California based digital insurance agency Matic Insurance Services has raised a $7m Series A led by Anthemis and Nationwide.
By using loan application information and technology, the company provides homebuyers multiple policy options, helping loan officers close their loans quickly, reduce origination costs and improve the borrower experience. A licensed insurance agent in all 50 states, Matic has partnered with U.S. mortgage lenders including Freedom Mortgage and Mr. Cooper as well as insurance carriers including Nationwide, Progressive, National General Insurance and Safeco. It integrates with such leading mortgage loan origination (LOS) and point-of-sale (POS) systems as LendingQB, PCLender, BeSmartee, Maxwell and Roostify.
http://www.finsmes.com/2017/11/matic-insurance-services-raises-7m-in-series-a-funding.html