LeaseSurance

LeaseSurance is a South African InsurTech and PropTech company founded in 2020.

It offers a unique solution in the rental property sector by replacing traditional security deposits with lease insurance. This innovative approach allows tenants to pay a small monthly fee instead of a large upfront deposit, providing landlords with adequate insurance coverage for potential damages or rent loss. The company focuses on optimizing rental real estate assets and enhancing portfolio performance for landlords and property operators. LeaseSurance's data-driven risk engine customizes protection levels for individual properties and integrates seamlessly into property management workflows. It serves prominent JSE-listed residential landlords and large privately held property groups in South Africa, operating from Johannesburg. The company has secured funding to support its growth and innovation efforts.