Insurance that closes at the speed of your pipeline.
Latent places the fire, flood, wildfire, wind, and builder's risk coverage your borrowers need, in 24 to 48 hours, through a licensed E&S brokerage. Insurance stops being the reason a deal slips.
Why insurance became the long pole in the close.
Admitted carriers have retreated from catastrophe-exposed markets. Borrowers on CAT-exposed property now scramble to bind coverage days before close, often stitching it together from three sources. That gap lands on day five or six, exactly where deals slip.
California
WildfireAdmitted carriers have pulled back from wildfire-exposed ZIP codes. Borrowers land on the FAIR Plan, which caps dwelling coverage at $3M and covers fire only, so it needs a wrap policy to satisfy your lender requirements.
California property coverageTexas
Wind and hailCoastal borrowers get pushed to TWIA, and inland hail losses have tightened appetite statewide. Percentage wind and hail deductibles surprise borrowers late, right when they are trying to clear conditions.
Texas property coverageFlorida
Hurricane and floodWind and flood are routinely excluded or split across separate policies. Citizens is a last resort, not a plan, and lender-required flood is a second placement on top of the homeowners policy.
Florida property coverageColorado
Hail and wildfireThe Front Range is the costliest hail corridor in the country, and the wildland urban interface keeps growing. The Colorado FAIR Plan caps dwelling coverage at $750K, well under a typical Boulder or mountain rebuild.
Colorado property coverageWhere insurance sits in the close.
The same three stages, run two different ways. The difference is whether the binder arrives before your diligence window closes or after.
| Stage | Typical broker | With Latent |
|---|---|---|
| Intake | Manual back and forth across multiple vendors. | AI intake over email and iMessage, with response times under five minutes. |
| Quote | Days of waiting, then declines on CAT-exposed risk. | 24 to 48 hours, with E&S markets that will actually write wildfire and flood. |
| Bind | Lands on day five or six and stalls the close. | Cleared early and off the critical path, so funding is not waiting on a binder. |
How Latent helps lenders.
We are a licensed brokerage, not a lead marketplace. The borrower deals with a broker who can actually place the risk.
We write what standard brokers cannot
Latent is a licensed California surplus lines broker (#6018932). We place wildfire-zone, flood, and hard-to-place property risk that admitted markets decline, so a CAT-exposed borrower is not a dead file.
24 to 48 hour turnaround
Most risks are bound in 24 to 48 hours through wholesale relationships, with response times under five minutes via AI intake agents over email and iMessage.
One source for every borrower line
Fire, flood, wildfire, wind, and builder's risk in one place. Your borrower stops stitching a placement together from three separate vendors, and your processor has one point of contact.
Coverage off the critical path
We move insurance to the front of the file so it clears before diligence closes, not after. Faster binding means faster funding and fewer rate-lock extensions.
Every borrower line, one brokerage.
Purchase, refinance, and construction. If the property is the reason the placement is hard, it is the reason to send it to us.
Homeowners on CAT-exposed property
Wildfire, wind, and hail risk that admitted carriers decline, placed through E&S markets.
How E&S homeowners placement worksFlood
NFIP where it fits and private or excess flood where it does not, including lender-required flood on Zone X properties.
NFIP vs private floodHigh-value and jumbo
Homes from $2M to $20M+ where standard carrier limits and replacement cost terms fall short of the loan amount.
High-value home coverageBuilder's risk
Ground-up construction and major renovation, including course-of-construction coverage for luxury builds.
Builder's risk for construction loansTwo light-touch ways to plug in.
No API, no LOS integration, no engineering lift. You can be live with either of these this week.
Intake packet link
A QR code or link on your borrower intake packet that points straight to Latent. Your borrower starts the placement the same day they start the loan, which is the whole point: insurance moves to the front of the file.
Simple referral flow
Send borrowers to sales@latentinsure.com and we take it from there. No integration, no engineering lift, no new system for your loan officers to learn.
What borrowers say.
“This insurance business has been a real nightmare. I'm so grateful to have found you guys.”
“This is far more comprehensive than what my current policy covers.”
Questions lenders ask
What does this cost the lender?
Nothing. Latent is compensated by standard carrier commission on the policy we place, the same as any brokerage. We do not charge the lender, and we do not pay referral fees or compensation to the lender for sending a borrower our way.
Which states do you place in?
Our focus is the catastrophe-exposed markets where property insurance has moved into the excess and surplus lines market: California wildfire, Texas wind and hail, Florida hurricane and flood, and Colorado hail and wildfire. Latent is a licensed California surplus lines broker (#6018932). Tell us where your pipeline sits and we will be straight with you about whether we are the right fit.
How fast can you actually bind?
Most risks are bound in 24 to 48 hours. First response on a new borrower is typically under five minutes, because intake runs through our AI agents over email and iMessage rather than a queue. Complex or heavily CAT-exposed risk can take longer, and we will tell you that on day one rather than on day five.
What happens if the borrower already has a quote?
We will tell them to keep it if it is the better placement. We are not trying to displace a good policy. Where we usually add value is the file that has been declined, the quote that came back at a number the borrower cannot carry, or the CAT-exposed property no admitted carrier will touch.
Do you handle the evidence of insurance for the file?
Yes. We deliver the binder and evidence of insurance directly to your processor, with the mortgagee clause and loan number as your file requires, so it clears conditions without another round trip through the borrower.
Does this require an integration?
No. The two ways lenders plug in are a link or QR code on your borrower intake packet, or a plain referral to sales@latentinsure.com. There is no API to build, no LOS work, and nothing for your loan officers to log into.
Stop losing days to the insurance contingency.
30 minutes. Bring a file that stalled and we will walk through exactly where it would have cleared with us, what we would have placed it with, and how fast.