Vendors
日本語
search
  2. //
  3. Reports & insights
  4. //
  5. TruStage™: Enhancing Lending Experiences with Embedded Insurance

TruStage™: Enhancing Lending Experiences with Embedded Insurance

Create a vendor selection project
Click to express your interest in this report
Indication of coverage against your requirements
A subscription is required to activate this feature. Contact us for more info.
Celent have reviewed this profile and believe it to be accurate.
We are waiting for the vendor to publish their solution profile. Contact us or request the RFX.
Projects allow you to export Registered Vendor details and survey responses for analysis outside of Marsh CND. Please refer to the Marsh CND User Guide for detailed instructions.
Download Registered Vendor Survey responses as PDF
Contact vendor directly with specific questions (ie. pricing, capacity, etc)
20 March 2024
Juan Mazzini

Winner of the 2024 Celent Model Insurer Award for Innovation Execution

Abstract

TruStageTM is the recipient of the 2024 Model Insurer Award for Innovation Execution from Celent. TruStage is recognized for its innovative approach in enhancing lending experiences through embedded insurance.

TruStage's successful implementation of Payment Guard Insurance which is the first lending embedded insurance solution designed to provide coverage for a fully digital lending event. Payment Guard is designed to be a component of the loan event, adding an extra layer of protection for both borrowers and lenders. Long-term, Payment Guard may help to improve financial equity and inclusion by influencing lenders’ underwriting models to change by lowering borrowers’ credit risk.

We explore the key features and benefits of TruStage's payment guard offering, including streamlined application processes, personalized coverage options, and simplified claims procedures. Additionally, we discuss the positive impact on customer satisfaction, risk management, and revenue generation for lending institutions.

Access More