Protecht rebrands as Teak
Protecht has rebranded as Teak <i class="fa fa-info-circle company-popover" data-content=" Teak Founded: 2016 Headquarters: Phoenix, Arizona, United States Total Funding: $21.93M See full company profile “> . The new name reflects the company’s defining traits — dependable, hardworking, and built to last. Founded in 2016, Teak has facilitated more than $1 billion in protected experiences…
Protecht has rebranded as
Teak <i class="fa fa-info-circle company-popover" data-content="
Teak
| Founded: | 2016 |
|---|---|
| Headquarters: | Phoenix, Arizona, United States |
| Total Funding: | $21.93M |
| See full company profile |
“>
. The new name reflects the company’s defining traits — dependable, hardworking, and built to last.
Founded in 2016, Teak has facilitated more than $1 billion in protected experiences through its platform. Its products — including Smart Refunds and Friendly Insurance — integrate directly into checkout flows, allowing businesses to offer consumers refundability and confidence while boosting ancillary revenue by up to 20%.
Teak partners with A.M. Best–rated insurance carriers to deliver these embedded solutions through a lightweight API. Beyond integration, it handles the complexity behind the scenes — from risk management and payouts to UX optimization and technical performance — letting partners focus on delivering exceptional experiences.
Fanshield, Teak’s licensed insurance subsidiary, will retain its name and align with the new brand identity.
The post Protecht rebrands as Teak appeared first on Coverager – Insurance news and insights.