Covered Partners with nCino to Embed Homeowners Insurance Directly into the Mortgage Experience

‍Denver, CO — May 19, 2026 — Covered, the leading digital insurance platform intentionally designed for the mortgage industry, and nCino (NASDAQ: NCNO), the platform for agentic AI banking, today announced a strategic partnership to integrate Covered's homeowners insurance solution directly into the nCino Mortgage Suite. Unveiled at nSight 2026, nCino's annual industry conference, the integration removes friction from one of the most time-sensitive steps in any mortgage transaction: securing homeowners' insurance.
‍

Covered now powers embedded insurance for hundreds of mortgage lenders, servicers, and banks, including multiple top-10 U.S. banks and several of the largest mortgage servicers, extending Covered's reach to nearly 50% of all U.S. home originations. Covered has quoted millions of loans during the closing process, giving the company unmatched insight into how to keep borrowers covered and loans moving to close. Borrowers who shop with Covered gain access to competitive homeowners policies, while lenders can eliminate manual work for every insurance policy Covered processes. 
‍

"Insurance has historically been one of the most fragmented and frustrating parts of getting a loan to the closing table, and the current market has only made it harder," said Ross Diedrich, CEO at Covered. "With over one hundred lender, servicer, and bank partners, including multiple top-10 banks, and millions of loans already quoted in the closing process, Covered brings unmatched scale and mortgage-specific expertise to the nCino Platform. Lenders get a turnkey way to give borrowers real choice, licensed guidance, an average of $1,240 in annual savings, and a measurable reduction in closing friction."
‍

For lenders, missing or delayed proof of insurance remains among the most common causes of closing delays, a problem made sharper by the ongoing homeowners insurance availability and affordability crisis affecting markets nationwide. In this environment, real choice matters more than ever - over 10% of loans fail to close due to insurance challenges. 
‍

Through the new integration, the homeowners insurance task is embedded directly within the nCino point-of-sale (POS) borrower portal, giving borrowers a guided path to compare quotes from a carefully curated panel of 65+ top-rated carriers across all 50 states, speak with licensed Covered agents, and bind a policy without ever leaving their loan experience. Once coverage is in place, the evidence of insurance returns to nCino, helping loan teams clear the insurance task quickly and keep the closing on track.
‍

Unlike other insurance products that simply surface quotes, Covered is designed specifically for the mortgage workflow and supports lenders across the full life of the loan, from origination through servicing, with the licensed expertise, data, and curated carrier panel needed to navigate today's insurance market. In states where one or two carriers refuse to write new policies, real carrier choice is no longer a nice-to-have; it is what gets a borrower to the closing table.
‍

"Our customers need partners that understand mortgage end-to-end, not just at the point of sale," said Casey Williams, GM of Mortgage at nCino. "Covered is designed for the mortgage workflow and supports lenders from origination through servicing, and that depth is what allows us to give our clients a more complete, more compliant insurance experience inside the nCino Mortgage Suite."
‍

About Covered: Covered is the leading digital insurance platform built for the mortgage industry. Trusted by well over a hundred mortgage lenders, servicers, and banks, including multiple top-10 U.S. banks and several of the country's largest mortgage servicers, Covered connects borrowers to a curated panel of top-rated carriers across all 50 states. Borrowers who shop with Covered save an average of $1,240 per year on their homeowners policy. By embedding insurance into both origination and servicing workflows and pairing technology with licensed agent expertise, Covered helps lenders shorten cycle times, reduce closing friction, and support borrowers across the life of the loan. Coverage, availability, and terms vary by carrier, product, and state. Learn more at itscovered.com.
‍

About nCino: nCino (NASDAQ: NCNO) is the platform for agentic AI banking. With over 2,700 customers worldwide — including community banks, credit unions, independent mortgage banks, and the largest financial entities globally — nCino offers a trusted, agentic platform purpose-built for financial services and regulated industries. By deploying AI agents alongside human teams, nCino's dual workforce enables institutions to eliminate inefficiencies, sharpen decision-making and deliver better outcomes for the customers they serve. For more information, visit www.ncino.com.
‍

Media Contact: Greg Kassardjian, Head of Marketing | gkassardjian@itscovered.com

‍