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Welcome to the Coverdash insurance blog. Here you’ll find valuable articles tailored to your business needs, so you can be ready in a dash for whatever comes next.

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Coverdash Partners with Viably to Streamline Business Insurance for eCommerce Merchants

We're excited to announce Coverdash's new partnership with Viably, a leading banking and financial services platform built for eCommerce businesses. Through this integration, Viably customers can now acquire tailored commercial insurance coverage directly within the Viably platform. Viably provides eCommerce sellers with a comprehensive suite of financial services and tools to scale their businesses – including continuous working capital, global accounts, cards, cross-border payments, and  profitability analysis tools. Their platform simplifies the complexity of running an eCommerce business, empowering business owners to focus on growth and revenue. Coverdash's embedded insurance technology allows Viably to offer the essential commercial insurance policies needed to operate an online business – including general liability, professional liability, cyber liability, and other key coverages. By handling insurance alongside their other financial management tools in Viably, eCommerce merchants can conveniently protect their business from risks while potentially saving up to 30% on premiums. An estimated 75% of small businesses in the US are underinsured. Coverdash and Viably are working together to change that, empowering online sellers with the coverage they need to operate confidently and build creditworthiness. With Coverdash's access to 30+ top commercial insurance carriers, Viably customers receive competitive rates and streamlined purchasing. This partnership brings much-needed simplicity to eCommerce business management. Running an online business is challenging enough – let Coverdash and Viably handle your insurance needs within the same platform you use to manage your working capital, banking, accounting, and other financial operations. About Coverdash Coverdash is a fully digital business insurance agency that specializes in serving the insurance needs of businesses of all shapes and sizes. Coverdash's embedded technology enables any partner to host its end-to-end insurance experience with a single line of code. Coverdash is headquartered in New York and is a licensed insurance agency across all 50 states. Interested in partnering with Coverdash? Check out: https://www.coverdash.com/partner About Viably At Viably, our vision is to empower sellers to scale and build the global empire of their dreams. By offering a comprehensive suite of services—including working capital, payments, global banking, cards, spend management, and profit analytics—we provide a seamless all-in-one solution that saves time, ensures access to continuous capital, and simplifies day-to-day operations. We are committed to revolutionizing how ecommerce sellers manage their finances and scale their businesses. For more information, visit https://www.runviably.com. 
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Coverdash Partners With LendingTree to Launch its First-Ever Insurance Offering for Startups and SMBs

NEW YORK – Coverdash, the fastest growing startup and SMB-focused insurtech broker, and LendingTree, the nation’s leading online financial marketplace, today announced a partnership to provide LendingTree customers with access to business insurance for the very first time. This strategic collaboration expands LendingTree’s suite of financial products for small to medium-sized businesses (SMBs), providing them with an efficient and streamlined way to obtain business insurance and fulfill financial requirements. Coverdash’s fully embedded insurance offering provides business insurance to LendingTree customers without ever having to leave the platform. This partnership marks an important step in LendingTree’s evolution by expanding its services for small businesses beyond loans and financial products to now include comprehensive insurance solutions. A study by the Federal Reserve Bank found that businesses that demonstrated lower risk profiles – which includes carrying insurance – were 25% more likely to be approved for loans compared to higher-risk businesses. By integrating Coverdash’s business insurance offering, LendingTree not only enhances its own platform but also empowers small businesses to reduce their risk profile, increasing their chances of securing a loan and supporting their long-term growth. “LendingTree’s legacy in financial services is unmatched, and we’re incredibly proud to have our embedded experience power their expansion into business insurance,” said Ralph Betesh, Co-Founder and CEO of Coverdash. “Meeting financial requirements while starting a business is complex – our partnership lets business owners easily access trusted resources in one place at every stage of their company’s life cycle.” The integration removes traditional barriers to acquiring business insurance and simplifies the process for business owners, helping them manage risk and protect their operations. Coverdash’s embedded technology enables SMBs to access instant quotes from the nation’s most recognized carriers, allowing them to compare and purchase policies that meet their specific needs. These coverage options include General Liability, Workers' Compensation, Business Owners Policy, Cyber Insurance and more. Coverdash empowers partners like LendingTree to increase customer engagement, boost revenue, and reduce customer acquisition costs by offering business insurance as an additional product. “We’ve always played an integral role in helping small businesses get off the ground with our loans and financing programs, so offering business insurance was the natural next step,” said Jenn Ash, General Manager, Small Business & Student Loans at LendingTree. “This partnership with Coverdash deepens our commitment to supporting our customers' growth, reinforcing our position as their trusted, long-term partner for all of their financial services needs." Coverdash and LendingTree are on a dedicated mission to help small and medium-sized businesses succeed by simplifying financial solutions. Together, they are not only providing an innovative and frictionless experience for securing essential coverage but also empowering small business owners to focus on what they do best – growing their businesses with confidence. About Coverdash Founded in 2022, Coverdash is a fully-digital business insurance agency committed to transforming the business insurance process for startups and small businesses. Coverdash's revolutionary embedded technology enables any partner to host its end-to-end insurance experience with a single line of code. Coverdash serves SMBs and startups from concept all the way to Series D+. The company is headquartered in New York and is a licensed insurance agency across all 50 states. For more information, visit www.coverdash.com. About LendingTree LendingTree (NASDAQ: TREE) is one of the nation's largest and most experienced online financial platforms, created to empower consumers and businesses alike to win financially. LendingTree provides customers with access to a broad range of financial products—including loans, credit cards, insurance, and more—through its network of over 600 financial partners. Since its founding, LendingTree has helped over 120 million customers obtain financing, save money, and improve their financial health. For more information, visit www.lendingtree.com. MEDIA CONTACT Bianca Roses: bianca@rosespr.com
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Coverdash Partners with Bizee to Ensure Newly Formed Businesses are Properly Covered

