Insurance broker Coverdash has partnered with online financial marketplace LendingTree to provide customers with access to business insurance.
This partnership with Coverdash expands LendingTree and its suite of products for SMBs. Coverdash’s fully embedded insurance offering provides business insurance to LendingTree customers without ever having to leave the platform.
In addition, the integration removes traditional barriers to acquiring business insurance and simplifies the process for business owners, helping them manage risk and protect their operations.
Coverdash’s embedded technology enables SMBs to access instant quotes from the nation’s most recognised carriers, allowing them to compare and purchase policies that meet their specific needs.
Furthermore, coverage options include General Liability, Workers’ Compensation, Business Owners Policy, Cyber Insurance and more. Coverdash empowers partners like LendingTree to increase customer engagement, boost revenue, and reduce customer acquisition costs by offering business insurance as an additional product.
“LendingTree’s legacy in financial services is unmatched, and we’re incredibly proud to have our embedded experience power their expansion into business insurance,” said Ralph Betesh, co-founder and CEO of Coverdash. “Meeting financial requirements while starting a business is complex – our partnership lets business owners easily access trusted resources in one place at every stage of their company’s life cycle.”
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By GlobalData“We’ve always played an integral role in helping small businesses get off the ground with our loans and financing programs, so offering business insurance was the natural next step,” added Jenn Ash, General Manager, Small Business & Student Loans at LendingTree. “This partnership with Coverdash deepens our commitment to supporting our customers’ growth, reinforcing our position as their trusted, long-term partner for all of their financial services needs.”