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Stock impact report

Janover Launches New Insurtech Subsidiary, Janover Insurance Group; Expected to Revolutionize the Commercial Insurance Landscape

Janover Inc. (JNVR) 
Company Research Source: GlobeNewswire
Boca Raton, FL, April 30, 2024 (GLOBE NEWSWIRE) -- Janover Inc. (Nasdaq:  JNVR) (“Janover” or the “Company”), an AI-enabled platform for commercial real estate transactions, today announced that it has officially launched Janover Insurance Group Inc. (“Janover Insurance”), its new insurtech subsidiary for commercial property insurance and more. The Company also announces it has been granted insurance licenses in Texas and Florida, with multiple applications in progress in several other states. “Our ability to navigate large complex transactions in a marketplace model, particularly in multifamily and commercial property finance, fits perfectly in the insurance brokerage model,” said Blake Janover, Chairman, and CEO of Janover Inc. “By offering both multifamily and commercial property insurance services, we are able to provide a suite of modern financial services for our clients, adding more value, and reducing frictions and costs in the process. We believe our generative AI app Show less Read more
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