AZP Insurance Specialists Certifies Gateless Smart Underwrite® with New AI Risk Framework
AZP Insurance Specialists has certified Gateless' AI-driven underwriting solution, Smart Underwrite®, as the first Platinum-level technology provider under its new AI Mortgage Technology Certification framework. The certification is based on decades of mortgage risk and claims experience to evaluate AI systems in mortgage manufacturing. This initiative aims to enhance trust in AI by providing a pathway for insurance-backed protection against representation-and-warranty exposures. Gateless has processed over 230,000 loans using Smart Underwrite® without any claims, demonstrating strong performance and governance. The certification includes underwriting support from Munich Re via Lloyd's of London, offering financial risk mitigation to qualifying clients. This development is expected to boost lender confidence in AI adoption by ensuring accountability and transparency. As the mortgage industry increasingly integrates AI into loan manufacturing processes, AZP’s framework addresses concerns around governance, controls, and operational maturity—key factors for lenders seeking scalable automation solutions.