SEATTLE, Feb. 22, 2022 (GLOBE NEWSWIRE) — Householders of America (HOA), a property and casualty insurance coverage supplier and subsidiary of Porch Group, Inc. (“Porch”) (NASDAQ: PRCH), introduced the launch of service in Missouri as a part of its ongoing nationwide enlargement plan, marking the third enlargement of companies this 12 months, following New Mexico and Montana.
Porch, a number one vertical software program firm reinventing the house companies and insurance coverage industries, stays dedicated to its plans to advance the nationwide scale of HOA’s insurance coverage merchandise since efficiently buying the corporate in April 2021. As HOA’s fifteenth state of operation and the ninth enlargement since Porch’s acquisition of the corporate, the addition of Missouri furthers Porch’s dedication to develop dwelling insurance coverage companies nationwide and scale its whole attain inside the market.
“HOA’s launch in Missouri is one other encouraging step ahead for Porch Group as an indicator of our sustainable development patterns and efficient operations,” mentioned Matt Ehrlichman, Porch founder, chairman, and CEO. “We’re devoted to increasing the presence of our householders insurance coverage product on the nationwide degree and are excited to companion with each the HOA brokers of Missouri and their clients all through their lifecycles of homeownership.”
About Porch Group
Seattle-based Porch Group, the vertical software program platform firm for the house, supplies software program and companies to greater than 20,000 dwelling companies firms comparable to dwelling inspectors, mortgage firms and mortgage officers, title firms, transferring firms, actual property companies, utility firms, and guarantee firms. Via these relationships and its a number of manufacturers, Porch supplies a transferring concierge service to homebuyers, serving to them save time and make higher choices on essential companies, together with insurance coverage companies and merchandise, guarantee, transferring, safety, TV/web, dwelling restore and enchancment, and extra. To be taught extra about Porch, go to porchgroup.com or porch.com.
Ahead-Wanting Statements
Statements on this press launch that consult with Porch’s enterprise technique, outlook, aims, plans, intentions and objectives, together with with respect to Porch’s enlargement plans, are forward-looking statements that contain quite a few dangers and uncertainties. These statements are made on the premise of administration’s present views and assumptions. In consequence, there could be no assurance that administration’s expectations will essentially come to move. The phrases “anticipate,” “imagine,” “estimate,” “anticipate,” “intend,” “might,” “plan,” “predict,” “undertaking,” “goal,” “potential,” “will,” “would,” “may,” “ought to,” “proceed,” and comparable expressions are meant to establish forward-looking statements, though not all forward-looking statements include these figuring out phrases. All such forward-looking statements are topic to sure dangers and uncertainties that might trigger precise outcomes to vary materially from these in forward-looking statements. This press launch doesn’t represent a suggestion to promote or the solicitation of a suggestion to purchase any safety. Porch assumes no obligation to replace any forward-looking statements because of new data or future occasions or developments.
© Porch. Porch, the Porch brand, and different Porch marks are emblems of Porch Group, Inc. or its subsidiaries.
Press Contact:Catherine AdcockGateway Group
(949) 574-3860
[email protected]
Investor Relations Contact:
Walter Ruddy, Head of Investor Relations & Treasury
Porch Group
(206) 715-2369
[email protected]
Matt Glover/Alex ThompsonGateway Group, Inc.
(949) 574-3860
[email protected]
Supply: Porch Group, Inc.
