nCino and Matic Partner to Embed Insurance into the Mortgage Process

COLUMBUS, OH – February 11, 2026 – In a move set to redefine the homebuying journey, leading digital insurtech platform Matic today announced a strategic partnership with nCino, the prominent provider of cloud-based banking solutions. The collaboration will embed Matic’s home insurance marketplace directly into the nCino Mortgage Solution, allowing homebuyers to shop for and secure coverage seamlessly within their digital loan application.

This integration aims to dismantle a long-standing point of friction in the mortgage process: the last-minute scramble for homeowners insurance. By presenting insurance options early and contextually, the partnership promises to accelerate closing times for lenders while offering borrowers a more convenient, transparent, and integrated experience.

The End of the Last-Minute Scramble

For decades, securing homeowners insurance has been a cumbersome and often stressful final hurdle for aspiring homeowners. Typically pushed to the end of the loan process, borrowers are left to navigate a complex market under a tight deadline, a task that can delay closings and add significant anxiety to an already overwhelming experience. The new integration between Matic and nCino is designed to transform this outdated model.

Now, borrowers using a financial institution powered by nCino's mortgage technology can access Matic's marketplace of over 70 A-rated insurance carriers without ever leaving the loan portal. The platform uses data already provided in the mortgage application to generate personalized, bindable quotes in minutes. This allows borrowers to compare options, choose a policy, and provide proof of insurance to their lender digitally, turning a multi-day ordeal into a few clicks.

“Insurance can be complicated and stressful, especially when it’s left until the last step of the homebuying process,” said Ben Madick, CEO and Co-founder of Matic. “We’re thrilled to partner with nCino to simplify a traditionally difficult step for borrowers and help lenders keep the mortgage process on track.”

Beyond convenience, this streamlined approach offers tangible financial benefits. Matic reports that its platform saves customers an average of over $800 annually by facilitating easy comparison shopping—a significant saving at a time when household budgets are already stretched by the costs of a new home.

A Strategic Play in a Competitive Market

The partnership represents a powerful strategic alignment between two major forces in financial technology. nCino’s platform is the technological backbone for a vast network of global financial institutions, while Matic already partners with over 100 lenders and servicers that collectively handle one in five U.S. home loans. By joining forces, they create an integrated offering with immense scale and market penetration.

For lenders, the benefits are clear and compelling. In a competitive mortgage market, efficiency and customer experience are key differentiators. Delays in securing insurance are a common cause of postponed closings, which can impact a lender's pipeline and profitability. By embedding insurance, the nCino platform can now help its clients mitigate this risk, shorten loan cycle times, and improve operational efficiency.

“Lenders are continually looking for ways to remove obstacles that slow down the mortgage process,” said Casey Williams, General Manager of Mortgage at nCino. “Integrating Matic’s insurance marketplace directly into our platform does just that — giving borrowers timely access to coverage options while helping lenders deliver a faster, more convenient experience. It’s a win-win.”

Furthermore, the integration opens up new revenue opportunities for financial institutions. By facilitating the sale of insurance policies, lenders can generate commission-based income, turning a cost center—the administrative burden of tracking down insurance documents—into a potential profit center. This enhances the value proposition of nCino's platform and provides its clients with a tool to deepen customer relationships and increase lifetime value.

The Inexorable Rise of Embedded Finance

This collaboration is a prime example of a much broader industry trend: embedded finance. This model involves integrating financial services like lending, payment processing, or insurance directly into non-financial products and user experiences. The global market for embedded insurance alone is projected to surge from approximately $156 billion in 2024 to over $700 billion in gross written premiums by 2030, according to multiple industry reports.

The growth is fueled by a fundamental shift in consumer expectations. Modern customers, accustomed to the seamless convenience of e-commerce and streaming services, increasingly demand the same frictionless experience from their financial providers. They want services delivered at their point of need, within the context of their primary activity—in this case, buying a home.

Advanced API (Application Programming Interface) technology makes this possible, allowing disparate platforms like nCino’s mortgage software and Matic’s insurance marketplace to communicate and share data securely. This represents the digital evolution of older concepts like bancassurance, but with far greater efficiency, personalization, and scale. By offering the right product at the right time, embedded finance reduces friction and dramatically improves the customer journey.

Redefining the Financial Services Ecosystem

The Matic-nCino partnership does more than just streamline a single process; it signals a fundamental reshaping of the financial services landscape. As technology continues to blur the lines between banking, lending, and insurance, siloed, product-centric approaches are giving way to integrated, customer-centric ecosystems.

While other insurtechs like Hippo and Progressive have made inroads with embedded solutions, the sheer scale of nCino’s lender network combined with Matic’s extensive carrier marketplace creates an offering with the potential for widespread industry impact. This deep integration puts pressure on traditional insurance distribution models, which often rely on standalone agents or brokers. As consumers grow accustomed to purchasing insurance within other transactions, the role of the traditional intermediary in personal lines may continue to diminish.

For Matic, the partnership is a powerful validation of its mission to simplify insurance within the homeownership experience. For nCino, it enriches its platform, making it an even more indispensable tool for modern financial institutions. Ultimately, this collaboration is a clear indicator of the future, where financial services are no longer separate destinations but are woven into the fabric of the digital experiences that define modern life.