Source: PR Newswire

Algebrik AI, a Delaware-incorporated company headquartered in New York City, pioneering the world’s first cloud-native, AI-powered, digital era Loan Origination System (LOS), announced a partnership with TruStage™, a financially strong insurance and financial services provider.

With this integration, Algebrik enables credit unions and community lenders to present TruStage protection products directly within the digital loan application flow—empowering borrowers to choose coverage that fits their needs without disrupting the journey. Whether for auto loans, personal loans, or other credit products, protection options are embedded natively into Algebrik’s borrower experience and remain easily configurable by loan officers.

“Helping credit unions deliver more than just a loan has always been core to Algebrik’s vision,” said Pankaj Jain, Founder & CEO of Algebrik AI. “By embedding TruStage’s protection suite directly into the origination journey, we’re enabling lenders to offer financial resilience and peace of mind at the exact moment it matters most—without compromising speed, simplicity, or compliance.”

“As we face growing economic uncertainty, 80% of consumers say they would be interested in protection plans on their next loan. Yet more than half don’t recall be offered these options,” said Corinn Maier, VP, Lending Payment Protection at TruStage. “By embedding Payment Protection directly into Algebrik’s LOS, we can more easily give consumers and lenders greater peace of mind and financial stability.”

Read the full article: https://www.prnewswire.com/news-releases/algebrik-ai-partners-with-trustage-to-offer-embedded-lending-protection-products-through-the-loan-origination-journey-302488113.html