Kanguro Insurance, an innovative insurance provider recognised for its AI-powered pet health insurance plans, is expanding its offerings into renters insurance, starting with the Texas market.
The company aims to revolutionise the renters insurance landscape by leveraging its advanced technology and customer-centric approach.
The expansion into the new market segment comes as a response to the growing need for accessible and affordable coverage in the space. Kanguro Insurance is committed to providing streamlined, tech-forward products directly to consumers, particularly focusing on serving the Latino community in Texas.
The newly introduced product offers several key features designed to enhance the customer experience. These include AI-powered policy creation, affordable premiums tailored to fit customers’ budgets, and a simplified claims process for added convenience.
One standout feature is its fully bilingual support, available in both English and Spanish. This bilingual approach is aimed at making the insurance experience more inclusive and accessible for the Latino community in Texas, reflecting the company’s commitment to diversity and inclusion.
For potential partners, Kanguro Insurance’s expansion into renters insurance presents significant opportunities. Partnerships with insurance agencies and property managers can offer a cutting-edge insurance solution to customers while tapping into the growing market for renters insurance, particularly within the Latino demographic.
“We recognise the need for accessible and affordable renters insurance,” said Andrés Mishaan, CEO of Kanguro Insurance. “By leveraging our technology and customer-centric approach, we’re aiming to revolutionise the renters insurance market just as we did with pet insurance, easy to buy and easy to use.”
Nicholas Hanabergh, President of Kanguro added “We are well-positioned to assist renters and property managers in Texas in safeguarding their personal property and being protected against unforeseen liabilities.”
Copyright © 2024 InsurTech Analyst
