Leading embedded insurance provider to colleges & universities is recognized for the second year in a row.
PHOENIX, Oct. 25, 2023 /PRNewswire/ — GradGuard, the number one provider of innovative student protection programs for college students, is pleased to announce its inclusion in The Financial Technology Report’s list of the Top 100 Financial Tech Companies.
GradGuard has been recognized for the second year in a row for its pioneering student protection programs. Since its inception, GradGuard’s mission has been focused on reducing potential financial losses for students and families when unexpected but serious events occur.
The report, released on October 25, 2023, mentions the momentum fintech companies have made in the past 20 years, reshaping the financial services industry.
“Technology is best when it creates a social good,” said John Fees, co-founder and CEO of GradGuard. “GradGuard’s technology platform makes it possible for more students and families to affordably protect what is often the second largest investment in their household. Now, 15 million college families who invest more than $400 billion a year in their education can protect themselves and more easily overcome the financial losses that can otherwise disrupt their education.”
This recognition showcases how GradGuard’s advanced technology platform and pioneering insurance programs fulfill its mission for helping colleges and universities educate and protect their students from the risks of college life. The risks are real, with the National Student Clearinghouse reporting more than 113,000 students took a leave of absence from higher education in 2021 and around 2,000 fires reported on average annually on college campuses by Clery Act Reports. GradGuard is addressing the modern risks facing students and their families.
“As pleased as we are to be recognized alongside major industry leaders and innovative fast-growing companies, we are most proud of the trust and confidence of more than 500 school partners who rely on GradGuard to provide valuable protection programs to students so that they can affordably protect themselves from the risks of college life.”
The full report can be found here.
GradGuard is the #1 provider of college renters and tuition insurance. Since 2009, GradGuard has protected more than 1.5 million students at more than 1,800 unique institutions.
GradGuard’s innovative protections are embedded within the enrollment processes of the largest and most prestigious universities in the United States, ensuring their students are protected from the risks of college life.
Sr. Director of Marketing, GradGuard