We’re thrilled to announce our partnership with Bizee, the one-stop-shop for business incorporation that has assisted in the formation of over 1 million LLCs. Bizee has all the services, tools, and resources you need to get you started on your entrepreneurial journey today. The best time to insure your business is right after you've completed the necessary paperwork to get up and running. Coverdash’s embedded insurance solution enables newly formed businesses to obtain coverage as soon as they complete their incorporation paperwork, providing protection against the risks that many businesses face from the very beginning. While 53% of small businesses face litigation each year, nearly 30% remain uninsured. Business insurance is an essential buffer, protecting companies from legal and financial risks that could otherwise disrupt operations. Bizee users can now source insurance tailored specifically for their needs on the same platform they already use for their incorporation services. Additionally, Bizee users can manage their coverage and download Certificates of Insurance (COI’s) directly within the platform. Checking off business insurance requirements is the natural next step post formation; Coverdash’s embedded insurance technology allows new business to protect themselves from the start with industry-leading pricing.  Together with Bizee, we’re helping small businesses get up on their feet so that they can focus on taking the first steps. About Coverdash Coverdash is a fully digital business insurance agency dedicated to supporting businesses of all shapes and sizes. Our embedded technology allows partners to host our complete insurance experience with just a single line of code. Headquartered in New York, Coverdash is licensed to provide insurance solutions in all 50 states. Interested in partnering with Coverdash? Learn more at: https://www.coverdash.com/partner About Bizee Bizee empowers entrepreneurs with the essential tools to start, grow, and manage their businesses confidently. Founded by entrepreneurs for entrepreneurs, Bizee simplifies the journey from formation to compliance, offering clear, affordable packages with no hidden fees. From LLC formations and registered agent services to ongoing compliance and business management tools, Bizee is designed to meet the unique needs of today’s business owners.
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Coverdash Partners with Kapitus to Deliver Seamless Business Insurance Solutions for SMBs

