Digital Insurance reached out to Progressive to discuss the partnership but was directed to Volly for comment.
Volly’s point-of-sale platform, used for communicating and processing loan applications for its borrowers, will provide clients using this service with access to home insurance quotes from Progressive. When a Volly client completes a loan application through the Lending Solutions platform, the client will be transferred to Progressive. Here, the client is able to shop their information network to compare quotes from affiliated insurance companies.
Quotes are generated using information that was previously entered by Progressive clients, along with information from public property records.
“It’s an API integration between our digital running platform and Progressive’s platform,” says Jerry Halbrook, Volly CEO in an interview with Digital Insurance. “It’s a pretty simple integration, and it helps the borrowers get insurance quickly as part of the process.”
When a client refinances a mortgage, there can be delays in providing
Volly offers a series of technology-driven lending solutions, campaign management and real estate services. Volly’s clientele consists of around 125 to 135 banks and mortgage lenders across the U.S., making Progressive the first insurance company client.
“We are delighted to be working with a household name like Progressive,” Halbrook said in a statement. “The Progressive model is one we greatly admire and overlays perfectly with Volly’s Lending Solutions platform. This unique integration offers clients
