ST. PAUL, Minn.--(BUSINESS WIRE)--Securian Financial and Open Lending have announced a strategic partnership for Securian to provide insurance to credit unions and other auto lenders through the Lenders Protection™ program offered by Open Lending, a leading provider of automotive lending enablement and risk analytics solutions for financial institutions.
“We are excited about our partnership with Open Lending to help credit unions reach new members and grow their businesses,” said David Seidel, Securian Financial’s U.S. head of Affinity Solutions. “The Lenders Protection program combines sophisticated analytics and enhanced underwriting with highly-rated insurance—empowering credit unions to offer more competitive loans to underserved borrowers within return and risk expectations. We are proud to be a new carrier in this program, bringing another Securian Financial solution to credit unions and auto lenders throughout the United States.”
“We are pleased to add Securian Financial as an insurance partner for our Lenders Protection program,” said Chuck Jehl, Interim CEO of Open Lending. “With high ratings and a long history and familiarity with our credit union and other lending institution customers, they are a great addition to our program.”
Credit unions and distributors interested in learning more can find a Securian Financial sales professional to talk to in their region at https://www.securian.com/contact-us/financial-institution-contact-form.html and contact Open Lending at https://www.openlending.com/contact-us/.
A go-to provider for financial institutions and associations
Securian Financial’s Affinity Solutions business is a go-to provider of insurance and other protection products to more than 6,000 financial institutions and associations in the United States and Canada. Securian Financial offers a diverse portfolio of specialty property & casualty, life, accident and supplemental health product options—all backed by customized solutions and exceptional service.