LeaseLock Welcomes New Chief Economist
LeaseLock, a prominent player in the Insurtech sector, is excited to announce the appointment of Greg Willett as its new Chief Economist. LeaseLock specializes in providing innovative lease insurance solutions for rental housing, and this new addition aims to strengthen its capacity to analyze shifting economic conditions.
Significance of the Appointment
Greg Willett, with over 30 years of invaluable experience, comes with a wealth of knowledge and expertise that is expected to benefit owners and operators across the rental housing market. His role will focus on delivering insights that can shed light on economic trends and their potential impacts on market conditions.
Leadership Comments
Janine Steiner Jovanovic, CEO of LeaseLock, expressed her enthusiasm regarding Willett's appointment. She remarked, “Greg is an icon. He uniquely offers an economic outlook that is informed and innovative, as well as balanced. It’s an honor to team up with him again in serving the best interests of our industry.” This sentiment emphasizes the high regard in which Willett is held within the industry.
Willett's Vision
Greg Willett shared his excitement about joining LeaseLock, stating, “I have tremendous respect for the LeaseLock team and the company’s core mission. I’m excited to have access to new resources and to continue delivering economic insights for the betterment of our industry.” His vision to contribute positively aligns with LeaseLock’s commitment to providing best-in-class services in rental housing.
Greg Willett's Previous Experience
Before joining LeaseLock, Willett was recognized as First Vice President and National Director of Multifamily Research with the Institutional Property Advisors (IPA) Division at Marcus & Millichap. In that capacity, he focused on understanding the factors that influence performance within the housing sector, aiding in the development of effective investment strategies, market selections, and capital deployment.
About LeaseLock
LeaseLock is the pioneer of lease insurance for rental housing. Its innovative AI-driven underwriting program, LeaseLock Shield, is designed to optimize coverage and pricing for renters, properties, and real estate portfolios. This service not only protects owners’ profits but also quickens the leasing process while reducing legal and reputational risks.
With over $10 billion in leases insured, LeaseLock is revolutionizing how financial risks are managed in the rental housing industry. Being an exclusive partner of GRESB, LeaseLock is committed to enhancing housing accessibility, significantly reducing the burden of deposits for renters while safeguarding against potential bad debts. This dedication reflects LeaseLock's mission to create a more effective rental housing market.
Frequently Asked Questions
Who is the new Chief Economist at LeaseLock?
Greg Willett has been appointed as the Chief Economist at LeaseLock.
What is LeaseLock's primary service?
LeaseLock provides lease insurance solutions for rental housing, aimed at protecting property owners and easing tenant burdens.
How does LeaseLock Shield work?
LeaseLock Shield is an AI-driven underwriting tool that predicts risk and optimizes insurance coverage and pricing.
What experience does Greg Willett bring to LeaseLock?
Greg Willett has over 30 years of experience in economic analysis and was formerly the National Director of Multifamily Research at Marcus & Millichap.
What is LeaseLock's mission?
LeaseLock aims to improve housing accessibility by eliminating deposits while protecting against the risk of bad debt.
