New insurer leverages prevention solution to help protect policyholders
PR Newswire. September 21, 2022 – Savvi Insurance Group, Inc., a new home insurance provider that recently launched an innovative, tech-enabled home insurance product, and vipHomeLink Holdings, Inc., a leading digital home management solution, today announced a strategic partnership. Savvi began offering coverage to homeowners in the state of Virginia on August 1, 2022 and will be expanding across several other Eastern U.S. states in the coming months. Through this partnership, Savvi will provide vipHomeLink’s home management app to all Savvi policyholders as part of their homeowners protection plan.
“We are really excited to continue our partnership with vipHomeLink,” said Mark Coons, Founder and CEO of Savvi. “Consistent with our strategy of offering homeowners the most comprehensive and proactive home protection available, including coverages that better address today’s homeowner, a complementary smart home security kit and concierge style claims handling, vipHomeLink’s home management solution provides that critical component of prevention for all of our customers.”
Geoff Martin, Co-Founder of vipHomeLink added, “Savvi Insurance is one of the few insurance companies that truly offers the full spectrum of protection to homeowners. With our solution squarely focused on prevention – and helping homeowners avoid insurance claims – vipHomeLink will play an important role in helping to protect Savvi’s policyholders in Virginia and beyond. We’re delighted to be part of their policy offering!”
“We look forward to building our partnership with vipHomeLink as we evolve home insurance into a smarter solution focused on predicting and preventing losses from happening in the first place,” added George Palmer, Savvi’s Co-Founder. “We’ve moved away from the old model that is reactive and focused only on repairing the damage after the fact.”
Alfred Bentley, Founder and CEO of vipHomeLink commented, “Savvi came to us focused on protecting homeowners and preventing claims from happening in the first place. Together, we see an opportunity to leverage our advanced technology and engagement platform to achieve a more successful business model with lower relative loss ratios over time.”
About Savvi Insurance
Savvi Insurance Group, Inc., based in Charlotte, North Carolina, is committed to helping families and individuals prevent losses, stay safe and protect the people and things they love. We do that by providing our customers with our cutting-edge smart home security system along with a suite of services and benefits designed to proactively predict and prevent losses from happening in the first place. We then back that up with comprehensive, modernized insurance protection and concierge-style claims handling, at prices that recognize and reward the benefits of a smarter, better protected home.
Savvi is backed by some of the largest and most financially secure insurance companies, including Lloyd's of London, the world’s specialist insurance market for over 300 years. Our partners have earned A ratings from Standard & Poor's which means your policy is secure no matter what happens. For more information, visit sosavvi.com
vipHomeLink is a U.S. technology company, providing a digital home management solution that helps homeowners maintain, organize, and improve their homes. The Company markets its platform to insurance carriers and other corporate partners to drive engagement with homeowners, prevent home insurance claims, and increase retention and referrals. The solution simplifies homeownership, facilitates home maintenance, and improves home safety through expert, multi-channel digital content, tailored home recommendations, an interactive in-app experience, personalized home reminders, and an annual “Virtual Home Checkup” service to members on the platform. vipHomeLink is based in Morristown, NJ. For more information: viphomelink.com
Mark Coons, Founder & CEO
Savvi Insurance Group, Inc.
Geoff Martin, President & Co-Founder
vipHomeLink Holdings, Inc.