Insurance Vendor Management: All Policies are Not Created Equal
All insurance policies are not created equal! Financial Institutions must ask specific questions to be sure they understand the policy and limits.
All insurance policies are not created equal! Financial Institutions must ask specific questions to be sure they understand the policy and limits.
Specialization of products by your insurer and your agent is essential in insurance vendor management.
The critical areas lenders should evaluate when selecting an insurance vendor are below and are listed in order of importance.
11 questions lenders should ask to make sure you understand how your collateral portfolios are protected by insurance.
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