(Sacramento, CA – Insurance News and Markets) – With insurance businesses using technology to change the industry, the California Department of Insurance has welcomed Slice Insurance Technologies as a surplus lines broker. This means there’s a new option for Airbnb and other homeshare hosts. Slice offers usage based, on-demand, short term insurance.
“This start-up is offering an innovative product to the California market, giving consumers the opportunity to purchase a product designed to meet their unique coverage need,” said Insurance Commissioner Dave Jones. “We continue to encourage insurers to develop new products that fulfill the demands of a technology-driven economy. The department welcomes Slice to the California market and looks forward to more start-ups and traditional companies filing products in the future.”
Source: California Department of Insurance.