Nationwide introduces solution to verify home insurance

Nationwide’s Insurance Verification Digital Product, developed in 2021, is a collection of APIs that allow a verified user to first confirm whether a customer holds a Nationwide home, condo, or renters policy, then enables insurance details to be verified instantly. It also enables property managers to make sure their tenants are adequately protected.

The Insurance Verification Digital Product will be integrated into Assurant’s patent-pending HOIVerify solution to enable the two companies to verify insurance coverage and limits efficiently.

“Nationwide developed our Insurance Verification technology to drive ease and simplicity for customers and partners – it’s a great fit within Assurant’s insurance tracking ecosystem. Instead of a phone call or email, a customer’s insurance policy is verified within seconds. It’s powerful when you put customers at the center of what you do. You end up solving pain points that make a noticeable difference in their customer journey.” – Angie Klett, Nationwide’s senior vice president of Corporate Development.

“HOIVerify is a digital solution that will allow for Assurant to further modernize the complex homeowners insurance process. This innovative, API-based solution will allow for real-time status updates between Assurant and our partners, creating a seamless experience for everyone.” – Dave Madigan, president, Lender-Placed Insurance at Assurant.

As an aside, Nationwide’s partnership with Nexsys is still ongoing and Nationwide is leveraging the same technical capability across both the Assurant and Nexsys partnerships.