Duuo, a Canadian digital insurance company, has launched an embedded insurance offering in partnership with property management software company Tenantcube.
Tenantcube was founded by an Ontario-based landlord who wanted to give all landlords the confidence to manage their properties on their own, and from any device. With the main goal of helping landlords spend more time with their families and less time on paperwork, Tenantcube digitalises the entire renting process.
According to Duuo, this “seamless purchase experience” is a significant step forward in the digital insurance space, allowing Canadians to purchase affordable insurance coverage through their preferred platform in one continuous flow.
The integration allows tenants to get a quote and purchase Duuo Tenant Insurance in just a few clicks.
In addition to receiving a confirmation of insurance purchase from each tenant who selects Duuo as their coverage provider, landlords and property managers using the Tenantcube platform will also be notified if a tenant cancels their policy, adding an extra layer of peace of mind to the entire process.
As a landlord himself, Tenantcube founder and CEO Andrew Moses is excited about this step in the rental experience. “When we originally partnered with Duuo, we were excited about the extensive coverage they could offer our tenants at an affordable rate.
“Now, with the addition of the embedded purchase flow, tenants don’t have to navigate off the Tenatcube platform to get covered, and landlords and property managers can get all required rental information, including proof of coverage, sent together in one communication.”
Sunni Shannon, Duuo partnerships manager, added, “We’re excited to have found a partner in Tenantcube that supports our technology-first approach. We look forward to exploring the ways we can continue to make it easier for property managers to get their tenants covered.”
Obie, an InsurTech startup that offers insurance risk management for real estate investors, recently partnered with digital lending marketplace LoanBase.
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