Issuance queue
Originated contracts without a policy, aged from origination, with an automatic ticket on the third unresolved day.
orbit seminuevos
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Auto finance · Insurance
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In PoC
The loan is out. Is the collateral insured?
In used car lending, insurance protects the lender's collateral, and today it gets handled across insurer portals, emails and spreadsheets. orbit seminuevos is the insurance layer of the loan: it quotes every vehicle against the lender's minimum policy, issues with a lender endorsement and follows the policy over the whole life of the contract. It is currently a proof of concept with simulated insurer connectors.
orbit seminuevos
insurance · auto finance
01 · Context
Insurance is the collateral's collateral.
When a lender finances a used car, the vehicle shouldn't leave the dealership without insurance that meets its policy and carries the endorsement in its favor. In practice, the contract is originated and the policy gets chased later: quotes go portal by portal, the vehicle code doesn't match across insurers, the policy schedule arrives without the endorsement, and nobody knows how many contracts are uncovered right now. When the loan is restructured, the insurance stays as it was, and the gap between what was collected and what was settled with each insurer shows up at month end.
02 · What it is
orbit seminuevos in one sentence
A platform that takes every originated loan contract and carries it to a policy that meets the lender's rules, with simultaneous quoting across insurers, issuance with a lender endorsement, policy and endorsement administration, SLA tickets, a dealer portal, settlement and reconciliation with each insurer, restructurings and control of uncovered exposure.
03 · How it works
Four steps. No magic.
From the originated contract to a watched portfolio, without a single uncovered day.
01
The contract lands in the queue
Every originated loan without a policy shows up with its age and its owner. Nothing leaves the queue without an explicit resolution: a policy, a validated external policy or a close with a reason.
02
Quoting against the policy
The VIN resolves the vehicle and the contract preloads the risk. The mapped vehicle code travels to each insurer, and every option is checked against the lender's minimum policy, with the reason in business language.
03
Issuance with lender endorsement
Delegated, by web service or through an assisted portal, depending on the insurer. The lender is set as a non-editable preferred beneficiary, and the document pack carries a reference number and a verifiable hash.
04
Life of the contract
Endorsements with proof, SLA tickets, settlement and reconciliation with each insurer, restructurings with their financial effect, and daily alerts on the uncovered portfolio.
How it works · orbit seminuevos live
What it does not promise
Today the platform runs on simulated connectors: each insurer answers with deterministic demo rates, not its real rate, and the link to the loan core system is simulated too. Connecting a real insurer requires its web service or its portal, and delegated issuance requires a delegated authority agreement with the carrier. The dealer portal looks things up and files requests, but doesn't quote or issue. And it isn't a multi-quoter for any car: it is built around the loan contract and the lender's collateral.
04 · What it does
Where it goes to work.
The modules that exist today in the proof of concept environment.
Quoting and policy
Fan-out to several insurers with the mapped code, premium comparison, impact on the monthly payment and the lender's rules checked per option.
Policies and endorsements
Sixteen statuses with counts, a full file and seven endorsement types that don't close without the insurer's proof.
Tickets and dealer portal
Eleven ticket types always tied to a policy, contract or quote, with SLA and escalation; dealers see only their policies and their requests come in as tickets.
Settlement and reconciliation
Premium collected, settled and commission, crossed against each insurer's statement; every difference is born with its ticket.
Restructurings and portfolio control
Gaps in term, sum insured, coverage and ownership with solution paths and their cost, and uncovered exposure on the outstanding balance.
05 · Benefits
What changes when you have it.
Five differences from chasing policies after origination.
Request demo1
No contract is left unresolved
The queue forces an explicit resolution, and the third day without a policy opens a ticket on its own.
2
Policy is checked before issuing
Every option says whether it meets the lender's minimum policy and, if not, which rule fails and why.
3
The endorsement is confirmed, not assumed
A policy without proof of the lender endorsement doesn't count as covered and raises its alert.
4
Exposure is shown in pesos
The dashboard adds up the outstanding balance of contracts without valid coverage, not the original amount.
5
Reconciliation closes every month
What was collected, what was settled and the commission are crossed against each insurer, and every difference has an owner.
06 · Before and after
What changes, side by side.
An honest comparison between chasing the policy and having an insurance layer in the loan.
Before / Without orbit seminuevos
Today's day-to-day
- ✕ The contract is originated and the policy is chased later
- ✕ Quotes go portal by portal with codes that don't match
- ✕ The schedule arrives without the endorsement and nobody notices
- ✕ Nobody knows how much balance is uncovered today
- ✕ Differences with the insurer surface at month end
After / With orbit seminuevos
The loan's insurance layer
- ✓ The contract lands in a queue that demands a resolution
- ✓ The mapped code travels to each insurer
- ✓ Without endorsement proof, the contract doesn't count as covered
- ✓ Uncovered exposure is shown in pesos, every day
- ✓ Every reconciliation difference is born with its ticket
07 · Industries
Where it applies today.
Built on a lender's used car loan book and the operation of the broker that manages its insurance.
01 / Auto lenders
Collateral protected for the whole loan
The case the proof of concept was built on.
02 / Lender brokers
The daily operation of loan insurance
Queue, issuance, tickets, dealers and reconciliation with each insurer.
03 / Banks with auto loans
Financed portfolio with mandatory insurance
The same layer, on any loan whose collateral requires insurance with an endorsement.
08 · Contact
Let's see it with your operation.
In 30 minutes we'll tell you whether orbit seminuevos fits your process, what it integrates with and what it doesn't, and what a pilot looks like. If it doesn't fit, we'll tell you that too.
Run the discovery with rocky