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Partnership allows CUs to automate insurance quotes loans
AUSTIN, Texas (6/4/08)--Teres Solutions Inc., a provider of direct and indirect lending software for credit unions, has partnered with insurance and financial services company Allied Solutions to automate insurance application management for credit unions. Allied will integrate its IQQ software with Teres Solutions’ SAIL lending software. The integration will allow credit unions to automatically receive insurance quotes and placements for the loan applications they manage through the SAIL software. “Credit unions understand that automation is the key to succeeding in this hyper-competitive lending market,” said Tim Kelly, Teres Solutions CEO. Allied also announced this week that it has purchased MJB Insurance Services of Kansas City, Mo. MJB provides insurance, and financial products and services to credit unions in Kansas, Missouri and Nebraska. Mike Button, president and owner of MJB, will be a regional vice-president for Allied along with Alan Tenbrink, a producer with MJB. They will help direct marketing efforts in Kansas, Missouri and Nebraska.


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