Matic renews real-time embedded insurance partnership with Fenris

Matic has renewed its multi-year partnership with Fenris to keep powering real-time insurance quoting inside embedded customer journeys. The deal extends data prefill and enrichment tools designed to cut friction, improve quote completion and support millions of transactions.

Why it matters: - Embedded insurance only works at scale when quote flows stay fast and accurate. - Fenris data helps Matic reduce manual entry, improve completion rates and keep coverage options inside journeys customers already trust. - The partnership renewal comes as insurers and distribution platforms push deeper into digital channels.

What happened: - Fenris signed a multi-year partnership renewal with Matic, the embedded insurance marketplace. - Matic connects more than 100 distribution partners with more than 60 A-rated home and auto carriers. - The renewal continues a five-year relationship between the two companies. - The announcement was dated July 30, 2026.

The details: - Fenris provides real-time insurance data and predictive intelligence through APIs. - Matic will keep using Fenris’ property and casualty prefill and data enrichment capabilities. - Matic also gets access to Fenris’ expanded Property Data Suite. - Fenris’ system populates records from proprietary datasets so Matic’s partners can present insurance options faster. - Fenris says its tools have helped deliver clean, fast and accurate insurance quoting across millions of embedded transactions. - Fenris says its real-time prefill and enrichment have helped improve the agent and consumer experience and increase quote-to-bind performance. - Fenris says customers can cut manual data collection by up to 90 percent. - Fenris says its APIs can deliver more than 500 data points in under a second. - Fenris says quote completion can improve by up to 4x. - FinTech Global research published in May 2026 found that about 84 percent of insurance leads abandon quotes early, the highest abandonment rate of any sector. - Fenris links the data quality problem to the high abandonment rate by filling records at the start of the quote flow. - Learn more about Fenris

Between the lines: - Matic is signaling that embedded insurance competition is shifting from distribution alone to the quality of the quote experience. - Fenris is positioning real-time data as a direct lever for quote completion, not just back-office efficiency. - The renewal suggests both companies expect embedded insurance growth to favor platforms that reduce friction without slowing the customer journey.

What's next: - Matic and Fenris said they will extend the partnership through the next phase of embedded insurance growth. - The companies are betting that faster prefill and better data will keep improving quote completion at scale. - As digital distribution matures, more insurers and platforms may need similar real-time data infrastructure to compete.