SmartCompliance Partners with Lemonade
December 10, 2020.
SmartCompliance and Lemonade have partnered to streamline the workflow for property management companies. The strategic partnership will combine carrier agnostic renters insurance tracking and compliance with exclusively quoting and binding Lemonade’s renters insurance into one product offering. This will directly benefit property management clients and managers as it will provide a dual offering for residents’ insurance.
“We are excited to collaborate with Lemonade and provide a single solution for residential property managers, real estate companies, and homeowners associations to get and keep renters insured”. “We found in Lemonade a like-minded partner, as we both are technology-driven in our mission and working at the forefront of the Insuretech space”.
James Benham, CEO of SmartCompliance
SmartCompliance will initiate the process of collecting and managing residents’ insurance for the property management companies, while providing these renters easy, one-click access to the Lemonade purchasing portal. There, a renter can seamlessly obtain a quote and purchase insurance within minutes, without requiring any human interaction.
“The SmartCompliance Insurance Tracking & Compliance Management software complements our seamless renters insurance product”. “Together with SmartCompliance, we’ll eliminate the administrative burden associated with renters insurance for property management companies while offering easily accessible renters insurance that is immediately bound through Lemonade”.
Jorge Espinel, Lemonade Chief Business Development Officer
About Lemonade Insurance
Lemonade offers renters, homeowners, and pet health insurance in the United States, contents and liability insurance in Germany and the Netherlands, and renters insurance in France, through its fullstack insurance carriers. Powered by artificial intelligence and behavioral economics, Lemonade set out to replace brokers and bureaucracy with bots and machine learning, aiming for zero paperwork and instant everything. A Certified B-Corp, Lemonade gives unused premiums to nonprofits selected by its community, during its annual Giveback. Lemonade is currently available for most of the United States, Germany, the Netherlands and France and continues to expand globally.
SmartCompliance provides insurance tracking and compliance management solutions to commercial and residential insurance professionals. Their self-service and full-service solutions automate certificate of insurance or proof of insurance renewals, eliminate manual data entry and help ensure end-to-end compliance in the US and Canada. Learn more at smartcompliance.co.