PriyaPatel
TLDR:
- Janover, a B2B FinTech marketplace, has launched a new subsidiary called Janover Insurance Group, which will focus on the commercial property insurance market.
- The new subsidiary will leverage generative AI applications and market data to transform the commercial property insurance industry.
- Initially, Janover Insurance Group will target multifamily and commercial property insurance clients, with plans to expand to include small and medium-sized business (SMB) clients.
- Janover has enlisted Tyler Schapiro, CEO of Flagler Insurance, as a strategic advisor for its commercial insurance arm.
- Janover aims to redefine the commercial insurance space and create an end-to-end tech-first financial services firm.
Janover Inc., a B2B FinTech marketplace, has announced the launch of Janover Insurance Group, a new subsidiary that aims to transform the commercial property insurance industry. The subsidiary will focus on leveraging generative AI applications integrated into Janover’s marketing funnel to innovate within the commercial property insurance realm. With over 88 million annual impressions on Google, Janover Insurance Group hopes to achieve widespread distribution and operational enhancements from the outset. Initially, the subsidiary plans to target multifamily and commercial property insurance clients, with plans to expand its services to include small and medium-sized business (SMB) clients as it scales up. Janover Insurance Group’s strategic expansion aligns with Janover’s core mission of delivering long-term value to shareholders and offering advanced tech-driven solutions to its customers. To strengthen its capabilities, Janover has enlisted Tyler Schapiro, CEO of Flagler Insurance, as a strategic advisor for its commercial insurance arm. Schapiro’s experience in executing roll-up strategies will contribute to Janover’s commitment to excellence and industry leadership. Janover’s Chairman and CEO, Blake Janover, stated that the launch of Janover Insurance Group is a pivotal step in the company’s ongoing journey to improve financial services for commercial real estate and SMB enterprises. Janover believes that its specialized InsurTech arm will solve a meaningful pain point in the market and further enhance its customers’ experience. By leveraging technology and systems that Janover has already built, the firm aims to redefine the commercial insurance space and offer unparalleled service to its clients.
