Who’s On Nationwide’s Side? Nexsys Clear HOI!
Nexsys Technologies® and Nationwide® have joined forces to make homeowners insurance verification fast, easy and automated through the Nexsys Clear HOI℠ digital platform.
Using Clear HOI’s groundbreaking digital technology and Nexsys’ industry-leading encryption, Nationwide will now be able to instantly confirm with mortgage lenders that a client has provided consent to share their insurance information. The result is a secure, digital process that modernizes an integral part of mortgage transactions.
“This partnership with Nexsys makes the insurance verification process seamless for our customers, making the homebuying process faster and giving our customers more time to focus on what matters most – living in their dream home,” said Angie Klett, Nationwide’s Senior Vice President of Corporate Development.
And that’s exactly what we had in mind when we developed Nexsys Clear HOI. Verifying homeowners insurance could often be a “speedbump” in the mortgage process because – prior to Nexsys Clear HOI – lenders and insurers typically communicated the information via phone or fax. This adds unnecessary delays to mortgage closings. But our innovative platform automates this critical step, allowing mortgage lenders to securely pull in evidence of insurance directly into their loan origination systems and valuable time.
“With the launch of Clear HOI, we’ve been able to innovate and simplify yet another step in the homebuying experience,” said Mike Lyon, Executive Vice President of Nexsys Technologies. “When our technology can increase speed, security and efficiencies for our partners, it’s a win for everyone. We’re incredibly proud to partner with Nationwide, helping them to streamline their processes and provide a better experience for them, their lenders and their clients.”
What Can Nexsys Clear HOI Do for You?
If you’re an insurer, Nexsys Clear HOI can eliminate all manual lender handling processes for homeowners insurance verification. You’ll free up your agents’ time because our platform automates third-party requests. You’ll enjoy the peace of mind that comes from knowing your clients have provided authorization to share their Evidence of Insurance (EOI). And you’ll communicate to lenders with consistency – your message and your policy information are sent using the same format every time.
Are you a mortgage lender? Our platform allows you to instantly and seamlessly connect with insurers. Plus, it virtually eliminates the chance of manual-input errors because EOI is electronically pulled directly from insurers.
Leave manual HOI verification processes in the past where they belong. Contact us today, and learn how you can verify HOI at digital speed with Nexsys Clear HOI!