SWBC partners with Covered
SWBC has partnered with digital insurance platform Covered Insurance to streamline insurance tracking and borrower engagement for mortgage servicers.
SWBC will integrate Covered’s technology into its insurance tracking and escrow services to automate insurance monitoring, borrower outreach, issue resolution and compliance documentation.
The partnership will also give servicers faster access to insurance declaration pages, while allowing borrowers to explore coverage from Covered’s panel of more than 80 carriers.
“Mortgage servicers are facing growing challenges related to regulatory requirements, insurance documentation, and borrower expectations. Partnering with Covered reflects the industry’s shift toward more intelligent, automated solutions that enhance visibility, efficiency, and long-term performance.” – Jill Ruggles, Senior Vice President of SWBC Product Management-Mortgage Servicing.
