Tagged: underwriting

September 3, 2023 @ 6:17 am By Omar Faridi  |  

Clear Capital, the national real estate valuation technology company, announced a partnership with LenderX, a real-estate valuations SaaS provider, “to deliver its lenders access to AURA, Clear Capital’s automated collateral underwriting solution.” LenderX is the first Clear Capital partner “to provide lenders with access to… Read More

May 28, 2023 @ 2:53 pm By Omar Faridi  |  

Everest Re Group, Ltd. (NYSE: RE), a global underwriting firm providing property, casualty, and specialty reinsurance and insurance solutions, announced that Ricardo Anzaldua has “been appointed Executive Vice President and Group General Counsel, effective June 12, 2023.” Mr. Anzaldua will “report to President and CEO… Read More

March 6, 2023 @ 11:27 am By Omar Faridi  |  

CAPE Analytics, which claims to be the leader in AI-powered geospatial property intelligence, announced its integration with insurance carrier American National in order to enhance its risk management and underwriting processes “by leveraging CAPE property insights.” Working with CAPE geospatial property insights will “allow American… Read More

January 7, 2023 @ 9:26 am By Omar Faridi  |  

Liberate Innovations Inc., a software-as-a-service (SaaS) platform that enables P&C insurers to fully automate claims and underwriting journeys, announced its launch “after raising $7 million in venture funding.” The platform “empowers insurers to deliver digital self-serve experiences and orchestrate an ecosystem of solutions providers and… Read More

November 17, 2022 @ 1:32 pm By Omar Faridi  |  

Nationwide announced a partnership with Human API, a health data platform, to improve the life insurance buying experience “by maximizing the use of digital health data to accelerate the underwriting process.” Human API’s Health Intelligence Platform “connects electronic health data from thousands of sources in… Read More

November 3, 2022 @ 9:32 am By Omar Faridi  |  

Zest AI, which claims to be the leader in automating underwriting with more accurate and inclusive lending insights powered by AI, announced that the company has “raised over $50 million in a new growth round.” The investment round was “co-led by existing global software investor… Read More

September 15, 2022 @ 8:17 pm By Omar Faridi  |  

Codat, the universal API for small business data, announced a partnership with nCino (NASDAQ: NCNO), the worldwide specialist in cloud banking, “to automate and accelerate banks’ ability to underwrite small business loans around the world.” nCino’s solution significantly “reduces the time it takes banks to… Read More

July 29, 2022 @ 2:29 pm By Omar Faridi  |  

Lokyata, a company focused on delivering products that digitize, automate, and scale lenders’ credit decisions, has released a number of platform enhancements “to help lenders further automate loan decisioning to save time, minimize manual work, standardize processes, and improve underwriting performance.” The company “sees particular… Read More

May 11, 2022 @ 8:35 pm By Omar Faridi  |  

Global AI-enhanced credit decision platform provider Scienaptic AI recently announced that Levo Credit Union, a 30,000 member strong credit union serving the South Dakota region, “is live on its platform.” Scienaptic’s platform will “allow Levo to increase approval rates, augment its credit decisioning process and… Read More

January 20, 2022 @ 2:07 am By Omar Faridi  |  

Thincats, a UK-based lending platform, explains that their expertise in SME lending is the product of “a detailed manual underwriting process combined with market-leading data.” Because of their sharp focus on mid-sized SMEs, ThinCats claims that they have “continually invested in making sure [they] have… Read More

September 5, 2021 @ 5:21 pm By Omar Faridi  |  

During this month’s installment of “Did you know” by P2P lender Blend Network, they’re sharing some of the “secrets” of their due diligence and underwriting process so that you get to know more about the processes they go through to “ensure that you and hundreds… Read More

July 23, 2021 @ 10:44 am By Omar Faridi  |  

iPipeline, a provider of low code / no code content-enabled digital solutions and services to the financial services sector, reveals that global reinsurance company, PartnerRe, has decided to adopt the iPipeline’s SSG Digital® Platform in order to expand its international protection portfolio. As mentioned in… Read More

April 30, 2021 @ 11:07 am By Omar Faridi  |  

Proptech platform LendInvest notes that its founders began operations in response to a UK mortgage market that’s “fundamentally broken.” The LendInvest team points out that for many years, it’s been a market mostly dominated by banking institutions, and acquiring a mortgage can be one of… Read More

March 17, 2019 @ 9:24 pm By Samantha Hurst  |  

Insurtech startup Zesty.ai has recently formed a new partnership with Aon plc (NYSE:AON), a global professional services firm providing a broad range of risk, retirement and health solutions, to enhance insurers’ underwriting through access to more than 130 billion data points on buildings and their… Read More

February 25, 2019 @ 2:44 pm By Samantha Hurst  |  

Real estate crowdfunding platform RealtyMogul announced on Monday it has sold a machine learning and artificial intelligence loan underwriting tool to Hunt Real Estate Capital. According to RealtyMogul, Hunt Real Estate Capital plans to deploy the tool across its commercial real estate lending business. While sharing details… Read More

May 5, 2017 @ 5:38 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has published the agenda for the May 10 meeting of its Advisory Committee on Small and Emerging Companies (ACSEC). At this meeting, ACSEC will discuss the underwriting of small offerings and will receive updates from SEC staff about the… Read More

December 18, 2014 @ 9:13 am By Samantha Hurst  |  

iFunding, the real estate crowdfunding platform that makes investing simple, announced on Thursday (December 18th) Richard Reynoso has joined the company as Vice President of Underwriting. Reynoso will oversee end-to-end lending operations for iFunding. This is a further step the company is taking to expand… Read More

March 4, 2014 @ 9:06 am By Charles Luzar  |  

Throughout 2013, PayPal and crowdfunding project creators repeatedly found themselves at odds. First it was Lab Zero Games, the company behind the hugely popular campaign for Skullgirls. Paypal froze Lab Zero’s account only to later release all but $35,000 of Lab Zero’s Indiegogo cash. It… Read More