租赁保险-案例研究.pdf

1、Lease InsuranceCase Study Underwritten bySource:TPN Rental Payment Profiles Residential Q2 2024Q2 2024Paid on TimeGrace PeriodPaid LatePartial PaymentDid not PayGood StandingMarket Share%Market Share No R3,00054.0%4.6%11.6%14.4%15.1%70.4%13.1%432,300R3,000-R7,00064.6%4.7%12.8%12.0%5.7%82.1%47.1%1,55

2、4,300R3,000-R4,50062.6%4.8%13.7%12.8%5.9%81.2%16.4%541,200R4,500-R7,00066.2%3.8%12.4%11.9%5.5%82.4%32.0%1,056,000R7,000-R12,00075.8%3.2%9.4%7.8%3.5%88.5%28.5%940,500R12,000-R25,00074.2%3.8%10.1%8.1%3.6%88.2%9.9%326,700R25,00064.6%4.9%12.7%11.5%6.2%82.2%1.5%49,500Total Rental Units SA3,300,000SA Rent

3、al Payment Profiles11.5%to 17.9%of tenants haveoutstanding accountsEnough Protection?0.8x Rent2%to 6%Average DepositLoss RevenueDeposit Affordability 70%ofare NOT refunded5%per monthTrue CostBased on an average deposit equal to 0.8 of a months rentBarrier to EntrySqueezedTenantsReduced LowerORResult

4、 is LOSS in Revenue!What is Lease InsuranceB2B insurance,powered by technology,driven by data Data Collection&Analysis*Tenant Ledger*Easy.Simple.Fast.Customized Cover&Premium per property*All costs included in cover*Renter signs Lease&pays Waiver Fee*Instantly Covered*Technology Integration*Automate

5、d&Embedded*Market Zero Deposit ProgramLandlord pays Premium to Insurer*No cost to landlord*Renter Vacates-Amount owing*Converted to Claim*Claims paid within 7 days by BryteHow it worksJune 2023 to May 2024Launch7 PropertiesLease InsuranceNew tenantsAFHCO Case StudyAdoption driving OccupancyAdoption7

6、.5%6.2%6.1%5.1%5.1%5.4%R840kR700kR580kR690kR580kR640k*Rand amounts denotes the total value of the vacant units VacanciesFront-end BenefitsAdoption reducing DiscountsAdoptionDiscounts4.4%2.8%3.1%3.1%2.5%0.9%R490kR310kR350kR350kR280kR90k*Rand