Photo by Adi Goldstein from Unsplash
Japanese tech firms create embedded property insurance for online real estate
The insurance will be offered to RENOSY customers.
GA Technologies and Finatext have launched a joint venture in the online real estate marketplace.
Both Japanese firms developed a system that provides Embedded Property Insurance available for RENOSY customers, an online real estate marketplace.
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Subsequently, Tokio Marine & Nichido Fire Insurance (TMNF) plans to offer Embedded Property Insurance to buyers of investment properties via RENOSY starting April 2023.
GA Technologies and Finatext have formed a unique partnership to introduce embedded insurance for the online real estate marketplace in Japan.
This collaboration between the real estate and insurance sectors is said to offer a seamless customer experience, enhance convenience, and mitigate uninsured risk for customers.