#Real Estate #Shinjuku #IeloveBB #Mysurance

ieloveBB and Mysurance Form Strategic Partnership for Enhanced Web Insurance Applications

In a significant development for the real estate industry, ieloveGROUP has recently announced a new integration between its ieloveBB platform and Mysurance, a subsidiary of Sompo Japan specializing in digital short-term insurance solutions. This collaboration aims to streamline the insurance application process for tenants using the ieloveBB system, particularly for fire insurance tailored for residential renters.

Background of the Partnership

Mysurance has redefined insurance with its innovative approach to online, complete digital solutions for renters. By linking its insurance services with the Web application function provided by ieloveBB, the companies are set to enhance user experience and operational efficiency within the real estate sector.

The integration allows for seamless data transfer; renter and property information entered within ieloveBB’s Web application will be automatically forwarded to Mysurance’s insurance system. Consequently, tenants can expect an automated email containing fire insurance application instructions based on their pre-registered data, making the application process significantly smoother. Only minimal additional information is required, ensuring a hassle-free experience.

Moreover, this fire insurance offers automatic renewal on an annual basis, eliminating concerns about lapse in coverage, thereby providing tenants with increased peace of mind.

Overview of the Fire Insurance Product

Mysurance's fire insurance for tenants includes essential coverage for household contents and liabilities for rented properties. Additionally, it offers benefits for situations where tenants may pass away, covering repair costs for the property and the expenses related to the handling of the deceased’s belongings. The policy also includes personal liability insurance up to 100 million yen with negotiation support within Japan. Premiums can be paid monthly, reducing initial costs for renters. The annual auto-renewal feature ensures that tenants remain covered without needing to navigate the cumbersome renewal processes.

ieloveBB's Web Application Functionality

The Web application function from ieloveBB allows both tenants and intermediary agencies to complete the application process online via smartphones or PCs. Information entered can be shared in real-time among intermediary agencies, management companies, and guarantee companies to expedite the process until the tenant successfully moves in. The system’s customizable review process also empowers property management companies to oversee applications from both their sources and external sources through the ieloveCLOUD platform, fostering significant improvements in operational efficiency.

Benefits of the Web Application

1. 24/7 Online Application Accessibility: Apply any time, day or night.
2. Real-Time Information Sharing: All parties involved can access the application information as it is updated.
3. Transparent Review Process: Customizable application flow visibility enhances efficiency.
4. Centralized Application Management: Both self-sourced and externally-sourced applications can be predominantly managed.
5. Paperless Processing: The move towards a paperless application process represents a significant efficiency leap.
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About Mysurance

Established in 2019 as a strategic subsidiary of Sompo Japan, Mysurance set its sights on redefining the insurance landscape. It has grown rapidly, projecting over 1.5 million contracts by April 2025. Their mission focuses on delivering new values in insurance while striving for a more user-friendly experience, all achievable through an intuitive design approach. Their goal is to simplify insurance, making it accessible seamlessly in everyday life.

• - Company Name: Mysurance Co., Ltd.
• - CEO: Hiroshi Shimizu
• - Established: July 2018
• - Capital: ¥2.325 billion
• - Location: Nishi Shinjuku 1-26-1, Shinjuku-ku, Tokyo
• - Corporate Website

About ieloveGROUP

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