Coverdash & LendingTree unveil new insurance offering for Startups and SMBs

By Gloria Mathias

Coverdash, the growing startup and SMB-focused InsurTech broker, and LendingTree, the nation’s online financial marketplace, have announced a partnership to provide LendingTree customers with access to business insurance for the very first time.

This collaboration expands LendingTree’s suite of financial products for SMBs, providing them with an efficient and streamlined way to obtain business insurance and fulfil financial requirements. Coverdash’s fully embedded insurance offering offers business insurance to LendingTree customers without ever having to leave the platform.

This partnership marks an essential step in LendingTree’s evolution by expanding its services for small businesses beyond loans and financial products to include comprehensive insurance solutions now. By integrating Coverdash’s business insurance offering, LendingTree enhances its platform and empowers small businesses to reduce their risk profile, increasing their chances of securing a loan and supporting their long-term growth.

“LendingTree’s legacy in financial services is unmatched, and we’re incredibly proud to have our embedded experience power their expansion into business insurance,” said Ralph Betesh, Co-Founder and CEO of Coverdash. “Meeting financial requirements while starting a business is complex. Our partnership lets business owners easily access trusted resources in one place at every stage of their company’s life cycle.”

Coverdash’s embedded technology enables SMBs to access instant quotes from recognised carriers, allowing them to compare and purchase policies that meet their specific needs. These coverage options include General Liability, Workers’ Compensation, Business Owner’s Policy, Cyber Insurance and more. Coverdash empowers partners like LendingTree to increase customer engagement, boost revenue, and reduce customer acquisition costs by offering business insurance as an additional product.

“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 of Small Business & 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.”

Coverdash and LendingTree are on a dedicated mission to help small and medium-sized businesses succeed by simplifying financial solutions.