News

Insurance

Staff Reporter

, Japan

Published:

11 months ago

Photo by Adi Goldstein from Unsplash

Japanese tech firms create embedded property insurance for online real estate

The insurance will be offered to RENOSY customers.

GA Technologies and Finatext have launched a joint venture in the online real estate marketplace.

Both Japanese firms developed a system that provides Embedded Property Insurance available for RENOSY customers, an online real estate marketplace.

ALSO READ: Suzuki Malaysia has appointed Tokio Marine as its sole panel insurer

Subsequently, Tokio Marine & Nichido Fire Insurance (TMNF) plans to offer Embedded Property Insurance to buyers of investment properties via RENOSY starting April 2023.

GA Technologies and Finatext have formed a unique partnership to introduce embedded insurance for the online real estate marketplace in Japan.

This collaboration between the real estate and insurance sectors is said to offer a seamless customer experience, enhance convenience, and mitigate uninsured risk for customers.

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