Listen Up Show - Mitchell Chadrow Talks With Startups, Entrepreneurs And Businesses

Online Marketplace Private Loans Insurtech Meets Fintech TODAY'S GUEST Michael VanErdewyk, ReliaMax Founder and CEO HEMAR was started in 1986 as a private student loan insurance company.  In 1996 Sallie Mae purchased HEMAR but HEMAR could only insure loans originated by Sallie.  Mike started a workers compensation insurance company and worker compensation GMA in Sioux Falls, SD. Mike sold both companies in 2006 because he purchased HEMAR from Sallie Mae in 2006.  The company went from an insurance company insuring private student loans to an online marketplace platform known as ReliaMax today. Website lenders: ReliaMax (B2B) Website consumers: FUTR LinkedIn Twitter WHYLISTENUP? The High cost of student higher education year over year is more than $400 billion and it continues to increase with a fourth of students and their families funding their education from free grants and scholarships and quarter from federal student loans the other 200 billion is from family contributions which typically are fund