Business Wire | August 7, 2023
At the click of a button, mortgage providers, banks and car dealers can access an embedded insurance platform designed to quickly deliver protection plans for greater deal flow.
PHILADELPHIA–(BUSINESS WIRE)–Incenter Insurance Solutions, a member of the Incenter Lender Services family of companies, today announced the launch of an innovative digital/mobile embedded insurance solution called Incenter Connect. The technology provides organizations that require insurance for sales transactions, like banks, credit unions, mortgage lenders, and car dealerships, with a seamless, private-label, plug-and-play solution so their customers or members can purchase the policies they need to close the deal. EY has predicted that in the next five years, over 30% of insurance transactions are likely to take place through embedded sources.
Incenter Connect gives mortgage lenders and auto dealerships a speed of transaction advantage. Since these service providers can easily add Incenter Connect into their sales platform, their customers can access a one-stop shop for all types of coverage including home, umbrella, auto, and renter’s insurance.
This kind of technology is especially helpful for major national and regional enterprises that have multiple offices or dealerships, as it enables them to scale their transaction volume and provide consistent service from location to location.
“We are excited that our new digital service delivers a level of convenience for our clients by allowing them to automatically include requisite insurance into their loan fulfillment process,” said Craig C. Eagleson, President, Incenter Insurance Solutions. “Our technology gives clients an easy way to streamline and enhance their borrower experiences.”