ReliaMax is a financial technology company insuring private student loans made by banks, credit unions and alternative lenders. Based in Sioux Falls, South Dakota, ReliaMax has the only private student loan insurance platform in the country and has insured over $2 billion in loans since 2009. The company recently launched its own servicing platform designed specifically for private student loans and also intends to begin originating education loans in 2016.
Expert Collections containing ReliaMax
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
ReliaMax is included in 3 Expert Collections, including Credit Union Tech.
Credit Union Tech
Companies and startups that use of technology to improve core and ancillary insurance operations. Companies in this collection are creating new product architectures, improving underwriting models, accelerating claims and creating a better customer experience
Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.
Latest ReliaMax News
Jul 26, 2018
July 26, 2018 Following its placement into liquidation by the South Dakota Division of Insurance in late June, the Texas Department of Insurance removed ReliaMax from the list of eligible surplus lines insurers in Texas, the Surplus Lines Stamping Office of Texas (SLTX) reported. According to SLTX, ReliaMax is ineligible to write insurance in Texas, as of July 13, 2018. A South Dakota circuit court placed the company in liquidation proceedings on June 27, 2018, and as such, Reliamax may not write any new business and will be liquidated. For claims and policy information, contact: FitzGibbons and Company, Inc. Scottsdale, AZ 85258
ReliaMax Frequently Asked Questions (FAQ)
Where is ReliaMax's headquarters?
ReliaMax's headquarters is located at 2300 E 54th Street N, Sioux Falls.
What is ReliaMax's latest funding round?
ReliaMax's latest funding round is Unattributed - VI.
How much did ReliaMax raise?
ReliaMax raised a total of $3.88M.