PriyaPatel
TLDR:
- Jetty partners with Fortegra and Allianz to enhance insurance offerings
- New alliance strengthens Jetty’s financial foundation for core products
Jetty has announced a strategic alliance with Fortegra and Allianz to bolster its insurance offerings, particularly for its core products, Jetty Deposit and Jetty Renters Insurance. This partnership will see Fortegra and Allianz serving as reinsurance providers for all new policies written under Jetty’s offerings. The collaboration aims to provide top-tier insurance solutions for property owners and residents across the United States.
Jetty is recognized for its innovative approach to the rental market, helping property managers improve lease conversions, reduce bad debt, and streamline operations. With partnerships with over 200 real estate firms, Jetty has become the leading security deposit alternative in the market.
Fortegra, a specialty insurer, brings niche market expertise to the partnership, offering tailored insurance solutions. Allianz adds significant financial strength and a global reputation for excellence, contributing to Jetty’s ongoing expansion.
Jetty has experienced rapid growth, achieving over 30% year-over-year unit growth in the first half of the year, reflecting the rising demand for its rental solutions. CEO Mike Rudoy expressed excitement about the partnership, emphasizing Jetty’s commitment to delivering high-quality insurance products.
