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Open Lending Partners with Securian Financial Group

Jul 10, 2024•almost 2 years ago

Contract Type

partnership

AustinFinancial ServicesLendingAnalytics

Description

Open Lending Corporation announced a partnership with Securian Financial Group, Inc. to provide insurance coverage through its flagship Lenders Protection™ program as market volatility compromises automotive loan portfolios.

Company Information

Company

Open Lending Corporation

Location

Austin, Texas, United States

About

Open Lending Corporation is a provider of loan analytics and risk modeling for auto lenders, with over two decades of experience in providing risk-based pricing and default insurance to auto lenders.

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Strategic

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months