Matic is a digital P&C insurance marketplace built to simplify the insurance buying process. Licensed in all 50 states, Matic helps originators and servicers integrate homeowners insurance into the mortgage process by quickly matching borrowers with insurance from a marketplace of 40+ A-rated carriers, saving them time and money.
Matic disrupted the mortgage industry by trailblazing the concept of “embedded insurance” within the homeownership experience, allowing lenders to integrate the insurance shopping process into their existing systems. Matic’s proprietary technology leverages borrower and property data from loan officer systems eliminating the need to manually enter data and reducing the time it takes to secure homeowners insurance. For lenders, these solutions help reduce the time it takes to close a loan, minimize loan extension fees and reduce churn due to DTI ineligibility. This technology also helps servicers reduce cycle time for recertification of insurance, increase customer retention and decrease portfolio runoff.
Company Website:
Markets Served:
Loan Origination, Servicing
Company HQ:
Columbus, OH
