Insurance technology company Bindable has formed a distribution partnership with Recoop Disaster Insurance to enhance access to disaster insurance products. Recoop aims to address gaps in traditional homeowners and renters insurance by offering affordable, guaranteed-issue policies that provide rapid cash benefits for major natural disasters. This collaboration is expected to broaden the reach of Recoop’s innovative offerings within Bindable’s extensive network of insurance carriers and brokers. With a focus on affordability and quick recovery, Recoop plans to provide policyholders with up to $25,000 in cash benefits following declared disasters.
