Jetty, anew insurance provider, has launched in multiple states to provideinsurance specifically designed for city dwellers.
|The company offers a variety of traditional insurance products, as well asJetty Passport, a suite of unique renters services which help tenants forgorequirements like posting a security deposit or finding aguarantor.
|Jetty's insurance plans are now available in Pennsylvania,Illinois, and Georgia; Jetty Passport is now available inPennsylvania, Illinois, Georgia, New Jersey, and Florida, withplans for expansion for all offerings throughout theyear.
|Jetty has raised $4 million to date in seed funding from astrategic group of investors, including Ribbit Capital, Box Group,Social Capital, SV Angel, Red Swan, MetaProp NYC and Solon MackCapital.
|Catalyzingtraditional insurance
The entire Jetty experience, from initial sign-up and filing claimsto protecting valuables and personal electronics, is completedthrough a paperless experience on Jetty'swebsite. Jetty has partnered with Munich Re, the world's largest reinsurer, toprovide robust financial support for the company's products.
Starting plans provide offer a variety of coverages, including:property, liability and medical, among others.
|For more specific insurance requirements, such as protectingvaluable, high-ticket items, users can turn to Jetty Power-Ups.Power-Ups categories can range from jewelry and designer handbags to audio gear andartwork.
|Additional modern coverage options employed by Jetty providescoverage for customers who rent out their apartment on services like Airbnb; also, all Jettyusers receive the Jetty "bed bugs" Power-Up, which helps offset thecost of an exterminator for victims of bed bugs.
|Modernizingmembership benefits
Jetty says it will remove hurdles for city dwellers byoffering a suite of membership benefits to provide discounts andpromotions on services such as food and beverage, housewares, homeservices and more.
These benefitshelp foster continued customer engagement beyond the initialsign-up while delivering further value to members — from move-inday and beyond. Partnerships at launch include Thrive Market,Laurel & Wolf, Winc, and more, with others addedregularly.
|"Our vision is to create an insurance brand perfectly tailoredto this demographic [modern urban consumers], spanning numerousproduct lines and challenging traditional divisions betweeninsurance providers as regards their productportfolios," said Michael Rudoy, co-founder and CEO ofJetty.
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