Assurant is the market leader in insurance tracking. The general process of tracking insurance on mortgage loans can be complex. When evidence of insurance isn’t provided, we must obtain the information from the homeowner or their insurance company. This can generate a lot of frustration for the customer and for the agents who field these calls.
Improved policyholder experience
Increased data accuracy and efficiency
Cost savings for insurance provider and agents
Improved business controls and compliance
Policy verification
Real-time homeowners' insurance verification platform designed to verify policyholder and lienholder information without insurance provider intervention.
Electronic payments
Eliminate paper checks from escrow clients for lower banking costs and to receive funds faster.
Corrections
Receive automatic mortgage clause updates whenever a mortgage is bought or transferred within our client portfolio.
Notifications
Receive real-time notifications of client communications and documents
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Policy verification
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Electronic payments
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Corrections
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Notifications
Strategy
We designed a digitally-enabled platform to transform an industry plagued with inefficiencies. With our insurance provider partners in mind, we built a patent-pending solution that eliminates the need for phone calls, emails, faxes and paper to verify and renew insurance, aimed at providing a better, more efficient customer experience with the added benefit of cost savings.
Integration
Our platform provides a bridge between insurance provider and mortgage servicer allowing systems to talk directly in real-time. We use open architecture technology with proprietary data translation to facilitate simple integration to eliminate clumsy data exchanges.
Security
Security is our central focus. We use industry-recognized safeguards to protect your data. We employ end-to-end encryption while data is in transit and at rest. Our security measures are reviewed on a regular basis by both internal teams and outside security specialist.
Platform
HOIVerify is a cloud-based platform leveraging state-of-the-art technology. Our platform is intuitive, scalable and reliable to meet the needs of our industry partners.
Guidewire and Assurant Partner
Guidewire and Assurant announced that Assurant has joined Guidewire
PartnerConnect as a Solution partner. Two new Guidewire Marketplace
integrations will expedite availability of claim funds
and automate homeowners insurance verification.
Homeowners Insurance Verification Insights
This article was published in PropertyCasualty360, an online publication of ALM, in October 2022. Click to read more about why carriers and agents receive so many requests for evidence of homeowners insurance and to learn about our solution.
Assurant Integrates Proprietary HOIVerify Insurance Tracking Solution with Nationwide
The API-based solution enables seamless tracking of homeowners insurance with Nationwide’s policyholders and Assurant.
Homeowners Insurance Verification
This article first appeared in the Winter 2022 issue of The Demotech Difference, a publication of Demotech, Inc.