InsurTech Obie is partnering with Digital Partners, a Munich Re company, to provide an instant insurance offering for real estate investors.
The partnership will provide landlords with the ability to obtain bindable insurance quotes for their investment properties within minutes.
Digital Partners, a Munich Re company, provides digitally enabled entrepreneurs with the tools they need to develop innovative insurance experiences. Munich Re is one of the world’s leading providers of reinsurance, primary insurance and insurance-related risk solutions. Digital Partners offers entirely digital, comprehensive go-to market solutions that include insurance capacity, product expertise, and data analytics.
Founded in 2017, Obie said it makes requesting a quote and getting coverage simple, affordable, and transparent. No back-and-forth with brokers or surprise costs at signing.
The InsurTech startup raised a $10.7m in Series A funding led by Battery Ventures while also launching an insurance product offering which focuses on landlords and investment property owners.
With this partnership, landlords and investors will be able to receive rental property insurance faster using Obie’s online platform. By automating the insurance buying experience, landlords save time previously spent shopping for insurance. Now, landlords using Obie’s platform can get an instant quote and coverage.
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