The company Matik is collaborating with USA Mortgage as part of a strategic partnership.

Columbus, Ohio, April 18, 2024 (GLOBE NEWSWIRE) - Matic, a leading digital platform for insurance, has partnered with USA Mortgage in a strategic alliance to provide property and personal property insurance products to USA Mortgage clients. As part of the partnership, Matic's innovative insurance marketplace will be integrated into the USA Mortgage mortgage issuance process, allowing borrowers to select personalized rates and coverage during the mortgage process. Matic's matching technology enables borrowers to quickly compare insurance options from a network of over 50 national and regional carriers, helping them make the right choice for their unique needs and reducing the time spent purchasing a policy.

Quote from Ron Mueller, President of USA Mortgage:

"This partnership represents a significant milestone in our commitment to providing effective solutions that improve the borrower experience," said Ron Mueller, president of USA Mortgage. "Matic's extensive network of carriers with coverage across the U.S., and their ability to combine cutting-edge technology with in-houseagency, was a clear choice to meet the needs of our diverse client base."

Borrowers of USA Mortgage will gain access to:

• a wide range of insurance products for property and personal belongings through the digital platform Matic
• home and auto insurance
• umbrellas, jewelry, floods, homeowners, pets, and other personal types of insurance

"Matic was created for the mortgage industry to simplify the process of choosing insurance during the home buying process," said Ben Madick, CEO and co-founder of Matic Insurance. "We are honored to partner with USA Mortgage to provide value to their customers by simplifying the closing process."

About Matic:

Since 2014, Matic has transformed the insurance technology industry by integrating insurance into the experience of home and auto ownership. To date, Matic's digital insurance marketplace has over 50 carriers, as well as distribution partners in industries including mortgage operations and servicing, banking, real estate, personal finance, and more.

About USA Mortgage:

Originally founded in 2001 in St. Louis, Missouri, USA Mortgage is a national mortgage lender licensed in 49 states with offices in 34 states. USA Mortgage's reputation as a company that has made mortgages simple with exceptional customer service, along with being a 100% employee-owned company, has led to its growth and made it one of the 50 largest mortgage lenders in the country with over 600 employees. For more information, visit www.usamortgage.com.