New Silver, a technology company that provides fast financing to real estate investors, has partnered with real estate investment insurance provider Obie, to offer insurance to New Silver’s customers.
Olbie claims it is transforming the insurance process for landlords and rental property investors. For both seasoned investors as well as those looking to start, Obie said it makes requesting a quote and getting coverage simple, affordable, and transparent.
New Silver describes itself as a FinTech startup that sits at the intersection of decentralised finance and real-world assets. The company build technology to originate and underwrite short-term bridge loans with more efficiency, and securitise those loans on the blockchain with capital from DeFi protocols, which the company said helps to reduce cost and make securitisations more efficient.
This partnership, according to New Silver, will serve to further streamline the process of investing in real estate by supplying easy and affordable insurance coverage through a seamless online process. Which the company said will ultimately add a new level of convenience to the rental and buying process.
New Silver said the partnership with Obie will also allow it to increase the value they can give to their customers through easy-to-access loans for investors by adding affordable insurance coverage on hand that will streamline the overall real estate investment process.
Kirill Bensonoff, New Silver’s CEO, said, “This is a very exciting time for New Silver and Obie. The partnership will allow investors to have the proper tools to find a property along with easy solutions for insurance coverage to match their property. New Silver is all about simplifying solutions for our customers and we believe this partnership to be the right step in the next direction.”
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