Search
  • InsurtechStory

Insurtech company supports industry digitization during social distancing




HousingWire spoke with Ross Diedrich, co-founder and CEO of Covered Insurance, about emerging trends in insurtech, how Covered has supported servicers during the COVID-19 period and what the transition out of this environment might look like.


HousingWire: What are some of Covered’s biggest accomplishments since we last spoke in June 2019?


Ross Diedrich: Covered has gained significant market traction since our last conversation. We like to say we’ve moved from “startup” to “scale-up,” and it has been a fun, rewarding ride.

We now have “anchor” partners in real estate, mortgage origination, mortgage servicing and home services. Our partner leads, conversions to policy sales and revenue growth are on target. We’ve won multiple deals in a competitive environment.

Additionally, we secured a strategic investment from Radian Group, Inc., the leading mortgage insurance company, which provides Covered with industry sponsorship.

It’s worth mentioning that as a digital company we’ve successfully navigated the COVID-19 crisis with remote employee work and customer management while continuing to post record growth.


Read more at www.housingwire.com


Source: Housingwire

0 views

Subscribe to Our Newsletter

  • LinkedIn
  • YouTube

Disclaimer: The Insurtech Story is a non-commercial platform meant purely for educational discussion of insurtech ecosystem and the future of insurance. It contains only general information about insurtech and insurance. There is no business or consulting advice given here, and should not be treated as such.

 

Limitation of warranties: The information on this website is provided “as is” without any representations or warranties, express or implied. The Insurtech Story makes no representations or warranties in relation to the information on this website unless specified.

 

Professional assistance: You must not rely on the information on this website as an alternative to business services of any forms or other professional services of any forms. If you have any specific questions about any matter you should consult your professional services providers.

© 2020 by InsurtechStory.