Matic and nCino Embed Home Insurance Into Digital Mortgages

Why It Matters

Embedding insurance streamlines the mortgage pipeline, cutting closing times and improving borrower experience, which can boost lender profitability and market share.

Key Takeaways

• Matic integrates 70+ carriers into nCino mortgage platform
• Borrowers can shop insurance without leaving loan application
• Embedded insurance cuts closing delays, improves lender efficiency
• Matic serves over 100 lenders, one‑fifth US loans
• nCino’s cloud solution streamlines end‑to‑end mortgage workflow

Pulse Analysis

The mortgage industry has long wrestled with the final insurance step, a manual choke point that often delays funding. As lenders digitize underwriting and document collection, the missing link is a seamless way to secure home coverage. Embedded insurance platforms like Matic address this gap by aggregating carrier quotes in a single API, enabling real‑time pricing and instant binding. This trend mirrors broader fintech moves toward end‑to‑end digital experiences, where every transaction—from application to post‑closing services—occurs within a unified interface.

Matic’s integration with nCino’s cloud‑based Mortgage Solution embeds that marketplace into the point‑of‑sale workflow. Borrowers now encounter insurance options as soon as they enter the loan funnel, allowing them to select coverage while their credit and appraisal data are still fresh. For lenders, this reduces the risk of last‑minute policy gaps that can stall closing, cuts operational overhead associated with manual document collection, and improves key performance metrics such as days‑to‑close. The combined platform also offers optional advisor assistance, preserving the human touch for complex cases while maintaining a fully digital path for straightforward purchases.

Strategically, the partnership positions both firms to capture a larger slice of the $1.2 trillion U.S. mortgage market. With Matic already connected to more than 100 financial institutions, the nCino integration accelerates its penetration into mid‑size banks and emerging fintech lenders. Competitors are likely to follow suit, prompting a wave of bundled loan‑and‑insurance solutions that could reshape revenue models. As regulatory scrutiny tightens around consumer protection, the ability to provide transparent, comparable insurance options within the mortgage journey will become a differentiator, driving higher borrower satisfaction and lower default risk.