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HomeBusinessFintechCanopy Connect Announces Integration with Encompass to Verify Insurance in Seconds

Canopy Connect Announces Integration with Encompass to Verify Insurance in Seconds



EIN Presswire

Verify insurance from 91% of the homeowners insurance market

Canopy Connect, a leading insurance verification technology provider, announced a new integration using the latest API framework from Intercontinental Exchange (ICE) for mortgage technology and available via the marketplaceĀ in the ICE digital lending platform. This modern framework enables industry participants to integrate to ICE solutions and provide their services to loan originators and servicers through secure API-enabled technology. TheĀ integration allows flood and homeowners insurance policies to be verifiedĀ via Canopy Connect directly within Encompass.

Canopy Connect powers automated insurance verification through consumer-permissioned data sharing. From Encompass, a user can order a verification and send a verification email to a borrower. The borrower clicks the link, finds their insurance carrier, and signs in with their carrier credentials. In seconds, verified policy information and documents are available directly in the lenderā€™s Encompass loan file.

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ā€œThis new integration with Encompass reflects our commitment to helping lenders more efficiently verify insurance,ā€ saidĀ Tolga Tezel, founder and CEO of Canopy Connect. ā€œCanopy Connect is transforming a process that used to require time wasted on hold and multiple reminders, into an automated 30-second transaction.ā€

Encompass users can learn more about the integration with Canopy Connect in the Marketplace.

Encompass Partner Connectā„¢ enables the integration of key third-party products and services with ICE mortgage technology solutions. ICE does not own, control, nor endorse any specific industry participant or the product/service provided. Loan originators and servicers are responsible for vetting, selecting, and contracting with the providers of their choosing.

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