Fortegra and Carleton Partner to Streamline Credit Insurance Product Calculations

By Mike Ferris May 30, 2019 10:00:00 AM

Collaboration to seamlessly deliver loan computations and compliance support

JACKSONVILLE, Fla. (May 30, 2019)Fortegra Financial Corporation (“Fortegra”), a leading international specialty insurer and subsidiary of Tiptree Inc. (“Tiptree”), today announces a new partnership with Carleton Inc., the nation’s leader in financial calculation software. This partnership will allow Fortegra clients to easily and accurately calculate loan payments for Fortegra’s credit protection products via a seamless lending platform interface with CarletonCalcs®.

“Automation is becoming a must-have rather than a nice-to-have in our industry,” said Mike Ferris, Fortegra Senior VP, Credit Protection. “At Fortegra, we’re always looking for new solutions to meet the ever-changing needs of our clients. Thanks to our new relationship with Carleton, we’re making loan submission and accessibility faster and more efficient, once again helping Fortegra clients Experience More.”

Credit insurance calculations remain a burden for lending platforms, inhibiting product promotion for many lenders. With more than 150 integrated partnerships, the CarletonCalcs® application programming interface has eliminated the calculation burden that lending platforms encounter by providing a proven solution designed for easy integration as a central software feature.

Through this integrated delivery, Fortegra dealers and lenders will be able to quickly calculate interest, fees, taxes, insurance rates, and data compliant with business decisions and governmental regulations.

“We’re proud to partner with Fortegra to streamline the loan process for their clients and allow them to accurately compute and present their credit protection products within their client’s lending platforms,” said Matt Ruszkowski, President of Carleton. “As the insurance industry continues to adapt to an ever-changing technical landscape and provide automation for its customers, Fortegra is taking important steps to remain an industry leader with their customers' ease and satisfaction as the keys to that continued success.”

For more information on Fortegra products and services, visit www.fortegra.com.

For additional information about Carleton products and solutions, visit www.carletoninc.com.

About Fortegra

Fortegra Financial Corporation (a Tiptree Inc. company) and its subsidiaries comprise a single-source insurance services provider that offers a range of consumer protection options including warranty solutions, credit insurance, and specialty underwriting programs. Delivering multifaceted coverage with an unmatched service experience for domestic and international partners and their customers, Fortegra solves immediate, everyday needs, empowering consumers to worry less and Experience More.

About Carleton, Inc.

Carleton is the country's leading provider of financial calculation software, loan origination compliance support, and document generation software. Based in South Bend, Indiana, in 2019 Carleton is celebrating over 50 years of leadership in this rapidly-changing regulatory industry. Carleton guarantees accuracy in all their calculations and disclosures enabling their partners to fulfill compliance requirements today and into the future.

Categories: News

Recent Posts

Subscribe Today