Coverdash is thrilled to announce our partnership with Kapitus, bringing a fully embedded business insurance experience to their customers. Kapitus offers small business owners access to flexible financing options that help them manage and grow their businesses. Through their wide range of fast and affordable business loans, Kapitus empowers entrepreneurs with the capital they need to achieve their goals, making it easier to navigate the challenges of running a business. By simplifying access to funding, they provide the financial support necessary for businesses to thrive. Thanks to Coverdash’s embedded technology, Kapitus now offers a comprehensive suite of business insurance products, seamlessly integrated into their platform. This partnership ensures that businesses using Kapitus can now secure tailored coverage at competitive rates, sourced from over 30 of the country’s leading commercial insurance carriers. With nearly 75% of small businesses in the United States estimated to be underinsured, Coverdash and Kapitus are joining forces to help safeguard your business from unexpected risks. This collaboration not only helps to enhance creditworthiness but also delivers peace of mind, enabling business owners to focus on what matters most—running and growing their companies. Owning a business is challenging enough. With Coverdash’s embedded insurance solutions available directly on the Kapitus platform, managing insurance is now as simple as handling your finances. About Coverdash Coverdash is a fully digital business insurance agency dedicated to supporting businesses of all shapes and sizes. Our embedded technology allows partners to host our complete insurance experience with just a single line of code. Headquartered in New York, Coverdash is licensed to provide insurance solutions in all 50 states. Interested in partnering with Coverdash? Learn more at: https://www.coverdash.com/partner About Kapitus Kapitus is a leader in small business financing, offering innovative loan products and financial solutions that help businesses grow and succeed. By providing rapid access to capital and tailored financing options, Kapitus supports entrepreneurs at every stage of their journey. Kapitus is dedicated to empowering SMB owners with the tools they need to focus on what they do best—running their businesses.
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Why Florists Need Business Insurance: Protect Your Flower Shop from Risks

As a florist, your passion for creating beautiful arrangements brings joy to your customers, whether for weddings, birthdays, or simply brightening someone’s day. But behind the artistry of floristry lies a business that, like any other, faces risks. One of the most effective ways to safeguard your floral shop from these risks is by having comprehensive business insurance. Property Protection Your shop is more than just a place where you create stunning floral designs; it’s also home to valuable assets like flowers, refrigeration equipment, display materials, and office supplies. From natural disasters like storms and floods to accidents like fires, property damage can happen when you least expect it. Business insurance ensures that if your shop suffers damage, the costs to repair or replace damaged assets are covered. This includes everything from your floral inventory to high-end refrigeration units that keep your flowers fresh. Protecting Against Legal Claims Running a florist shop involves direct interaction with customers, whether they’re visiting your store or receiving deliveries. If a customer slips and falls in your shop or trips over a delivery box, you could be held liable for their medical expenses and legal fees. Liability insurance covers such incidents, ensuring that you’re not financially burdened by customer injuries or accidents on your premises. Even if a lawsuit arises, insurance will cover your defense costs, helping you avoid a financial disaster. Workers’ Compensation Insurance: Protecting Your Employees If you have employees, workers’ compensation insurance is not only a smart choice, but it’s also often required by law. This insurance provides coverage if an employee is injured on the job—whether they’re lifting heavy floral arrangements, cutting stems, or handling deliveries. Workers' compensation covers medical expenses, lost wages, and rehabilitation costs for injured employees, as well as providing protection from potential lawsuits related to workplace injuries. Commercial Auto Insurance: Deliveries  As a flower shop owner, your delivery vans and service vehicles are essential for ensuring timely deliveries and customer satisfaction. However, accidents can occur, leading to costly vehicle repairs, medical bills, or even legal claims.  Commercial auto insurance protects your business by covering expenses related to vehicle damage, liability for injuries, and lawsuits, helping you keep your deliveries on schedule without disruptions. Covering Your Rainy Days Imagine this: a major storm causes significant damage to your floral shop, forcing you to close for repairs. Not only would you lose valuable business during the downtime, but you’d also face ongoing bills like rent, utilities, and payroll. Business interruption insurance steps in to cover lost income during periods when your shop is closed due to a covered event. This allows you to maintain your business operations or rebuild without falling behind financially. Tailoring Insurance to Your Needs Every florist’s business is unique, and so are the risks they face. Beyond standard coverage, there are specialized options that can be tailored to meet your specific needs: * Spoilage Coverage: Protects against the loss of perishable flowers and plants due to refrigeration breakdowns or power outages. * Equipment Break down: Covers the cost of repairing or replacing essential equipment, like floral coolers that malfunction. * Seasonal Increases in Inventory: During peak times like holidays or wedding season, you may carry more stock than usual. Some insurers offer policies that automatically increase your coverage during these periods. Conclusion: Protect Your Floral Business with Comprehensive Insurance While your focus as a florist is on creativity and service, the importance of protecting your business can’t be overstated. From property damage and customer injuries to accidental mishaps and employee injuries, there are numerous risks that could impact your ability to operate. The right business insurance not only provides financial protection but also peace of mind, allowing you to focus on what you do best—creating beautiful floral arrangements for your customers. Don’t wait until disaster strikes. Speak to an insurance professional today and ensure your florist business has the protection it needs to thrive, no matter what comes your way. By prioritizing business insurance, you’re investing in the long-term success and sustainability of your floral shop. Stay protected, stay prepared, and keep blooming! Need help finding the right insurance for your flower business? Get a quote here https://www.coverdash.com/quote.
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Coverdash Partners with Celtic Bank to Streamline and Accelerate the SBA Loan Process

