Leap is a residential rental security deposit replacement insurance MGA that provides rent guaranty to the student housing, multifamily, and single-family rental markets.

The company distinguishes itself from its peers by developing B2B distribution strategies across various channels, including asset owners, landlords, and other real estate operators. This B2B model allows the company to scale and expand profit margins efficiently.

Leap creates an automated insurance solution, offering a seamless “one-click” user experience integrated directly into the leasing point of sale. This unique product features auto enrollment, departing from the opt-in/opt-opt-out model employed by its competitors and generates higher occupancy for all its clients.

The company has key relationships with residential operators with whom they collaborate to grow their existing distribution network.

CEO

Richard O’Connell

Strategy

Fund I

Stage

Series A+

Location

Jersey City, New Jersey

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