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Effective Coverage Acquires New York-based Online Insurance Platform

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Effective Coverage Acquires Bungalow Insurance

Effective Coverage announced the acquisition of Brooklyn, New York-based BungalowInsurance.com, an online renters insurance platform geared towards the modern generation.

ALBANY, NY -- Effective Coverage announced the acquisition of Brooklyn, New York-based BungalowInsurance.com, an online renters insurance platform geared towards the modern generation.

Effective Coverage, a specialty provider of renters insurance and resident risk management products for multifamily owners and operators, saw the acquisition as an opportunity to deepen their product offering for members throughout the country.

“After reviewing several acquisition opportunities, it was clear that the framework designed by Bungalow provided a great opportunity to offer our members improved choice,” said Eric Narcisco, CEO and Founder of Effective Coverage. “In the last 24 months, the Effective Coverage platform has grown significantly, and this acquisition will help us support that growth.”

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