Source: PYMNTS

“This partnership marks an important step in LendingTree’s evolution by expanding its services for small businesses beyond loans and financial products to now include comprehensive insurance solutions,” the companies said in a news release.

Coverage options include general liability, workers’ compensation, business owners’ policies and cyber insurance.

“By integrating Coverdash’s business insurance offering, LendingTree not only enhances its own platform but also empowers small businesses to reduce their risk profile, increasing their chances of securing a loan and supporting their long-term growth,” the release added.

“We’ve always played an integral role in helping small businesses get off the ground with our loans and financing programs, so offering business insurance was the natural next step,” said Jenn Ash, general manager for small business and student loans at LendingTree. “This partnership with Coverdash deepens our commitment to supporting our customers’ growth, reinforcing our position as their trusted, long-term partner for all of their financial services needs.”

The company’s embedded technology lets partners in any industry offer insurance to their customers within their front-end environments with a single line of code.

Read the full article: https://www.pymnts.com/insurance/2024/lendingtree-and-coverdash-team-to-insure-small-businesses/