NEW
YORK, Aug. 8, 2024 /PRNewswire/ -- Jetty, the
fintech company on a mission to make renting a home more affordable
and effortless, today announced a new partnership with Fortegra and
Allianz. Under the terms of the partnership, Fortegra and Allianz
will become the reinsurance providers for all new policies written
under Jetty's core products: Jetty Deposit and Jetty Renters
Insurance.
"This marks an exciting chapter for Jetty," said Mike Rudoy, CEO of Jetty. "Our partnership with
Fortegra and Allianz underscores our dedication to delivering
top-tier insurance solutions for properties and residents."
Fortegra and Allianz offer a robust financial foundation and a
reputation for excellence, perfectly aligning with Jetty's ongoing
growth. Jetty has partnered with over 200 real estate companies,
representing more than three million units nationwide. The company
has consistently showcased impressive expansion, achieving over 30%
year-over-year unit growth in the first half of this year. This
extensive network distinguishes Jetty as the leading security
deposit alternative in the market.
Jetty works with top property managers across the country to
increase lease conversions, reduce bad debt, and streamline
operations—thereby increasing net operating income. Partners
include Greystar, Morgan Properties, Cortland, Village Green, and many more.
ABOUT JETTY
Jetty is a financial services platform on
a mission to make renting a home more affordable and accessible for
everyone. Jetty offers a suite of financial products that serve the
needs of renters and multifamily owners/operators: Jetty Deposit, a
security deposit alternative; Jetty Protect, a modern renters
insurance product; and Jetty Credit,
a credit building service. Jetty's network of property owners and
operators own and manage millions of rental units across the
country. Learn more at jetty.com.
ABOUT FORTEGRA
For more than 45 years, Fortegra, via
its subsidiaries, has underwritten risk management solutions that
help people and businesses succeed in the face of uncertainty. As a
multinational specialty insurer whose insurance subsidiaries have
an A.M. Best Financial Strength Rating of A- (Excellent)* they
offer a diverse set of admitted and excess and surplus lines
insurance products and warranty solutions. Learn more at
fortegra.com.
* Fortegra Belgium Insurance Company, NV has not yet been rated
by A.M. Best.
ABOUT ALLIANZ
The Allianz Group is one of the world's
leading insurers and asset managers with around 125 million*
private and corporate customers in nearly 70 countries. Allianz
customers benefit from a broad range of personal and corporate
insurance services, ranging from property, life and health
insurance to assistance services to credit insurance and global
business insurance. Allianz is one of the world's largest
investors, managing around 746 billion
euros** on behalf of its insurance customers. Furthermore,
their asset managers PIMCO and Allianz Global Investors manage
about 1.8 trillion euros** of
third-party assets. Thanks to their systematic integration of
ecological and social criteria in their business processes and
investment decisions, they are among the leaders in the insurance
industry in the Dow Jones Sustainability Index. In 2023, over
157,000 employees achieved total business volume of 161.7 billion euros and an operating profit of
14.7 billion euros for the group.
Learn more at allianz.com.
* Including non-consolidated entities with Allianz
customers.
** As of March 31, 2024.
CONTACT
Jetty
Kayla Kirby
kayla.kirby@jetty.com
View original content to download
multimedia:https://www.prnewswire.com/news-releases/jetty-announces-partnership-with-fortegra-and-allianz-302218080.html
SOURCE Jetty