Buoy
Curated by SignalDigital insurer providing tailored coverage for boat rentals in Florida.
Overview
Buoy operates as a digital insurer that focuses on property and casualty insurance specifically designed for boat rental companies and their customers in Florida. The platform offers per-trip insurance coverage, which includes liability protection for both renters and rental companies, in accordance with the legal requirements established by the Florida Safe Boating Act of 2022. Additionally, Buoy assists boat rental companies in obtaining FWC Livery Permits at no cost. The company utilizes artificial intelligence and machine learning to optimize the underwriting and claims processes, which facilitates policy management and claims filing for users, while ensuring compliance during the rental period.
Key facts
- Founded
- 2022
- Headquarters
- Florida, United States
- Stage
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- Industry
- Financial Technology
- Sector
- Insurance Technology
Business model
- GTM channel
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- 4 products and services
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- Commercial model
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