Roostify & Covered Insurance Partners to Streamline Homeowner Insurance

Roostify, a leading mortgage technology provider, now supports integration with the Covered Insurance Marketplace to streamline the homeowners’ insurance buying process and shorten the loan lifecycle. This integration gives borrowers the flexibility to shop and compare quotes from over 30 leading insurance companies and quickly purchase them within the Roostify platform.

“Our integration with Covered is a major step in continuing to simplify the home lending process by elevating the customer experience when shopping for home insurance,” Roostify CEO and co-founder, says Roostify founder Rajesh Bhat. “We’re helping lenders to offer greater convenience in their workflow and improve customer satisfaction, further exemplifying Roostify’s goal of providing the most customer-friendly, streamlined homeowner journey from start to close,” Bhat was also added

Lenders can offer competitive advantages by enhancing operational efficiency and creating a customized homeowners insurance buying experience. Lenders can provide a self-service borrower experience, allowing borrowers access eligible quotes in under 90 seconds. They also allow borrowers to finalize a policy within 15 minutes. This saves them an average of three days funding their loan.

“Our embedded insurance capabilities are providing a more personalized borrower experience, accelerating transaction timelines and intersecting with the customer when and where they need it most,” Comment Ross Diedrich, CEO, Covered. “Roostify’s integration with Covered allows both organizations to truly elevate the home lending experience, with customer satisfaction and convenience at its core.”

The lender portal allows borrowers to quickly access multiple quotes and compare annual premiums, dwelling limits, deductibles and more. Roostify users have the ability to connect with Covered Insurance Advisors through any communication channel they choose. This integration expedites the loan lifecycle by giving borrowers the flexibility to shop for the best quotes and choose their path to complete the homeowners’ insurance process.

Another step forward is the integration of the Covered Insurance Marketplace. It further highlights Roostify’s leadership and ingenuity within the space, along with the company’s continued commitment to helping facilitate a better lending experience for both lenders and borrowers.

Get latest news from African Startup ecosystem

Latest stories

You might also like...