On the surface, it’s an unlikely combination. Why would a gym management software company like PushPress get involved in the insurance industry?
The answer to that question actually began years ago, before PushPress ever existed.
“When I was a gym owner, I got ripped off by a payments company,” said CEO Dan Uyemura. “They lied to me about their rates. So when I started PushPress, I vowed to always look for ways to save gym owners money.”
When he saw that insurance was an area where fitness businesses were being significantly overcharged, he asked his team, “How can we solve this?”
Business Insurance Built for the Gym Community.
To research the insurance opportunity, Uyemura and his team turned to the PushPress community. In speaking with gym owners, they realized two crucial problems within the gym insurance industry.
- Increasing prices across the entire commercial insurance industry are driving up premiums. This impacts even lower-risk industries, such as gyms.
- Gyms are often misunderstood and misclassified by the insurance industry, resulting in higher-than-necessary premiums.
Justin Chiu is the Insurance Team Lead for PushPress. He explained that a lightbulb went off after hearing similar stories from multiple gym owners. Despite not filing a single claim over five to 10 years, their premiums still continued to increase.
The PushPress team saw this as an opportunity to create a bespoke insurance program. Currently only available for PushPress clients, it allows gym owners to establish control over pricing and coverage decisions.
Ultimately, the insurance program covers gym activities that traditional, horizontal-focused carriers aren’t willing to cover. It’s designed to evolve with gyms’ ever-changing fitness operations and client demands. This includes options like coverage for 24/7 access and youth fitness programs. Coverage options will continue to expand based on feedback from the PushPress community.
To build this community-focused program, PushPress partnered with Authentic Insurance, a NYC-based “insurtech” company. PushPress Insurance is admitted “A- Excellent” AM Best rated and backed by Everspan Insurance Company. What does this mean for you as a gym owner? Simply, we’ve got you covered.
How PushPress is Fighting for Gym Owners.
In short, the decision to fight for fair coverage comes down to the PushPress “help first” ethos. As gym owners ourselves, we’ve made it our mission to help other owners succeed. This means we’re always searching for new, innovative solutions. From gym management software to saving you money on insurance, we’re here to help.
Since launching PushPress Insurance in May, we’ve been able to save some gym owners between $1,000 to $3,000 per year on their premiums, or as much as 50-60% annually. One owner even saved as much as $7,500 annually. (Yes, we did a double-take too!)
Our favorite quote so far is from Andrew Resendez, owner of Beast Mode CrossFit in Friendswood, TX.
“I was able to save over $2,000 from my most recent quote... the whole process took less time than ordering a Subway sandwich.”
It’s true. Getting a no-obligation quote takes less than five minutes. At PushPress, we understand that each gym is unique. We’re committed to better coverage and reduced premiums for your gym. We’d love to see if we can insure your gym.
See for yourself! Here’s how you get a quote today.
