Advocate is a fintech startup that provides insurance compliance solutions for lenders. The company operates in the financial services market, specifically targeting lenders who are looking to streamline their loan operations and ensure compliance with insurance guidelines.

Advocate's business model revolves around offering a platform that simplifies and manages the insurance compliance process. This platform allows lenders to onboard in less than 20 minutes, providing real-time updates on loan compliance status. Each compliance check per loan is recorded in an auditable electronic record, ensuring transparency and accountability.

In addition to its platform, Advocate also offers advisory services to help lenders fine-tune their insurance guidelines. This service aims to strike the perfect balance between compliance and borrower satisfaction.

Furthermore, Advocate offers pre-close insurance reviews, which are outsourced to their team of experts. This service aims to increase borrower satisfaction and reduce loan closing times.

Post-close, Advocate continues to monitor and review insurance compliance, providing lenders with ongoing support. The company also hosts a free community for insurance compliance experts, offering interactive forums and advice on dealing with complex insurance issues.

Advocate generates revenue through its platform and advisory services. The company has received positive feedback from its clients, who praise its top-notch insurance compliance services and client service.

In summary, Advocate is a fintech startup that offers a comprehensive suite of services designed to simplify and manage the insurance compliance process for lenders.

Keywords: Fintech, Insurance Compliance, Lenders, Advisory Services, Loan Operations, Real-Time Updates, Auditable Electronic Record, Pre-Close Insurance Reviews, Post-Close Monitoring, Community for Insurance Compliance Experts.