Nicolas Lares

CEO of Insur3Tech. Insur3Tech helps real estate operators and PMs stop losing money to insurance and bond companies and earn uncapped profit from it instead. Most real estate owners and operators have no idea they're getting the short end of the stick when it comes to insurance. Your residents pay between $15-50/month for insurance, deposit alternatives, and more. Assurant and Yardi collect it, pay out less than 60% in claims and expenses, and pocket the rest. You might get a $5 admin fee if you're lucky. Your own insurance? Up 30% this year. Zero claims? Doesn't matter. You're subsidizing everyone else's losses while carriers keep turning a profit every year off residents living in your assets. And your PM teams? Chasing COIs, waiting 2 months for claim payouts, manually issuing deposit refunds, and fielding resident insurance questions instead of doing their actual jobs. Insur3Tech flips all of that. Here's how it works: 1. You and your residents pay insurance premiums (like they always do). 2. We make YOU the insurance company instead of State Farm, Assurant, Yardi, etc. 3. We operate the company and cover claims from your pool. 4. You keep 100% of the profit that's left over every year. No setup costs or operational risk. 100,000+ units. Generating $28M every year. $200-300 per door going to operators' NOI instead of insurance carriers' pockets.