Buildertrend partners with Assurely to bring home builders an all-in-one marketplace for construction insurance
OMAHA, Neb. (March 13, 2023) – Buildertrend, the top construction management platform for home builders and remodelers, has expanded their collection of financial services. Included in the lineup of their latest solutions is a partnership with Assurely – an all-in-one platform for affordable business insurance tailored to construction teams.
Over the next few months, Buildertrend and Assurely will release industry-leading, cost-effective insurance dedicated to Buildertrend users such as expanded builder’s risk, general liability, workers’ compensation and project-specific bonds, among others. Assurely is a marketplace and advisory for business insurance that’s directly accessed in Buildertrend’s software.
Users can apply, view available quotes, receive expert recommendations and renew their policies all within a platform they already use to run the rest of their business. Assurely blends custom-built, construction-specific insurance programs with access to over 100 of the world’s most reputable carriers. This ensures that every Buildertrend user can access the best products available, at the best price on the market.
“We’re really excited about the opportunity to partner with Assurely to expand our Builder’s Risk Insurance to all fifty states and include commercial projects,” said Michael Vandevoort, general manager of insurance at Buildertrend. “Our partnership with Assurely will also provide construction-specific insurance from reputable carriers for all the policies our customers require – and ultimately help our customers save on coverage.”
This highly anticipated feature will help builders work simpler and more cost-effectively by:
Providing world-class service: Assurely’s support agents understand the frustrations and needs of construction businesses. They’re always available when you need support or consultative advice to ensure a seamless experience.
Creating an all-in-one marketplace: Customers can apply, compare quotes, purchase coverage, manage policies and renew all within one platform. Due to Buildertrend’s familiarity with its customers’ businesses, insurance is easier, more cost-effective and curated to the needs of home builders and remodelers.
Letting dedicated agents do the shopping: Builders won’t have to scour the internet to find the best price. They’ll receive fast and efficient quotes tailored specifically to their needs from industry experts.
This partnership rolls out alongside the release of several financial services in 2023, including online payments, expense management and lending. These were added with the intent to drive more efficiency and profits for home builders and remodelers. Insurance was the next product needed to enable teams to move forward in their business with trust and confidence.
“The construction industry is unpredictable by nature, and we at Buildertrend know it’s crucial for businesses to protect themselves and their projects from the unknown,” said Andres Ricaurte, senior vice president and general manager of Financial Services. “With the right coverage, builders can take smarter risks, offer clients peace of mind and scale their business’ – which is why providing the best possible insurance platform to our customers is pivotal.”
By moving away from partnerships with multiple insurance providers, Buildertrend can deliver a one-stop-shop experience, while ensuring top notch support and service. The addition of this resource solidifies Buildertrend’s place in the market as the leading solution for helping construction businesses operate and grow.
“Assurely is reinventing what insurance can be: targeted, trustworthy and painless,” said David Carpenter, CEO of Assurely. “As a company, we understand and eliminate the frustration customers face when it comes to construction insurance. By partnering with Buildertrend, we will improve how the insurance industry provides home builders and remodelers exactly what they need, when they need it, at the best price available – and in a way that other providers can’t.”
About Buildertrend
Buildertrend is the leading residential construction management platform. Since 2006, we’ve empowered contractors to take control of projects and bring efficiency, organization and seamless communication to every aspect of their business. Builders can stay on top of costs, supplies, staff and more in one convenient place – and take on more projects without adding paperwork and stress. For over 1 million users across 100 countries, Buildertrend has made it easy to run successful projects and deliver a five-star experience to homeowners. To learn more about Buildertrend, visit Buildertrend.com and @buildertrend.
About Assurely
Assurely creates and distributes insurance for changing industries and innovative companies. Assurely’s technology and data-driven platform offers both new, custom-built and traditional insurance products designed to be embedded into marketplaces and SaaS platforms or accessed directly by end insurance customers.
They serve companies, marketplaces and platforms specifically in the construction industry, as well as fintech/private securities and SMB platforms, among many others. Assurely is the next generation of insurance focused on creating value for each stakeholder in the insurance system. For more information, visit assurely.com.
