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We’ve worn every hat in the leasing deal (landlord, broker, and tenant) and are committed to making the process better for everyone.
As landlords ourselves our founding team was always so frustrated with the enormous gap in what we could collect in cash in comparison to the growing size of our deal costs.
We’ve personally felt the pang in our stomachs- we’d be asked to put 12 months of rent equivalent into a deal to get a tenant signed and then only collect a month or two in cash as security for defaults.
Founded in 2019, Otso offers lease insurance for office, retail, and industrial assets in the United States through our partnership with Assurely and Accelerant.
There are $250 Billion dollars right now in cash locked up in commercial real estate deposits in this country. Landlords secure the risks of their leases by requiring a Tenant to put collateral upfront most commonly in the form of cash or letters of credit And you know what? $250B may sound like a big number, but it’s not nearly good enough for Landlords. Oh, and for the Tenant, there is no greater waste of capital than locking up ANY amount of money for years on end at ZERO percent interest.
We can help in over 40 states right now, let’s talk about how we can make Otso an advantage in your lease today.
As landlords ourselves our founding team was always so frustrated with the enormous gap in what we could collect in cash in comparison to the growing size of our deal costs.
We’ve personally felt the pang in our stomachs- we’d be asked to put 12 months of rent equivalent into a deal to get a tenant signed and then only collect a month or two in cash as security for defaults.
Founded in 2019, Otso offers lease insurance for office, retail, and industrial assets in the United States through our partnership with Assurely and Accelerant.
There are $250 Billion dollars right now in cash locked up in commercial real estate deposits in this country. Landlords secure the risks of their leases by requiring a Tenant to put collateral upfront most commonly in the form of cash or letters of credit And you know what? $250B may sound like a big number, but it’s not nearly good enough for Landlords. Oh, and for the Tenant, there is no greater waste of capital than locking up ANY amount of money for years on end at ZERO percent interest.
We can help in over 40 states right now, let’s talk about how we can make Otso an advantage in your lease today.
Josh is an experienced commercial real estate professional with over a decade of brokerage, ownership and investment backgrounds. He has built and launched products to serve the stakeholders of the CRE industry since 2016 while continuing to invest, advise and grow portfolios in excess of $1B in value.
Marissa is an accomplished entrepreneur with experience in technology, real estate as well as operations. She is a multiple degree holder and graduate of West Point, TCU and UT. As both a combat veteran and founder she has led successful teams all over the world. After trading in her “M16 for a Laptop” she has iterated, launched and led several companies in the technology space since 2011.
Frank is an accomplished executive, entrepreneur and consultant with over 25 years of experience in leading and helping companies successfully grow in their respective fields. With extensive background in finance and technology, Frank has served both as c-suite executive and consultant to some of the largest companies in the world. Guiding companies to making strong financial decisions while keeping the customer experience “amazing” is his passion.
David is an experienced insurance professional primarily stemming from a successful career within the retail insurance brokerage industry. He was an innovator there and had a track record of bringing new tech and product solutions to changing industries and high-growth corporate customers.
David previously spent numerous years at USI Insurance Services, a leading insurance brokerage firm, selling and developing insurance products for enterprise clients. Since 2007, David has been widely viewed as one of the rising stars within the marketplace and a future leader in the industry.
Ty is recognized as one of the most influential insurance professionals of his generation, developing an unprecedented number of new products for the world’s largest insurance companies. He is considered the creator of Entity Coverage Directors & Officers Insurance, Cyber Insurance, Reputation Insurance, Y2K Insurance, Collectible Authenticity Insurance, and Intellectual Property Collateral Insurance.
Prior to co-founding Assurely, Ty was a founding member of Lemonade and served as its founding Chief Insurance Officer. Lemonade went public in 2020 in the largest IPO of 2020 (as of April 2020).
Aaron is an attorney and insurance industry veteran with 17 years’ experience in underwriting program business. Before joining Accelerant, Aaron served as founder and CEO of an insurance advisory firm focusing on product development and carrier procurement, which included the buildout of an InsurTech MGU focusing on residential rent default insurance. Aaron’s career spans a stint as a Senior Vice President with Aon Affinity where he was responsible for strategy, underwriting, program design, and distribution for their Healthcare Professional Liability vertical. Aaron has also worked for both publicly and privately held specialty MGUs throughout his career.
Strength and Speed. We help you bring Tenants from prospect to signed in minutes. Here are some of our partners.
See how we’ve reimagined commercial lease security for landlords and tenants…
Every policy is 100% backed by Accelerant, an AM Best Rated A- Insurer and administered by Assurely, an award-winning Insurtech Program Adminstrator.
Otso is a financial services company formed by industry veterans of commercial real estate, finance and technology to revolutionize the commercial leasing process for both Tenant and Landlord.
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