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Open Lending Announces Early Extension of AmTrust Producer Agreement

1. Open Lending extends partnership with AmTrust until 2033. 2. This move secures credit capacity and boosts confidence in LPRO. 3. AmTrust's support enhances LPRO's market position in auto lending. 4. Agreement underlines over 15 years of successful collaboration. 5. LPRO's risk analytics solutions empower financial institutions significantly.

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Why Bullish?

The extension of a key partnership reinforces LPRO's market stability and growth potential. Historically, long-term contracts with major partners have led to positive stock performance for firms in similar situations.

How important is it?

The agreement is pivotal as it ensures LPRO's operational continuity and positions it favorably among competitors. Investors often respond positively to strategic partnerships.

Why Long Term?

The extended agreement provides long-term revenue assurance, projected to stabilize cash flows. Such long-term relationships typically lead to sustained investor confidence.

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AMTRFICOCACC
AUSTIN, Texas, Aug. 04, 2025 (GLOBE NEWSWIRE) -- Open Lending Corporation (NASDAQ: LPRO) (“Open Lending” or the “Company”), an industry trailblazer in automotive lending enablement and risk analytics solutions for financial institutions, today announced the early extension of their producer agreement with AmTrust North America, Inc., a subsidiary of AmTrust Financial Services, Inc. (“AmTrust”). Set to expire in 2028, the agreement with Open Lending’s largest and longest standing partner will now run through 2033. “We are thrilled to extend our agreement with Open Lending, building on a strong partnership of more than 15 years,” said Barry Zyskind, Chairman and CEO of AmTrust. “Open Lending has created an innovative and technology-driven business to bring the dream of car ownership to hundreds of thousands of Americans. We are honored to continue supporting the great work of Jessica and the Open Lending team.” “This extension was driven by the strength of our partnership and the value they see in Open Lending and our signature Lender’s Protection™ Program,” said Jessica Buss, Chairman and CEO of Open Lending. “AmTrust is our largest and longest partner providing insurance coverage to our credit unions, and this early extension not only secures our credit capacity but demonstrates their faith in our product, team, and ability to generate profitable business. We're deeply grateful for their partnership and look forward to building value together in the years ahead.” About Open Lending Open Lending (NASDAQ: LPRO) provides loan analytics, risk-based pricing, risk modeling, and default insurance to auto lenders throughout the United States. For over 20 years, we have been empowering financial institutions to create profitable auto loan portfolios with less risk and more reward. For more information, please visit www.openlending.com. About AmTrust Financial Services, Inc.AmTrust Financial Services, Inc., a multinational insurance holding company headquartered in New York, offers specialty property and casualty insurance products, including workers' compensation, business owner’s policy (BOP), general liability and extended service and warranty coverage. For more information about AmTrust, visit www.amtrustfinancial.com. Contact information: Investor Relations Inquiries: InvestorRelations@openlending.com Source: Open Lending Corporation

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