Progressive Insurance | May 11, 2022
Volly is pleased to announce a partnership with Progressive Insurance, one of the top 15 insurance carriers for homeowners in the United States. Volly is a leading marketing and customer engagement strategy and a cutting-edge lending technology provider. New Capital Partners (NCP) is an Alabama-based private equity firm that collaborates with niche, tech-enabled service providers in the healthcare, financial, and business services sectors.
Almost every single family requires home insurance for home purchases and mortgage refinances. In case a borrower fails to provide proof of home insurance before the loan closes, it might be possible for families to get funded. Subsequently, delays like this are costly for lenders and inconvenient for borrowers.
Customers applying for a loan through Volly's Lending Solutions platform will now have access to Progressive home insurance quotes. These quotes are based on information about clients that have already entered their loan applications enclosing their public property records.
Customers will be able to purchase or use Progressive's network to compare policies and quotes from affiliated and third-party insurers. As a result of such flexibility, borrowers will experience a more cohesive and efficient digital mortgage process. Lenders will benefit from shorter funding timelines and encounter fewer closing issues.
We are thrilled to be working with such a well-known brand as Progressive. We admire the Progressive model, which perfectly complements Volly's Lending Solutions platform. This one-of-a-kind integration provides clients with insurance quotes with a single click, making it easier to close their loans with much-needed peace of mind during the lending process."
Volly CEO Jerry Halbrook.
First Light Recovery | April 12, 2022
First Light Recovery reported new in-network agreements with seven esteem insurance companies, namely Kaiser Permanente, Anthem BlueCross, HMC Healthworks, Magellan, Multiplan, First Health, and United Healthcare.
The mental health provider, First Light, hopes that this update will make other mental health services more available to people in the area. When a provider is in-network with an insurance company, individuals with those policies may benefit from several services, such as:
Reduced out-of-pocket costs, as insurance companies try to cover more significant percentages of the expenses for in-network providers
Potentially more accessible admission, as in-network providers may not necessitate the similar referral and pre-auth processes as out-of-network providers
Improved service agreement standards, as most in-network providers are essential to meet specific service levels to remain in-network
We are proud to announce that we are now in-network with seven carriers, with our latest one being United Healthcare. It gives us a better opportunity to help more people, and that's exactly what we are here for."
Neal H Patel, CEO of First Light Recovery.
First Light Recovery provides various treatment options for mental health disorders and strugglers. Its residential treatment programs are accessible to people aged 18 to 59 diagnosed with FLR's treatment parameters. The programs comprise 24-hour support and a robust structure of needs for individuals’ care, round-the-clock nursing or clinical supervision.
At First Light, mental health disorders include schizoaffective disorder, schizophrenia, anxiety, depression, panic attacks, social anxiety, bipolar disorder, impulse-control disorder, posttraumatic stress disorder, obsessive-compulsive disorder, ADD/ADHD, and personality disorders are treated the best. Two-to-one staff-to-client ratios and a low-stimulation environment provide clients with utmost comfort, the ability to heal faster and ways to cope and manage their disorders.
Treatment programs also include education to help patients learn or relearn daily living skills regarding a mental health disorder. Skills mostly made to understand for them include budgeting, planning each day, nutrition, and personal hygiene.
First Light Recovery is credited by the Commission on Accreditation of Rehabilitation Facilities. CARF Accreditation demonstrates a provider's commitment to providing quality care and a proactive focus on satisfactory outcomes for every patient.
Cision PR Newswire | October 19, 2020
MAPFRE and Shift Technology, a provider of AI-native fraud detection and claims automation solutions for the global insurance industry, have come together to radically transform the way customers deal with insurance claims. Shift, who had already disrupted the insurance world with their acclaimed AI-powered fraud solution, is now leveraging its experience in claims to create a state-of-the-art, end-to-end claims automation solution. Together with MAPFRE, the company aims to deliver an instant, friendly and transparent experience.
Numerous studies show that filing an insurance claim is often cumbersome for customers and that the process typically takes longer than expected. Once they have notified their insurer of the incident, customers report finding it difficult to navigate the various steps of the claims process.