We’re excited to announce Coverdash’s partnership with Celtic Bank, one of the top SBA lenders in the nation. Celtic Bank offers a full catalog of financial services for small businesses, from asset-based lending to expansions and acquisitions. Our embedded insurance capabilities provide Celtic Bank’s clients the necessary insurance solutions required for loan financing directly through Celtic Bank’s portal.  SBA loans are business loans partially backed by the US Small Business Administration, provided by participating lenders like Celtic Bank. These loans are generally attractive due to their affordability (capped interest rates) with more favorable terms like longer repayment periods and lower credit score requirements compared to other business loans. However, the long application process and strict lending requirements, including proper business insurance, sometimes prevents business owners from taking advantage of these loans.  The SBA requires specific business insurance coverage depending on the loan and type of business. While these requirements may vary, some common policies that the SBA may ask for include:  * Workers Compensation * General Liability  * Professional Liability  * Property Insurance  With Coverdash, fulfilling these insurance requirements becomes seamless. Users can instantly compare accurately tailored quotes from over 30 of the nation’s largest carriers, purchase the best policy to instantly fulfill coverage requirements, and improve SBA loan prospects without ever needing to leave Celtic Bank’s site. By abstracting the need to contact a broker or carrier with the ability to buy necessary insurance on the spot, Coverdash drastically reduces loan application times for users.  Coverdash has partnered with dozens of lenders and funding platforms that require business insurance to streamline the loan issuance process. Decreasing time to close by an average of 45% and as much as 65%, Coverdash’s embedded insurance solution has helped increase overall loan issuance by 10% to 15% for lending partners.  Our partnership with Celtic Bank simplifies the insurance process, accelerating loan issuance and getting businesses access to funds faster. If you’re interested in partnering with Coverdash, you can get into contact here: https://www.coverdash.com/partner  About Coverdash Coverdash is a fully digital business insurance agency that specializes in serving the insurance needs of businesses of all shapes and sizes. Coverdash's embedded technology enables any partner to host its end-to-end insurance experience with a single line of code. Coverdash is headquartered in New York and is a licensed insurance agency across all 50 states. Interested in partnering with Coverdash? Check out: https://www.coverdash.com/partner About Celtic Bank Headquartered in Salt Lake City, Utah, Celtic Bank was named the 4th largest SBA lender in the nation for FY 2022. Celtic Bank is a nationwide lender and leading provider of USDA loans, SBA 7(a) and 504 loans, express loans, asset-based loans, commercial real estate loans, and commercial construction loans. For more information, visit Celtic Bank today at https://www.celticbank.com/ or call at (800) 509-6191.
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Coverdash Teams Up with Rocket Lawyer to Simplify Business Insurance

We’re excited to announce our partnership with Rocket Lawyer to simplify business insurance solutions for Rocket Legal+ subscribers! Since 2008, Rocket Lawyer has helped over 35 million people and organizations obtain the legal help they need, at a price they can afford. Rocket Legal+ subscribers get unlimited access to personalized legal documents and online legal questions, plus half-off discounts on tax, business registration, trademark filing, and more.  Coverdash is excited to expand RL+ services, offering subscribers exclusive discounts on all lines of business insurance. Coverdash allows your business to instantly compare quotes from more than 30 of the country’s biggest commercial carriers to find tailored coverage at the best possible price.   An estimated 75% of SMBs in the United States are underinsured. Compounding the problem is the fact that 53% of small businesses face at least one litigation case annually. Coverdash and Rocket Lawyer are teaming up to make sure your business can get conveniently and adequately insured to protect against unforeseen legal risk, while saving you up to 30% on existing policies.  It’s stressful enough owning your own business. Coverdash and Rocket Lawyer make insurance simple. Check out the member benefits page on your Rocket Legal+ member dashboard to find out how much you can save with Coverdash.   About Coverdash Coverdash is a fully digital business insurance agency that specializes in serving the insurance needs of businesses of all shapes and sizes. Coverdash's embedded technology enables any partner to host its end-to-end insurance experience with a single line of code. Coverdash is headquartered in New York and is a licensed insurance agency across all 50 states. Interested in partnering with Coverdash? Check out: https://www.coverdash.com/partner About Rocket Lawyer Rocket Lawyer aims to make legal services accessible and affordable for small businesses and individuals. Since 2008, nearly 30 million people have used Rocket Lawyer to create and sign legal documents, receive affordable attorney advice, and incorporate their businesses with confidence. Rocket Lawyer empowers users to protect and enforce their rights easily and efficiently.
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Coverdash Named to CB Insights' 2024 Insurtech 50: Leading the Future of Embedded Commercial Insurance

