Jumpstart Recovery Filed Form D With the SEC
Jumpstart Insurance , the Berkeley, CA-based surplus lines insurance broker that’s offering “a new approach to earthquake insurance” has filed its form D for $1.4m debt financing and for $836,8k debt financing.
Refresher: Established in 2015, the team of ~7 offers $10k earthquake coverage. What’s in a name? “Based on our statistical analysis, we chose a payment amount that’s a fraction of what most people will need. The payment is small enough that it’s very unlikely to “make you whole.” It’s only intended as a jumpstart (thus the name of our company).”
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