Janover launches its insurtech startup, Janover Insurance Group

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GlobeNewswireJanuary 9, 20243 min

Janover Inc., an AI-enabled platform for commercial real estate transactions, announced that it has launched a new insurtech as a wholly owned subsidiary, Janover Insurance Group. This new venture is set to seamlessly integrate with Janover’s powerful generative AI applications and directly plug into its industry-leading marketing funnel. By leveraging Janover’s marketing funnel, which has over 88 million annual impressions on Google, Janover Insurance Group is expected to immediately gain broad distribution and enhance operational efficiencies.

Janover Insurance Group aims to transform the landscape of commercial property insurance through the application of generative AI and its unique access to data on the commercial property market. Initially focusing on multifamily and commercial property insurance, the subsidiary plans to expand its services to include Small and Medium Business (“SMB”) clients as it scales. This strategic expansion is aligned with Janover’s mission to deliver long-term shareholder value and enhance the success of its ecosystem by providing comprehensive, tech-first solutions to its commercial, multifamily, and small business entrepreneur customers.

“Our entrance into insurtech with Janover Insurance Group signifies a pivotal step on our ongoing journey to improve financial services for commercial real estate and SMB enterprises by building best in class, tech first solutions where they are most needed,” said Blake Janover, Chairman and CEO of Janover Inc. “We believe that this specialized insurtech arm is the ideal product to add to our ecosystem as it solves a meaningful pain point in the market and leverages technology and systems we’ve already built. Our expertise in the practical application of generative AI and building marketplaces, combined with our robust marketing capabilities, positions us uniquely to redefine the commercial insurance space and offer unparalleled service to our clients.

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