Nexsys Clear HOI streamlines the process of verifying homeowners insurance by providing the mortgage origination industry’s first-ever direct integrations with the nation’s leading homeowners insurance companies. Through a simplified set of APIs, mortgage lenders can pull in all evidence of insurance fields directly into their LOS without any manual work. Nexsys saw an opportunity to develop a solution that would disrupt these industries by building out integrations into the top homeowners insurance companies to pull in client data from any participating lender at the click of a button.
- With two top insurers on board, one lender has enjoyed a nearly 10% reduction in calls to insurance companies.
- Nexsys expects to have nearly 20% of insurance companies (by market share) on the platform in March
- Insurance companies have embraced Clear HOI as an innovative way to allow their agents to focus on revenue-driving and client-facing activities