Matic, an embedded insurance platform, has secured a minority investment from Primus Capital and acquired Policygenius' property and casualty insurance portfolio. The acquisition includes nearly 30,000 policies covering home, auto and other personal lines. The funding will support development of Matic's proprietary insurance platform, expansion of embedded partnerships and pursuit of further acquisitions. Matic's digital marketplace features over 70 insurance carriers and more than 100 distribution partners across mortgage, banking, real estate and personal finance sectors. Founded in 2014, Matic integrates insurance within the home and auto ownership experience. The company claims its platform saves customers over $900 annually on average. The acquired Policygenius customers will gain access to Matic's carrier marketplace and customer service team.

Newrez targets rising insurance costs with Matic partnership. May 29, 2026 Managing Editor Rising homeowners insurance costs are pushing lenders to expand affordability tools beyond the mortgage itself Newrez is expanding its partnership with digital insurance marketplace Matic, adding real-time homeowners insurance comparison capabilities to its HomeHub customer portal. The integration allows Newrez homeowners to compare personalized homeowners insurance coverage options and receive quotes 24/7 through the HomeHub platform. Customers can also review their current insurance risk assessment and policy protection score, providing additional insight into their coverage needs. The addition builds on Newrez's HomeHub platform, launched in the fourth quarter of 2025, which provides customers with access to loan information, refinance opportunities, home equity management tools, local home listings, and support services. "By fully integrating the Matic platform into the Newrez HomeHub experience, our homeowners will be able to explore real-time insurance savings, similar to how we proactively notify customers when they can save money on their mortgage," said Leslie Gillin, chief commercial officer at Newrez. "Insurance costs have trended up dramatically over the past five years, and we wanted to help proactively mitigate this real pain point our homeowners have been dealing with." The announcement comes amid rapidly rising homeowners' insurance costs. A recent Newrez report, previously covered by NMP, found average premiums increased 64% between 2021 and 2025, with more than one in five states posting increases of at least 75%. The typical annual premium reached $2,625 by the end of 2025, and homeowners in several states now pay close to or more than $4,000 per year. Get the NMP Daily Essential stories, every weekday. Homeowners insurance directly affects monthly housing payments and escrow costs, making premium increases another factor influencing overall borrower affordability. Newrez said homeowners who switched insurance carriers through Matic saved an average of $928 last year, suggesting that actively shopping for coverage may offer borrowers another avenue to reduce monthly housing costs. "We're pleased to expand our partnership with Newrez and bring Matic's network of over 70 carriers to Newrez's digital ecosystem," said Ben Madick, CEO and co-founder of Matic. "Over the past several years, Newrez and Matic have worked together to help homeowners navigate rising insurance costs across the country. This integration makes the process of comparing coverage options more efficient and accessible for Newrez homeowners." According to Newrez, the expanded integration is intended to make insurance comparison shopping a seamless part of the homeowner experience. "We're setting a new standard for homeownership platforms by embedding this new capability directly into HomeHub - meeting homeowners where they are and making it easier for them to save money and navigate their options with greater clarity," Gillin added. *This article was primarily written by a human author. AI tools were used in a limited capacity for research assistance or light editing.

Matic named a best place to work in ohio. February 19, 2026 Matic is a digital insurance marketplace integrated with lenders, simplifying how people shop for and purchase home insurance during the mortgage process. Their platform embeds insurance selection directly into the home-buying journey, making it less painful and more transparent. It's insurtech solving a specific, high-stakes moment where people need better tools...