Kanguro Insurance coverage hops into renters’ insurance coverage market

Insurtech Kanguro Insurance coverage is increasing past pet cowl, saying its foray into the renters’ insurance coverage market.

Focusing initially on Texas, Kanguro is in lively search of partnerships with insurance coverage companies and property managers whereas rolling out a technology-driven renters’ insurance coverage product direct to shoppers.

Lifting the lid on the growth, Kanguro chief government Andrés Mishaan mentioned: “We acknowledge the necessity for accessible and inexpensive renters’ insurance coverage. By leveraging our know-how and customer-centric method, we’re aiming to revolutionize the renters’ insurance coverage market simply as we did with pet insurance coverage – straightforward to purchase and simple to make use of.”

Options of Kanguro’s new providing embody coverage creation utilizing synthetic intelligence. What this implies, in accordance with the insurtech, is entry to fast, personalised protection choices. Different advantages are cost-effective premiums designed to accommodate numerous budgets, and a streamlined claims course of for immediate and environment friendly help.

Moreover, the proposition is totally bilingual in English and Spanish, tailor-made to make sure accessibility for the Latino group.

Kanguro president Nicholas Hanabergh had this to say concerning the growth: “We’re well-positioned to help renters and property managers in Texas in safeguarding their private property and being protected in opposition to unexpected liabilities.”

For potential companions, in the meantime, Kanguro outlined quite a few benefits. Companions can diversify their portfolio, interact a booming phase with vital progress potential, and optimize operational effectivity via Kanguro’s platform, it mentioned.

Companions may also profit from Kanguro’s help with intensive coaching.

Identified for integrating know-how into its merchandise, Kanguro initially made its mark within the pet insurance coverage sector and now hopes to copy its success within the renters’ insurance coverage market, in keeping with aspirations to be a one-stop-shop insurtech.

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