Leap Insurance Agency, the leading provider of innovative occupancy and risk management solutions for the rental housing market, is now partnered with over 3 million homes in the United States and the United Kingdom.
JERSEY CITY, N.J., Feb. 29, 2024 /PRNewswire-PRWeb/ -- Leap Insurance Agency, the leading provider of innovative occupancy and risk management solutions for the rental housing market, is celebrating its remarkable journey of growth and innovation on Leap Day. Since its inception in 2018, Leap has experienced an extraordinary evolution, expanding its suite of services and solidifying its status as a trusted partner for landlords, property managers, and renters nationwide. Leap will insure more than 80,000 residential leases in 2024, a testament to its innovative approach to embedded insurance products. With partnerships extending to over 3 million units in the US and UK, Leap's footprint in the rental housing market is both expansive and influential.
Innovative Occupancy and Risk Management Solutions:
Deposit Replacement: With Leap's Deposit Replacement insurance, renters can avoid hefty security deposits and enjoy a more affordable leasing experience. By substituting upfront cash deposits with a small monthly fee, Leap helps renters move in hassle-free while providing landlords with comprehensive coverage for rent default and damages.
Rent Guaranty: Leap offers customizable rent guaranty insurance tailored to meet the diverse needs of landlords across multifamily and single-family housing. Leap acts as a co-signer for renters, guaranteeing rental payments for landlords in the event of a tenant default. This enables property managers to expand their tenant pool while transferring default risk to Leap.
ESG Initiatives: Leap is deeply committed to environmental, social, and governance (ESG) initiatives, fostering sustainability, diversity, and community engagement. Through strategic partnerships with leading Student Housing providers, Leap extends its impact by supporting students' educational pursuits through annual scholarship programs. These initiatives not only promote academic success but also contribute to creating healthier and more vibrant university communities.
As Leap celebrates its growth and achievements on Leap Day 2024, the company remains focused on its mission of making renting easy and accessible for everyone. "It's inspiring to see how far we've come," says Rory O'Connell, Chief Executive Officer of Leap. "Our success is a testament to our team's hard work and innovation, and the trust our landlord partners place in us."
About Leap:
Leap Insurance Agency, LLC. is a leading provider of innovative occupancy and risk management solutions for the student housing, multifamily, and single-family rental markets. Our mission is to make renting easy and accessible for everyone. Leap achieves this by building unshakable relationships with landlords and property management systems, simplifying the renting process through technology and innovation, and scaling distribution through embedded partnerships. Leap currently serves over 3,000,000 homes across the United States and the United Kingdom. For more information, visit
Media Contact
James Zhong, Leap, 9733064487, [email protected],
SOURCE Leap
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