Ahoy! partners with Vantage Recreational Finance

Ahoy! Insurance, the digital insurance MGA for recreational boating, announced a partnership with Vantage Recreational Finance, a financial solutions company for the marine and recreational vehicle industry.

As part of the partnership, boat buyers who finance their purchase through VRF will have access to an Ahoy! boat insurance policy directly through VRF’s financing platform. The embedded insurance program will include technical integration to offer VRF customers insurance quotes through a “click to buy” model as well as to bind the policy on the spot.

Founded in 2012, VRF is a team of 11 based on LinkedIn data. According to its site, the company also has a partnership with Boater’s Insurance Agency, which was announced in December 2020.

Ahoy!’s insurance policies are currently available directly and through agents, to boat owners in 12 states including Michigan, Arizona, Ohio, Wisconsin, Illinois, Indiana, and New York, with plans to expand across the US in the coming months.

“We look forward to working with VRF to provide our unique insurance product to a whole new market of boaters, who previously had to navigate the often-frustrating boat insurance process separately. We believe a boat is more than an asset, it’s a lifestyle, and this partnership will allow us to make the lifestyle of many more boaters better by leveraging our innovative technology to streamline the boat buying experience and provide peace of mind to even more customers.” – Tzach Segal, Vice President of Business Development of Ahoy!

“VRF is pleased to welcome Ahoy! aboard our marine financing program to provide our customers with an insurance product specially designed for their needs. We are excited to see this new joint offering propel the role of technology in our industry while promoting our mission of making our customers’ experience as convenient and comfortable as possible.” – Dana C. Endicott, Senior Vice President of Vantage Recreational Finance.