Commercial Inland Marine
Products
Property
- Common Area Package Program CAPP-broker programs
- Vendors Single Interest-broker programs
- NY Brick and Brownstone Insurance Program-broker programs
- Weather Insurance-broker programs
- Prize Indemnity -broker programs
- Property Owners Program -broker programs
- OnPoint Underwriting Builders Risk-broker programs
- Mortgage Guard-broker programs
- Coastal Condo Hotel/Motel Program CHAMP-broker programs
- Event Cancellation -broker programs
- Hawaii Condominium Property Program
Contact Us
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Email: Contact us
Vendor Single Interest and Collateral Protection Insurance
(Administered by Miniter Group)
This Program is designed to protect the Lender’s interest in the collateral that is securitizing their loan portfolios – vehicles, motor homes, and boats. These products are available on a country-wide basis.
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Features and Benefits
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Innovative Insurance Products designed to:
- Transfer collateral risk from the lender’s portfolio
- Help reduce the lender’s net charge offs -
Full Portfolio Analysis
- Analysis of the lender’s portfolio
- Program designed based on the lender’s needs and requirements
- Customer experience updates and reports
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Claims Management
- Real time borrower insurance claim status
- Real time claims processing
- Digital pictures of damage appraisals
- Claims messaging
Outstanding claim turnaround time
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Dedicated Customer Service Representatives
- Review policy with lender’s collection staff
- Provide training of web claim filing and messaging system
- Share experience updates with lender
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Blanket Vendor Single Interest - The lender is reimbursed when a delinquent borrower’s collateral is repossessed and there is either uninsured physical damage or the collateral is unrecoverable (commonly referred to as "skip")
- Collateral Protection Insurance – This is a collateral risk transfer solution that automates the insurance tracking process while at the same time protecting their customer relationships
Coverages
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About our Program Administrator
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Miniter Group provides insurance products for financial institution's auto and mortgage portfolios. They have an experienced staff that exceeds 100 years in combined experience and an established portfolio of Vendors Single Interest business.