Obie
Obie is a real estate and construction insurance company based in Chicago, IL, and Sarasota, FL, offering specialized insurance and risk management solutions for landlords and real estate investors across the United States.
Company Overview
Obie operates in the real estate and construction industry, specifically focusing on housing and real estate. The company is based out of Chicago, IL, and Sarasota, FL, and employs a team of 94 individuals. As a graduate of Y-Combinator's S19 batch, Obie serves regions including the United States, America/Canada, and both fully and partly remote locations.
Insurance and Risk Management Solutions
Obie offers specialized insurance and risk management solutions aimed at landlords and real estate investors. They provide comprehensive coverage options designed to protect property investments. Their services are tailored for agents, lenders, property managers, real estate technology partners, owners, and investors. Obie ensures instant insurance quotes and policy purchases online and maintains coverage across all 50 states, insuring more than $10 billion in property.
Obie Products
Obie features various products such as PolicyProof for verifying insurance across managed properties and an Embedded Insurance solution for integrating their services into business offerings. The Risk Map allows users to view potential risks for any address in the continental U.S. They also offer a Private Client service providing customized coverage for multifamily investors with larger portfolios. Additionally, they provide an Instant Estimate Widget for quick insurance estimates and a Seamless Policy Sync for maximizing customer engagement with secure data retrieval.
Technology-First Approach
Obie employs a technology-first approach to its insurance solutions, offering a fully integrated suite of services. Clients benefit from an Embedded Quoting Experience, enabling seamless policy payments within their platforms. The company also provides an API for integrating Obie's services, trusted by industry leaders like Doorvest, Mortgage Automator, and Roofstock. Their technology-driven methods have been highlighted in the media for their innovation in changing how landlords and investors secure insurance.
Educational Resources
Obie maintains a blog dedicated to offering tips and advice for landlords and real estate investors. Topics covered include maximizing resident retention, the impact of natural disasters on insurance, and understanding water versus flood damage. This resource is part of their commitment to educating their clients and improving their investment strategies.