INSURANCE TECHNOLOGY

Volly, Progressive Insurance Partnership Aim to Integrate Insurance Quoting into Digital Model

Progressive Insurance | May 11, 2022

Volly,_Progressive_Insurance
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.

Spotlight

Here you will learn:
- How to get more Value from your Mortgage Life Insurance
- What your Bank doesn’t want you to know about Their Coverage
- How to Save Money on this valuable protection

Spotlight

Here you will learn:
- How to get more Value from your Mortgage Life Insurance
- What your Bank doesn’t want you to know about Their Coverage
- How to Save Money on this valuable protection

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