NEW YORK, August 28, 2024 –  We’re excited to announce that CB Insights has named Coverdash, to its third annual Insurtech 50, showcasing the 50 most promising private insurtech companies in the world. “The 2024 Insurtech 50 winners are high-momentum companies shaping the future of insurance today,” said Chris Sekerak, Senior Analyst at CB Insights. “From AI-powered products to commercial insurance innovation, these startups are realizing many of the industry's biggest opportunities.” At Coverdash, we are proud to be recognized as a leading innovator in the insurtech space, known for transforming how startups, small businesses, eCommerce merchants, and businesses of all shapes and sizes access and manage commercial insurance. Since our founding, we’ve grown rapidly, partnering with top global insurers and serving thousands of clients via embedded partnerships with the financial platforms our customers already use. In less than two years, Coverdash has forged over 100 embedded partnerships, expanding our partner’s product offering, solving their customers' insurance pain point, increasing their customers’ stickiness and lifetime value, and boosting their bottom line with an ancillary insurance revenue stream. As the only company on the list that specializes in embedded commercial insurance, we’ve positioned ourselves as a frontrunner in the digital transformation of the embedded insurtech space. On behalf of the whole team, we want to say thank you to our customers and partners, who have been crucial to our success and growth. Your trust and collaboration have been instrumental in helping us innovate and expand, allowing us to serve your businesses’ unique needs across various industries. We look forward to continuing this journey together and achieving even greater milestones in the future. "We are honored to be recognized by CB Insights as one of the top insurtech companies in the world. It’s a testament to the hard work and creativity of our team and our partners. We’re even prouder to be the only embedded commercial insurance company on the list, highlighting our unique position and value proposition within the market. 2024 has been a great year— we’re even more excited to see how much further we go in 2025." — Ralph Betesh, CEO of Coverdash. Thanks again to CB Insights for recognizing Coverdash, and stay tuned for more news and updates here! 
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Fintech Veteran, Walt Levengood, joins Coverdash as Strategic Advisor

We're thrilled to announce that Walt Levengood has joined Coverdash as our newest advisor! Walt, an accomplished Fintech executive, brings over 20 years of experience to Coverdash with a proven track record of success in the small business ecosystem. Walt's impressive career, most recently spending the last 7 years as a senior executive at Nav, spans various leadership roles specializing in strategy and revenue growth while focusing on helping small business access the capital and solutions needed to grow their business. His wealth of knowledge and expertise navigating through various economic cycles will be instrumental as Coverdash continues to innovate and scale its offerings to meet the unique insurance needs of its SMB customers and partners. "We're excited to have Walt on board," said Ralph Betesh, CEO of Coverdash. "Walt's expertise in partnerships, embedded engagement, and go-to-market strategies will be instrumental in navigating our journey toward achieving true scalability in embedded fintech.” Walt's appointment comes at a time of rapid growth for Coverdash. In the past year, Coverdash has seen over 200% growth in its customer base, driven by embedded insurance partnerships. A fantastic 2023 allowed Coverdash to raise $13.5M for their Series A at the beginning of 2024, a year in which upwards momentum has only accelerated. "I'm excited to join Coverdash's advisory board. The team has developed a truly innovative solution in embedded fintech and insurance,” Walt commented. “I've been impressed by their vision and execution so far. I look forward to contributing my experience to help the company continue to scale." With Walt's guidance, Coverdash is more equipped than ever to tackle the challenges and opportunities in the dynamic world of insurtech. Stay tuned for more updates as we work together to make business insurance more accessible for our customers and partners.
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