Assurant introduces HOIVerify Origination
Assurant announced the launch of HOIVerify Origination, an API-enabled solution that streamlines and automates insurance verification during the mortgage loan origination process.
Key features include:
- Real-Time Policy Information – Enables lenders to access up-to-date insurance details to make informed decisions quickly.
- Multi-Carrier Integration – Supports cross-carrier search functionality with access to a comprehensive list of insurance data points.
- Automation and Compliance – Reduces manual effort and ensures regulatory compliance through intelligent automation.
Several partners, including “one of the fastest growing, highly-rated, lenders” in the United States, Spring EQ, are already using the platform as part of a pilot program.
“Assurant’s HOIVerify product suite modernizes the complex mortgage loan process. HOIVerify Origination is a proprietary platform that automates insurance verification at the point of the mortgage approval. With more than 40 years of experience monitoring insurance coverage, and deep carrier relationships providing access to a majority of U.S. homeowner policies, Assurant delivers the most comprehensive and frictionless experience for carriers, lenders, and borrowers.” – Greg Tuttle, Senior Vice President of Assurant Lending Solutions.
“Assurant is known for their industry-leading solutions, and HOIVerify Origination represents an exciting opportunity to bring more frictionless experiences to both borrowers and lenders.” – Adam Stern at Spring EQ.
