Core Specialty partners with Open Lending to provide credit default insurance

By Taaza Facts

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Open Lending Corporation, a key player in automotive lending enablement and risk analytics solutions, has partnered with Core Specialty Insurance Holdings, Inc.

This partnership aims to enable Core Specialty to provide credit default insurance policies for Open Lending’s Lenders Protection platform.

Chuck Jehl, Interim Chief Executive Officer, Open Lending, commented, “One of the central reasons why auto lenders have come to rely upon Open Lending and our Lenders Protection platform is that we have had the stability and firm backing from our A-rated insurance carriers.

“We are pleased to have Core Specialty join us in adding to that stability on behalf of our lenders and the consumers they serve.”

In April, Core Specialty was highlighted as being Duck Creek Technologies’ first customer transacting its Duck Creek OnDemand subscription on Microsoft’s commercial marketplace to use its existing Microsoft Azure Consumption Commitment (MACC).

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Taaza Facts

I am a multifaceted content creator with expertise in blogging, Finance, and Cryptocurrency reviews. My creative journey involves weaving captivating stories in blogs, designing aesthetically pleasing and functional websites, and dissecting the nuances of cinema. We are dedicated to sharing our passion and insights with a global audience.

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