Closing Loan Collateral Insurance Gaps, Protecting Credit Union Communities.
Swyft CUSO was founded by credit unions to simplify insurance for loans and to better protect your members' assets and your loan portfolio.
Excellence, transparency and results define your experience with Swyft CUSO.
Insurance provisioning, as enabled by Swyft CUSO, ensures that credit union members have comprehensive coverage by identifying and addressing gaps in their existing homeowners and auto insurance policies. If gaps are found, Swyft CUSO facilitates access to the best available policies, providing members with optimal protection against risks like wildfires and other natural disasters.
Embedded insurance in loan documents ensures that credit union members receive seamless, built-in coverage options when securing a mortgage or home loan, or an auto purchase, reducing the risk of underinsurance. By integrating insurance directly into the lending process, credit unions can proactively protect both their members and their loan portfolios from unforeseen financial losses.
Risk monitoring involves continuously assessing and identifying potential insurance gaps or coverage risks that could impact credit union members and their financial well-being. By leveraging data-driven insights, Swyft CUSO helps credit unions proactively track changing risk factors—such as wildfire and flood exposure—ensuring members maintain adequate protection. With access to one of the largest suite of insurance carriers, Swyft CUSO risk monitoring capabilities will identify and offer the best carriers available for each risk.
Insurance risk analysis for loans on the books involves evaluating the adequacy of homeowners and auto insurance coverage for existing loan holders to identify potential gaps that could expose credit unions to financial risk. Swyft CUSO provides a comprehensive assessment of these risks, helping credit unions safeguard their loan portfolios by ensuring members maintain sufficient coverage.
Member education on fire risk and hazards equips credit union members with critical knowledge about wildfire threats and the importance of maintaining adequate insurance coverage. Through proactive outreach and educational resources, Swyft CUSO helps members understand their exposure, evaluate their policies, and take necessary steps to protect their homes and financial stability.
Loan process automation streamlines and accelerates mortgage and home loan approvals by leveraging technology to reduce manual tasks and improve efficiency. By integrating automated insurance verification and risk assessment, Swyft CUSO helps credit unions enhance accuracy, minimize delays, and ensure members secure fully protected loans.
How do we work?
We walk you through the process step by step.
Recognizing the Insurance Gap
Many credit union members are unaware that their current insurance policies may leave them underinsured or exposed to risks they don’t fully understand. In California, securing proper home insurance is increasingly complex, leaving members uncertain about how to obtain the rightcoverage and anxious about the future.
A Tailored Solution for Credit Unions
Swyft CUSO, built specifically for credit unions, provides a seamless solution. We offer all members a free insurance analysis conducted by our experienced team, ensuring they receive expert guidance on their coverage needs.
Instant Solutions & Revenue for Your Institution
Swyft CUSO licensed insurance counselors, identify coverage gaps, exclusions, and inadequate limits. Members receive immediate solutions, including the option to purchase better coverage on the spot. Serving your members and local communities will result in increased loan volume and asset growth to enhance your core economics.