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HomeTechnologyInsurtechJanover introduces innovative insurtech to transform commercial insurance

Janover introduces innovative insurtech to transform commercial insurance

Janover, a platform utilizing AI for commercial real estate transactions, has unveiled Janover Insurance, its new subsidiary dedicated to commercial property insurance and related services.

Blake Janover, Chairman and CEO of Janover Inc., emphasized the synergies between their expertise in complex transactions and the insurance brokerage model, particularly in multifamily and commercial property finance.

The launch of Janover Insurance aligns with the company’s strategy to diversify its revenue streams by introducing sticky recurring revenue. Janover highlighted the potential of commercial insurance as a high-margin, recurring revenue business, bolstering the company’s growth trajectory without assuming underwriting risk.

Expanding its footprint, Janover Insurance aims to obtain licenses in additional states, with a vision to offer national coverage and expanded product offerings. The company has already secured insurance licenses in Texas and Florida, with ongoing applications in multiple states.

To spearhead its insurance venture, Janover has onboarded seasoned industry executives and a dedicated manager. Collaborations with leading wholesale brokerages aim to enhance insurance offerings and provide clients with diverse solutions.

With a robust content strategy across various platforms, Janover aims to integrate insurance seamlessly into its digital ecosystem, leveraging its extensive online presence to engage clients effectively.

In conclusion, Janover’s foray into insurance reflects its commitment to providing comprehensive financial services and enhancing customer value. Through strategic partnerships and a focus on digital engagement, Janover aims to establish itself as a prominent player in the commercial insurance landscape.