Scott Cook Named to LeaseLock Advisory Board

Former Greystar CFO brings more than two decades of industry leadership experience

LOS ANGELES–(BUSINESS WIRE)–LeaseLock, the world’s leading insurtech platform for real estate, today announced the addition of MEB Management Service Principal, and former Greystar Real Estate Partners Chief Financial Officer, Scott Cook to the LeaseLock Advisory Board.

Cook spent 15 years with Greystar in a variety of roles, including CFO of the company’s property management division, and was a driving force behind several key initiatives and acquisitions. He also oversaw more than 400,000 apartment homes and more than 6,000 team members.

“We’re seeing multifamily finally transition away from traditional security deposits, and LeaseLock is leading that movement,” Cook said. “LeaseLock is unlike any legacy deposit alternative because they are the only solution designed to fully replace deposits across an entire portfolio. Lowering bad debt, ensuring legislation compliance and improving the resident experience are all key metrics operators are looking for and LeaseLock delivers all of them. I’m excited to participate in this industry-transforming moment through my role on their advisory board.”

Cook and fellow advisory board members will be tasked with helping guide the direction and evolution of LeaseLock’s insurtech solution, which replaces traditional security deposits and surety bonds by insuring the lease contract itself, rather than the deposit. As the only AI-powered insurance technology platform for rental housing providers, LeaseLock integrates into native property software systems and back-office workflows to deliver a seamless experience for both onsite teams and residents.

“Our advantage at LeaseLock is a product design philosophy that melds bleeding edge technology with time-tested multifamily operating systems and practices. We drive success by aligning with top multifamily executives to help guide our innovation process, and Scott Cook is one of the most prominent and highly respected figures in our industry,” said LeaseLock Chief Revenue Officer Ed Wolff. “We’re honored to add Scott’s voice, vision and industry expertise to the LeaseLock Advisory Board.”

LeaseLock’s preferred plan uses technology to automatically insure every lease with $3,000 in coverage. LeaseLock clients reclaim bad debt while drastically reducing deposit administration and regulatory risk. The latest upgrade introduces a new AI-powered risk platform that prescribes coverage for each asset based on historical loss data and continuously monitors changing risk to optimize protection levels. By eliminating the upfront financial barrier caused by deposits, LeaseLock generates coverage on 92% of all new leases.

NMHC Top 50 operator LeaseLock clients include Greystar, Cushman & Wakefield, Avenue5 Residential, Harbor Group Management Co., LMC, and RKW Residential. Top ownership clients include Goldman Sachs, ColRich, GoldCor, Olive Tree, TruAmerica, White Oak, Trinsic, Strata Equity Group, Goodman Real Estate, PGIM , Western Wealth Capital and Rockstar Capital.

About Us

LeaseLock is the world’s leading insurtech platform for real estate.

We provide lease insurance to eliminate security deposits from the rental housing industry—removing complexity for residents and operators while creating superior financial performance for asset owners.

Powered by artificial intelligence, we optimize coverage by property to better protect owners—resulting in industry-leading bad debt reduction. LeaseLock is deployed seamlessly within existing property software to increase lease conversion, drastically reduce deposit administration and regulatory risk, and improve the resident experience.

LeaseLock has insured over $2 billion in leases backed by insurance rated A (Excellent) by A.M. Best. Our global investors include SoftBank Ventures Asia, Wildcat Ventures, Westerly Winds, Vertex Ventures US, Liberty Mutual Strategic Ventures, American Family Ventures, Moderne Ventures, and Mucker Capital.

Contacts

LinnellTaylor Marketing

Marlena DeFalco

Account Director

(303) 682-3943

marlena@linnelltaylor.com