Mortgage Automation and Point-of-Sale Solution

Borrowers Can Purchase Homeowners Insurance Without Leaving Floify

The newest addition to the Floify App Store is going to make the purchase of homeowners insurance much easier on your borrowers, and get your processors the EOI they need even faster.

With the Hippo Insurance App, loan officers can initiate a homeowners insurance quote from multiple carriers, and drop it in the borrower’s red bucket, in a matter of seconds. Your borrowers will be able to review their options and for alternative carriers they can easily arrange for a callback from that provider.

If deciding to purchase a Hippo Insurance policy, borrowers can customize AND purchase their policy all from within the Hippo Insurance App – never leaving Floify. In about 24 hours, the EOI for that policy will be automatically uploaded into the yellow bucket of their loan flow.

Who is Hippo Insurance?

Hippo Insurance is based in Mountain View California. The company launched April 2017, after raising $14M to reinvent home insurance. Among its many innovations, Hippo allows homeowners to quote and purchase home insurance in approximately 60 seconds online, save up to 25% compared to industry prices, and obtain coverage that is much more updated for modern homeowners. This includes protection for modern day possessions like consumer electronics, home offices, and appliances. The company was founded in 2015 by Assaf Wand and Eyal Navon.

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