Rhino partners with AmTrust Financial

Real estate technology company Rhino announced its partnership with AmTrust Financial to provide an additional $60 million in premium-writing capacity for its core product offering. AmTrust Financial, an international property and casualty insurer, will join Rhino’s existing panel of insurance carriers and reinsurers, bringing Rhino’s total premium-writing capacity to over $200 million.

“We are excited to support Rhino in setting a new standard for the renting experience.  Partnering with Rhino, the forerunner in security deposit insurance, is a natural fit for AmTrust’s customer-centric culture.” – Jeff Fenster, EVP and Head of AmTrust North American Specialty Risk.

“As the upfront cost of renting continues rising to unprecedented levels, renters are increasingly turning to innovative solutions, like security deposit insurance, to remove barriers to finding affordable, quality housing. Rhino’s partnership with AmTrust Financial will help a growing base of renters save money and give property owners the financial protections they need to operate sustainable businesses.” – Benjamin Lantos, Rhino Co-Founder and Chief Risk Officer.