Custom Tracking Services
Our customized insurance tracking services offer a streamlined solution that eliminates the need for manual insurance notification and follow-up systems, ensuring greater efficiency and accuracy.
Our clients have access to ALISX, our online, user-friendly insurance tracking portal, which provides real-time updates and easy management of policy data. With automatic coverage on eligible tracked collateral, clients are protected from uninsured losses, reducing financial risk. This comprehensive approach provides peace of mind, operational savings, and improved asset protection for our clients.
Tracking Services Offered
Insurance Tracking
We offer comprehensive insurance tracking services tailored to lenders of all portfolio sizes, ensuring that all types of coverage are properly maintained and monitored. Our services include tracking hazard, flood, wind, general liability, REO (Real Estate Owned), equipment, and auto insurance, providing full protection for a wide range of collateral. Our automated tracking system ensures that policies remain up to date, helping to prevent lapses in coverage and reducing the risk of uninsured losses.
Flood Insurance Tracking
Our flood insurance tracking service monitors and verifies that borrowers maintain the necessary flood insurance coverage in accordance with regulatory requirements. By proactively tracking flood insurance policies, we help mitigate the risk of uninsured flood-related losses, ensuring compliance and protecting assets. Our system automatically flags any lapses in coverage, providing early alerts to both clients and borrowers. With our comprehensive flood insurance tracking service, clients can avoid potential financial setbacks while maintaining peace of mind that their properties are protected in flood-prone areas.
Escrow Tracking
Designed to ensure escrow accounts are accurately managed, our system tracks homeowners’ insurance premiums to prevent missed deadlines or lapses in coverage. We offer flexible payment distribution options, giving clients the ability to automate and streamline the payment process, reducing administrative burdens and minimizing the risk of late fees or coverage gaps. Through our partnership with Coforge, we also offer property tax tracking and payment services. With both services combined, clients can maintain peace of mind, knowing that property taxes and insurance premiums are managed efficiently and on time.
Earthquake Tracking
Earthquake insurance tracking service offers financial institutions a reliable solution for monitoring the earthquake insurance coverage on properties with outstanding loans. By tracking key details such as policy renewal dates, coverage limits, and compliance with local regulations, we help ensure that your collateral remains adequately protected against seismic risks. Our platform provides real-time updates and alerts, allowing you to stay informed about any changes to the insurance status of the properties in your portfolio.
