Open Lending Partners with Securian Financial Group
2024年7月10日 - 9:40PM
ビジネスワイヤ(英語)
Automotive lending enablement provider adds
insurance provider to its roster of highly rated carriers
Open Lending Corporation (NASDAQ: LPRO) (“Open Lending” or the
“Company”), an industry trailblazer in automotive lending
enablement and risk analytics solutions for financial institutions,
today announced a partnership with Securian Financial Group, Inc.
(“Securian Financial”). The partnership enables Open Lending to
provide insurance coverage through its flagship Lenders Protection™
program as market volatility compromises automotive loan
portfolios.
“We are pleased to add Securian Financial as an insurance
partner for our Lenders Protection program,” said Chuck Jehl,
Interim CEO of Open Lending. “As a highly rated carrier with a long
history and familiarity with our credit union and other lending
institution customers, they are a great addition to our
program.”
Securian Financial joins a roster of highly rated carriers that
power Lenders Protection’s built-in insurance coverage. Using
alternative data and AI-powered risk analysis, Lenders Protection
prices and structures automotive loans according to each
applicant’s unique financial profile, enabling financial
institutions to securely offer loan opportunities to near- and
non-prime borrowers.
“We are excited to partner with Open Lending to help more people
secure auto loans while at the same time protecting the loan
portfolios of the financial institutions that serve them,” said
David Seidel, Securian Financial’s U.S. head of Affinity
Solutions.
Learn more about Open Lending at openlending.com.
About Open Lending
Open Lending (NASDAQ: LPRO) provides loan analytics, risk-based
pricing, risk modeling, and default insurance to auto lenders
throughout the United States. For over 20 years, we have been
empowering financial institutions to create profitable auto loan
portfolios with less risk and more reward. For more information,
please visit www.openlending.com.
About Securian Financial
To be confident in your financial future, you need to trust the
strength and commitment of the companies you choose to work with.
For more than 140 years, the Securian Financial family of companies
has been developing innovative insurance and retirement solutions
to meet the evolving needs of individuals, families and businesses.
Offered through partnerships with employers, financial
professionals and affinity groups, our products help bring peace of
mind to more than 23 million customers throughout the United States
and Canada. We are trusted by our partners and customers to fulfill
our purpose of helping to build secure tomorrows. For more
information about Securian Financial, visit securian.com or follow
us on Facebook, Instagram or LinkedIn.
Securian Financial is the marketing name for Securian Financial
Group, Inc., and its subsidiaries.
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version on businesswire.com: https://www.businesswire.com/news/home/20240710148848/en/
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