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Scott Painter, founder of Esurance, is selling his beachfront property to fund the launch of a new car insurance startup. The California-based entrepreneur is reportedly seeking million for the luxurious 3,000-square-foot residence in Malibu, which boasts breathtaking views of the Pacific Ocean and features six bedrooms, five bathrooms, and an infinity pool. Painter’s decision to divest himself of this prime real estate comes as he prepares to pivot from his successful stint at Esurance to a new venture focused on providing innovative car insurance solutions for the modern driver.

Scott Painter, founder of Esurance, is selling his beachfront property to fund the launch of a new car insurance startup. The California-based entrepreneur is reportedly seeking $10 million for the luxurious 3,000-square-foot residence in Malibu, which boasts breathtaking views of the Pacific Ocean and features six bedrooms, five bathrooms, and an infinity pool. Painter’s decision to divest himself of this prime real estate comes as he prepares to pivot from his successful stint at Esurance to a new venture focused on providing innovative car insurance solutions for the modern driver.

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August 12, 2024