State National Companies Once Again Enhances Technology Stack
Industry: Financial Services
InsurTrak and AKUVO Aperture integration delivers automation and easy access for lenders
Bedford, TX (PRUnderground) November 8th, 2022
State National Companies is proud to announce that its proprietary InsurTrak all-in-one tracking and reporting platform has been added to AKUVO’s marketplace of integrated services, further enhancing the organization’s leadership position as the technology front-runner in the portfolio protection industry. The addition of this integrated software connector will simplify daily processes and increase speed and efficiency for platform users.
State National Companies has a 50-year history serving financial institutions nationwide with the most advanced and innovative portfolio protection and risk mitigation system in the collateralized lending space. AKUVO is the creator of Aperture, a state-of-the-art, cloud-based collections platform that uses the power of data, analytics, and machine learning to streamline day-to-day collection activities while enhancing relationships and reducing delinquency. Collaboration between these two organizations will provide seamless and efficient access to the collection and insurance needs of the institutions that these organizations both serve.
“AKUVO is in the business of making collections more proactive and productive in order to deliver better relationships and results for all involved,” comments Steve Castagna, AKUVO’s Chief Revenue and Operating Officer. “We’re thrilled to have State National join us in this mission by becoming part of our marketplace of connected services and further streamlining the collection process of our mutual customers.”
“Both the State National and AKUVO technology teams have worked hard to seamlessly roll out the integration and we are really excited to launch this new enhancement,” said Angi Durham, State National’s Vice President of Strategy and Innovation. “It’s yet another way we can serve our lending partners more efficiently, and we’re confident it’s going to be very beneficial to our mutual clients.” Added State National EVP Trace Ledbetter, “At State National, we are always on the lookout for every possible solution to help make our processes faster, easier, and more convenient for the financial institutions we serve. We’re very pleased to add this new connection to AKUVO’s collections platform as one more step in our journey of continuous improvement for the benefit of our partners.”
AKUVO is the creator of Aperture, a modern, cloud-based collection platform powered by data and analytics. Built by a team of individuals, each with more than 20 years’ experience, the company takes a visionary, behavior-based approach to credit risk and delinquency management through its products and advisory services. To learn more, visit www.akuvo.com.
About State National Companies
State National Companies, Inc. is a leading specialty provider of property and casualty insurance services operating in two niche markets across the U.S. In its Lender Services segment, the company specializes in providing portfolio protection solutions that insure autos, mortgages, and other collateral for loans made by credit unions, banks, and specialty finance companies. In its Program Services segment, the company leverages its ”A” (Excellent) A.M. Best rating, expansive licenses, and trusted reputation to provide access to the U.S. property and casualty insurance market in exchange for ceding fees. State National Companies is a division of Markel, a Fortune 500 holding company for insurance, reinsurance, and investment operations. To learn more, please visit statenational.com and connect on LinkedIn.