LendingTree taps Coverdash to launch Small Business insurance offering.

LendingTree has teamed with Coverdash to offer insurance coverage to its small business and startup customers. The collaboration, announced Wednesday (Nov. 20), expands LendingTree’s financial product suite to allow small and medium-sized businesses (SMBs) access to Coverdash’s fully embedded insurance offering. “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,” the companies said in a news release

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