
The tech firm planning to unlock over £10bn tied up within real estate by ripping up the rule book on commercial deposits
didilekitlane
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<p>On this episode of Tech Talk Radio, EG head of content Emily Wright speaks to Insurami chief executive and founder Majed Chaaraoui and head of partnerships Jack Sibley. </p> <p>Launched in 2019, Insurami effectively operates as a large-scale Deposit Guarantee platform for commercial real estate and is currently used by companies including The Howard De Walden Estate, Level39 and Huckletree. </p> <p>Rather than forking out a hefty deposit in one go, tenants pay a monthly fee to the platform for a Deposit Guarantee. This then pays out to the landlord – up to the maximum cover value of £600,000 – if there is a default on the lease.</p> <p>Off the back of last month's announcement that Fasanara Capital has joined existing investors including Global Founders Capital, Entrepreneur First and Clocktower Ventures in a £42m raise to facilitate Insurami’s expansion, the duo reveal what those growth plans will entail. </p> <p>They also explain why they believe their tech solution will release billions of pounds worth of otherwise illiquid funds caught up within the real estate sector. </p>
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The tech firm planning to unlock over £10bn tied up within real estate by ripping up the rule book on commercial deposits
didilekitlane