I-Trak allows you to track insurance exposures for every collateral or asset. You can set up a letter series for uninsured customers, and even critical and non-critical deficiencies, with letters targeted at the solution for the deficient exception. Other data management criteria is available to be set up and tweaked by you to achieve the best possible risk management strategy for your portfolio.
What is the result of your effective set-up and the systems data management? The end users to simply tell the truth about each insurance document entered into I-Trak. I-Trak manages it from there.
An imaging dimension is available, or we can integrate with your current imaging technology, to click to the document folder for every loan or lease on the system.
Routine letters and exception reports are generated at the appointed time. Or you may request letters or reports on any subset of loans and leases. Private Label and Agent oriented letters and faxes are appropriately generated with the correct designations. All report or letter queries can be stored for future reproduction, and are available in an Excel viewable format. I-Trak's report writer has several default reports and allows you to add report templates to vary content and totals to your exact needs.
Your database may be updated daily from your core system to include new loans, new leases, refreshing of common data fields and paid-out or terminated records.
You may have as many users accessing the data as you want. The system is securely accessible through the Internet. Great for remote locations!
Over 80 years of combined experience in tracking insurance for lenders and lessors, we are ready to install, train (usually takes one day), and remain on call for your future support and feedback.
The insurance work is often a specialty work which interferes with your core competencies. We can perform part, or all of the insurance tracking work for you at a cost lower than your internal expense. Let us know if you're interested in this full service.
We are dedicated to helping you maintain control over all insurance risk in your loan and lease portfolio. Contact us for more information and a no-obligation Internet demo.