By Gloria Methri
March 06, 2023
- Credit Scores
- Digital Insurance Company
Digital insurance provider Sure has joined forces with FinTech Esusu to offer renters insurance through the Esusu Renters Marketplace. Esusu reports on-time rent payments to three major credit bureaus (Equifax, Transunion, and Experian) to establish and boost credit scores for residents.
It will now utilize Sure’s digital insurance infrastructure to provide renters insurance to Americans shut out of the financial system. Through the partnership, Sure will deploy its technology to help empower better financial outcomes for the underserved communities supported by Esusu.
Wayne Slavin, co-founder, and CEO of Sure said, “Using Sure’s embedded insurance APIs, Esusu is now able to seamlessly add renters insurance to its suite of services available to underserved communities who want to achieve financial wellness. We are proud to support Esusu’s mission and excited to see how many lives we can touch through our partnership.”
The Esusu Renters Marketplace was built to unlock the resources that make renting easier with a hand-picked list of services and programs focused on financial support and well-being. Collaborating with Sure, Esusu can now offer renters a frictionless, end-to-end digital experience for renters insurance.
“We are excited to partner with Sure and bring a differentiated amenity to our communities,” said Wemimo Abbey and Samir Goel, Co-Founders and Co-CEOs of Esusu. “Sure understands the win-win-win proposition that positively impacts renters’ lives, improves asset performance, and contributes to society at large through spurring economic mobility. Working with the InsurTech, Esusu is able to provide holistic financial resources that complement our existing platform to drive credit and wealth building. By integrating Sure into Esusu’s Renters Marketplace, we take a significant step forward towards providing a one-stop-shop for resident financial health.”
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Alice J. Roden started working for Trending Insurance News at the end of 2021. Alice grew up in Salt Lake City, UT. A writer with a vast insurance industry background Alice has help with several of the biggest insurance companies. Before joining Trending Insurance News, Alice briefly worked as a freelance journalist for several radio stations. She covers home, renters and other property insurance stories.