Super, an InsurTech that provides subscription care for the home, has acquired home warranty business Platinum Home Warranty.
Super said the combination brings together Platinum’s in-house technician approach to service delivery, and its own data-driven approach to driving high performance of third-party contractors, to create new opportunities to drive more value for customers in the care of their home.
Initially, Super will set up the company to operate as a standalone division under the Platinum Home Warranty name, and service and support will continue uninterrupted for customers.
Super added the acquisition complements its performance-driven service delivery model with third-party contractors with the addition of Platinum’s in-house team of technicians that service customer claims. Adding a team of in-house technicians to Super’s vetted network of contracted service providers will offer “compelling benefits of reduced financial risks, support of in-field research & development efforts, and enhanced quality control,” the company said.
Headquartered in Phoenix, Platinum uses local and vetted in-house technicians to handle claims. The company has served homeowners for more than a decade. Super is a San Fransisco-based InsurTech that strives to provide quick and effective home repair and maintenance at predictable costs.
The acquisition of Platinum follows Super’s $50m Series C round in the spring of 2021 and its geographical expansion to Georgia and North Carolina,
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