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Free News Articles Home Alliances and Partnerships Business Free News Articles Insurance Software Matic Insurance Services Debuts Integration with Roostify During TechCrunch Startup Battlefield, Advances to CompetitioFinal Round Matic Insurance Services Debuts Integration with Roostify During TechCrunch Startup Battlefield, Advances to Compnal Round
SHERMAN OAKS, Calif. -- Matic Insurance Services (Matic), a digital insurance agency that enables borrowers to purchase homeowner's insurance during the home-buying transaction Noah Vonleh Womens Jersey , has forged a partnership with automated lending technology provider Roostify. The company announced the news Tuesday afternoon from the stage of TechCrunch's Startup Battlefield, part of the TechCrunch Disrupt SF conference held in San Francisco this week. Matic was one of just six elite startups chosen to advance to the final round of the competition.
"Homeowner's insurance has long been a missing element in mortgage innovation," said Matic co-founder and CEO Aaron Schiff, who demonstrated the integration "By relocating the insurance purchase decision to where it belongs - within the mortgage transaction - Matic is bridging the gap between mortgage tech and insurtech and meaningfully improving the experience of borrowers and lenders alike."
"Our partnership with Roostify makes it as easy as the tap of a button for borrowers to purchase homeowner's insurance during the loan application process," added Matic co-founder and COO Ben Madick. "We make the policy information simple to understand, and the entire process takes just minutes Robert Covington Womens Jersey , alleviating unnecessary borrower stress and enabling loan officers to close loans faster."
"The integration of homeowner's insurance into the home loan process is a big step forward for the mortgage experience," said Roostify VP of Products Sandeep Aji, whose team worked closely with Matic to prepare for the TechCrunch competition. "Roostify is on a mission to improve the home-buying process, and we welcome the opportunity to partner with companies like Matic that share our vision and can help us execute on it."
Roostify's digital mortgage platforms, preferred by leading lenders including tier-1 banks and large independent mortgage banks, accelerate the mortgage loan process by eliminating unnecessary paperwork and making it easy for borrowers to apply for a loan Keita Bates-Diop Womens Jersey , submit the required documentation and communicate with their loan officer and other loan participants from any web-enabled device.
Matic was among just 22 startups selected to compete in TechCrunch's Startup Battlefield, the world's pre-eminent startup competition. Each Battlefield event invites a select group of early-stage startups to pitch their businesses in front of a live audience of thousands, including members of the press, investors and potential business partners. Pitches are critiqued by a panel of judges that includes leading venture capitalists and entrepreneurs. The winning pitch earns a place at the top of the Startup Battlefield leaderboard and a $50,000 cash prize.
More than 648 startups have participated since the first Startup Battlefield in 2007, including such household names as Mint Jake Layman Womens Jersey , Dropbox and Yammer. In aggregate, these companies have raised over $7 billion, and nearly 100 have been acquired or gone public.
For more information, download Matic's press kit from https:maticinsurancepresskit.pdf.
About Matic Insurance Services
Matic Insurance Services (Matic) was founded in 2014 by Aaron Schiff and Benjamin Madick. Based in Sherman Oaks, California, Matic is a technology-driven insurance agency focused on helping lenders and loan officers better integrate homeowner's insurance into the lending process. By using loan application information and first-of-its-kind technology Josh Okogie Womens Jersey , Matic provides homebuyers multiple policy options within seconds, helping loan officers close their loans faster.