Esusu Partners with Sure to Offer Renter’s Insurance

Sure now offers renters insurance through the Esusu Renters Marketplace, using its technology to provide better financial outcomes for the Esusu community.

(Image source: Sure homepage.)

Sure, a Santa Monica, Calif.-based provider of SaaS infrastructure to distribute, service, and scale digital insurance, has announced a partnership with Esusu (New York), a provider of a financial technology platform leveraging rent reporting for credit building, to offer renters insurance through the Esusu Renters Marketplace.

Wayne Slavin, Co-Founder and CEO, Sure.

Esusu reports on-time rent payments to the three major credit bureaus (Equifax, Transunion, and Experian) to establish and boost credit scores for residents and is now using Sure’s digital insurance infrastructure to provide renters insurance to the millions of Americans without access to the financial system. Through the partnership, Sure is deploying its technology to help achieve better financial outcomes for the underserved communities Esusu supports.

Samir Goel, Co-Founder and Co-CEO, Esusu.

“Esusu is the epitome of a mission-driven company, helping those that are underserved in the financial system build financial stability through opportunities they wouldn’t otherwise have,” comments Wayne Slavin, co-founder and CEO, Sure. “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.”

Frictionless, End-to-End Digital Experience

Wemimo Abbey, Co-Founder and Co-CEO, Esusu.

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, according to a statement from Sure. Collaborating with Sure, Esusu can now offer renters a frictionless, end-to-end digital experience for renters insurance through Sure as they work to achieve a stronger financial future, the statement says.

“We are excited to partner with Sure and bring a differentiated amenity to our communities,” says a statement from 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 Sure, 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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Anthony R. O’Donnell // Anthony O'Donnell is Executive Editor of Insurance Innovation Reporter. For nearly two decades, he has been an observer and commentator on the use of information technology in the insurance industry, following industry trends and writing about the use of IT across all sectors of the insurance industry. He can be reached at AnthODonnell@IIReporter.com or (503) 936-2803.

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