Roostify and Covered Insurance partner to simplify processes

Roostify, a leading mortgage technology provider, has partnered with Covered Insurance to streamline homeowner’s insurance process

Mortgage technology provider, Roostify, is now supporting integration with the Covered Insurance Marketplace to streamline the buying process of homeowners insurance. 

Customers using the Roostify platform can give borrowers the option to explore multiple insurance quotes and compare the annual premiums, dwelling limits, and deductibles. Within the Roostify platform, users can connect with Covered insurance advisors for education and support through the communication channel of their choice.

"Our integration with Covered is a major step in continuing to simplify the home lending process by elevating the customer experience when shopping for home insurance," says Roostify co-founder and CEO Rajesh Bhat. "We're helping lenders to offer greater convenience in their workflow and improve customer satisfaction, further exemplifying Roostify's goal of providing the most customer-friendly, streamlined homeowner journey from start to close." added Bhat.

Providing a more personalised experience 

Founded in 2016, Covered is an embedded insurance platform. As a leading independent, insurtech, it offers a comprehensive online insurance marketplace with over eight insurance products, personalised quote options from 30+ carriers, and multiple policy purchase methods. The company aims to make it easy to compare, shop, and purchase personalised insurance in minutes with the best coverage and rates.

"Our embedded insurance capabilities are providing a more personalised borrower experience, accelerating transaction timelines and intersecting with the customer when and where they need it most," commented Ross Diedrich, CEO, Covered. "Roostify's integration with Covered allows both organisations to truly elevate the home lending experience, with customer satisfaction and convenience at its core."

Simplifying the home lending process 

Through this experience within the lender portal, borrowers can explore multiple insurance quotes within minutes and quickly compare the annual premiums, dwelling limits, and deductibles. Within the Roostify platform, users can connect with Covered Insurance Advisors for education and support through the communication channel of their choice. This integration expedites the loan lifecycle by giving borrowers the flexibility to shop for the best quotes and choose their path to complete the homeowners' insurance process.

The integration of the Covered Insurance Marketplace is another step forward in the digitisation and simplification of the home lending process for the company. It also further highlights Roostify's continued commitment to help facilitate a better lending experience for both lenders and borrowers.


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