DIMONT’s insurance claims and related solutions deliver significant recoveries to auto lenders while dramatically reducing their default-related losses.
DIMONT’S Groundbreaking Insurance Monitoring Service
Our data-driven Insurance Monitoring service provides a cost-effective, streamlined insurance tracking and an automated monitoring process for auto lenders. We use technology to consolidate insurance information on the collateral within the lender’s portfolio, confirming collateral protection in the event of a repossession claim. We can also provide custom data feeds of insurance-related information to lenders.
DIMONT Recovery Solutions
Mitigating losses and increasing recoveries is paramount to DIMONT’s core business. Our solutions provide the expertise and integrated technology to deliver success to our clients:
- Repo claims processing
- Total Loss Claims
- Enhanced Insurance Monitoring
- Insurance Verification
- Best-in-class, customized service – a true partnership with each client
- Licensed claims adjusters with in-depth knowledge and experience in auto insurance recoveries
- A proprietary claims management system offering automated data feeds and customized reporting throughout the claims process
- Higher overall recoveries and a competitive, contingency-based fee structure
Collateral Loss Avoidance Strategy for Auto Lenders
For consumer lenders, effective loss management is a critical success factor for their long-term business survival. As a result, lenders spend a significant amount of time and effort forecasting their loss projections on auto loan originations and other asset classes.
Our white paper covers:
- The foundations of a strong collateral loss avoidance strategy
- The impact of having quality insurance information on the vehicle
- Modern Data framework for Collateral Loss Avoidance, and
- Advanced Use Cases
Download the white paper to find out more