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Modives and Venn Launch First All-Digital, 360° Insurance Coverage Solution for Multifamily Housing
Modives and Venn Launch First All-Digital, 360° Insurance Coverage Solution for Multifamily Housing

Business Wire

time3 days ago

  • Business
  • Business Wire

Modives and Venn Launch First All-Digital, 360° Insurance Coverage Solution for Multifamily Housing

CHARLOTTE, N.C.--(BUSINESS WIRE)--Modives, the leader in live insurance verification, monitoring, and remediation, has partnered with Venn, the intelligent resident operating system, to create the first comprehensive insurance coverage solution for multifamily homes. "We're not just verifying insurance, we're reducing risk," said Modives CEO Frederick Waite. The groundbreaking collaboration connects Modives' CheckMy Resident platform with Venn's operating system, allowing renters insurance to be verified and monitored instantly through direct carrier data. If a coverage gap is found, residents can enroll in a master liability or renters insurance policy on the spot without leaving the platform. Because this functionality is built into the same interface residents and property teams already use, adoption is high and workflows remain unchanged. Property managers gain real-time compliance monitoring, while residents get seamless access to coverage options. "We're not just verifying insurance, we're reducing risk," said Modives CEO Frederick Waite. "Our integration with Venn turns compliance into a value-add, protects every property, and eliminates the historical friction around insurance between residents and management." Insurance compliance has long been a broken process in property management, with antiquated systems relying on manual review of mailed notifications. Current offerings are often plagued with delays and unreliable data. CheckMy Resident brings insurance verification and monitoring into the AI Age, directly addressing these challenges by delivering instant verification of live insurance data straight from the source, coupled with ongoing monitoring throughout the entire lease term. The automated process reviews whether renters' coverage is active, accurate, and adequate, all through CheckMy Resident's compliant and secure platform. When coverage lapses, Modives empowers residents with clear options: they can easily upload a new policy, purchase renters insurance quickly through embedded digital options, or be automatically enrolled in a master liability program, ensuring continuous protection for both residents and properties. This partnership perfectly aligns with Venn's mission to power the resident journey from first touch to long-term retention—with data, automation, and seamless experience across the board. By embedding crucial insurance workflows directly into its intelligent resident operating system, Venn eliminates administrative burdens for property managers and offers residents an easy, transparent path to compliance and protection. "At Venn, we believe in the power of thoughtfully designed integrations," says Oz Ganon, Head of Partnership at Venn. "When we partner with the right technology providers, like Modives, we're not just adding features, we're creating a shared ecosystem that drives exponential growth. By embedding the best solutions seamlessly into the resident journey, we enable faster adoption, higher engagement, and greater value for everyone involved."

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