Ryan Letzeiser
Co-founder/CEO
Obie
Obie provides specialized insurance services for rental properties and landlords, focusing on tailored coverage options that address the unique risks associated with property management. By offering clear policy structures and competitive pricing, Obie helps landlords protect their investments and mitigate financial losses.
- Enterprise Software
- Financial Technology
- Insurance Technology
- Software Only
Updated 14 days ago
Funding
Raised to date
$39MRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Funding rounds are not available yet.
Founders
Product
Problem
Landlords and real estate investors face challenges in securing appropriate and affordable insurance coverage tailored to the unique risks associated with rental properties, often dealing with complex paperwork and lengthy wait times. Property managers also struggle to maintain compliance with owners' insurance policies, leading to potential litigation fees and fines.
Solution
Obie provides a tech-enabled insurance solution designed specifically for landlords and real estate investors, offering instant, bindable quotes and tailored coverage options. The platform streamlines the insurance process, eliminating tedious paperwork and lengthy wait times. Obie also offers embedded insurance options, allowing seamless integration with lender and property management platforms. For property managers, Obie offers PolicyProof, a compliance tool that automates the collection, verification, and approval of owners’ insurance, ensuring properties meet required liability limits and providing interim coverage when needed.
Target Audience
Obie targets landlords, real estate investors, property managers, lenders, and insurance agents seeking efficient, tailored insurance solutions for investment properties.
Features
- Instant, bindable quotes for various property types, including single-family rentals, condos, townhomes, and short-term rentals
- Customizable coverage options to meet specific needs and lender requirements
- Embedded insurance solutions for seamless integration with lender and property management platforms via API
- PolicyProof tool for property managers to automate insurance compliance, including automatic notifications for expiring policies and compliance gaps
- Master Liability Policy to provide interim coverage for non-compliant properties
- Risk Map feature to visualize potential risks for properties
- Digital platform for efficient policy management and streamlined communication