Insurance Vendor Management: Service and Claims (Part 4)
In this series on Insurance Vendor Management for Lenders, we discuss what factors to consider regarding claims and administration of the policy.
In this series on Insurance Vendor Management for Lenders, we discuss what factors to consider regarding claims and administration of the policy.
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.
With more people working from home and low inventory in many housing markets, Protequity allows lenders to originate home improvement loans with...