Open Lending Corp. recently partnered with Core Specialty Insurance Holdings, enabling Core Specialty to begin providing credit default insurance policies for Open Lending’s Lenders Protection platform.

Open Lending interim CEO Chuck Jehl said through a news release, “One of the central reasons why auto lenders have come to rely upon Open Lending and our Lenders Protection platform is that we have had the stability and firm backing from our A-rated insurance carriers.

“We are pleased to have Core Specialty join us in adding to that stability on behalf of our lenders and the consumers they serve,” Jehl continued.