Cutting-edge technology enables borrowers to find the best policy in just seconds
March 22, 2017 — SHERMAN OAKS and HUNTINGTON BEACH, CALIF. — Matic Insurance Services, Inc., the leading digital homeowner’s insurance agency for mortgage borrowers, announced it has partnered with BeSmartee, a digital mortgage marketplace provider, to help consumers find homeowners insurance policies that best fit their needs. Under the agreement, Matic’s intuitive insurance purchasing software will become part of BeSmartee’s mortgage platform, which lenders use to provide borrowers with self-service options for getting a home loan.
One of the fastest-growing insurance agencies in the U.S., Matic utilizes loan data, machine learning and human-powered intelligence to find the best policy options for homebuyers from highly rated carriers. Borrowers using BeSmartee will be able to satisfy all of their homeowners insurance needs within seconds, using either a desktop or mobile device. Because Matic works closely with a network of A+ rated insurance carriers in all 50 states, BeSmartee customers will be able to choose from trusted, tailored policies designed to specifically meet their needs.
“We are happy to be working with the team at Matic to deliver fast and accurate homeowners insurance quotes to our users, while providing our lender clients with the ability to give their borrowers a chance to purchase homeowners insurance policies directly from within the BeSmartee Smart Mortgage process,” said Arvin Sahakian, co-founder of BeSmartee.
“Matic works hard behind the scenes to make sure consumers receive the most appropriate and affordable homeowners coverage available,” said Ben Madick, co-founder and president of Matic. “Because our technology allows borrowers to review and select multiple policies within seconds, we will help BeSmartee close their loans faster than ever before.”
About Matic Insurance
Founded in 2014 by Benjamin Madick and Aaron Schiff, Matic Insurance Services, Inc. is a technology-driven insurance agency focused on helping lenders and loan officers better integrate homeowners insurance into the lending process. By using loan application information and first-of-its-kind technology, Matic provides homebuyers with multiple policy options in just seconds, helping loan officers close loans faster. Matic delivers the most trusted, affordable insurance policies available thanks to its partnerships with a vast, diverse network of insurance carriers. Today’s homebuyers expect a digital buying experience, and Matic gives them the digital insurance experience that meets their demands. The company is based in Sherman Oaks, California. To learn more, please visit maticinsurance.com.
BeSmartee has developed an automated mortgage origination technology the company private labels and licenses to lenders. By utilizing artificial intelligence, BeSmartee’s process enables lenders to take their borrowers from the initial contact into underwriting in 20 minutes with a complete loan application, credit report, income/asset documents, eSigned/eDelivered disclosures and paid appraisal. Founded in 2008 and headquartered in Huntington Beach, Calif., the BeSmartee team has worked on the front and back-end of mortgage originations for over a decade, applying their knowledge to develop a truly unrivaled user experience, with an array of tools and features catering to the specific needs of lenders and their customers.