8 years ago

InsureStreet Secures £512k for Rental Insurance Platform

  • InsureStreet, a London-based insurtech startup, raised £512k in seed funding from investors including Vin Murria, Charles Burgess, Christopher Raymond McKee, Nick Martin, and Catherine Hardiman

  • The startup offers an insurance platform for the property rental market, replacing cash deposits with on-demand policies and providing renters with a digital RentPassport™ to validate their profile

  • The platform rewards good behavior with lower policy premiums at renewal

  • InsureStreet is regulated by the FCA and is selectively piloting with insurance partners such as HISCOX, Experian, Urban Spaces, Get Living, Quintain (Tipi), Essential Living, Atlas Residential, Walten & Allen, and Fifty Thousand Homes.

      • ProblemFinancial Services

      "InsureStreet aims to replace traditional cash deposits and agency fees in the property rental market with on-demand insurance policies, addressing the financial burden on renters."

      Solution

      "InsureStreet provides a RentPassport™ that validates renters' profiles and offers them instant insurance quotes to cover their deposit, replacing the need for cash deposits with a one-off payment for an insurance policy."

      Covered on