General

LenderDock and Security First Insurance Announce Strategic Partnership

FOR IMMEDIATE RELEASE

Salt Lake City, Utah August 13, 2020LenderDock is pleased to announce a fully integrated partnership with Florida-based homeowner’s insurance company, Security First Insurance (www.securityfirstflorida.com).  Delivering the industry’s first ever automated lien holder data management solution. LenderDock’s real-time web service API processes on-demand lien holder policy verifications, mortgagee corrections and digital delivery of loss payee, and escrow billing notifications automate key mortgagee transactions and create greater operational efficiencies for Security First.

As Florida’s premiere homeowner’s insurance company, Security First Insurance provides home, renters, condo unit owners, dwelling fire insurance, and flood insurance coverage to thousands of Floridians.

Through LenderDock’s services suite including eVerifi™, eNotifi™ and Direct Connex™, insurers are eliminating the millions of unwanted lender-originated phone calls, emails, faxes and letters while receiving the highest digital delivery of escrow billing and interested-party notifications in the industry. The complete end-to-end solution provides significant cost savings and operational efficiencies for insurance providers anywhere in the country.   

Ben Bomhoff, Vice President of Enterprise Systems

“LenderDock’s services has enabled us to automate this part of our business, provide better service, lower costs, and increase efficiencies, specifically allowing our staff to work on higher value customer interactions We are very pleased with the ease of integrating these services into our core platform and the value it brings to our business.”   

LenderDock Inc.

Headquartered in Salt Lake City, Utah, LenderDock is the leading provider of online Property and Casualty Insurance policy verification and automated lien holder data management services.  The policy verification-as-a-service (VaaS) platform offers banks, lenders and all financial third parties the ability to electronically verify and correct home and auto policy-related data in real-time. 

LenderDock Inc., the premier provider of online services for Property and Casualty Insurance policy verification and automated lienholder process management, is excited to unveil its latest collaboration with Brightway Insurance.

“LenderDock is very excited about the opportunity to be collaborating with Brightway Insurance. As one of the largest MGAs in the U.S., they bring a unique perspective and focus to optimizing and improving internal processes that involved the banking community.  We fully endorse and support their goal of process automation to drive down costs,” said Frank Eubank, LenderDock CEO.

Brightway will implement the use of LenderDock’s base platform, which includes the VERiFi™, LIENSure™, and LENDERDocs™ services.

VERiFi™ is a real-time insurance policy verification system designed for verifiers and lenders. With VERiFi™, phone calls for policy verification are a thing of the past, making the process faster and more efficient.

The second tool, LIENSure™, automates the process of updating policy information by allowing lenders to submit corrections directly to the carrier. This enables carriers or providers to process the updates efficiently according to their own procedures.

The final base suite tool, LENDERDocs™ provides electronic and real-time access to important policy-related documents such as EOIs, Certificates, and others to financial third parties. This helps streamline the process of obtaining and sharing these documents, making it easier for business partners to manage their policy information.

About LenderDock Inc.

LenderDock Inc., with its headquarters located in Salt Lake City, Utah, is the industry leader in automated lien holder process management services as well as online property and casualty insurance policy verification. Banks, lenders, and financial third parties can digitally verify and update home and car insurance-related data in real-time using the policy verification-as-a-service (VaaS) platform.

LenderDock Inc., the premier provider of online services for Property and Casualty Insurance policy verification and automated lienholder process management, is excited to unveil its latest collaboration with PEMCO Insurance.

“PEMCO’s shared vision of lienholder workflow automation and their adopting a process that truly solved the painful and expensive touch points with banks and lenders has enabled the LenderDock’s suite of services to manifest for the entire carrier community,” said Frank Eubank, LenderDock CEO.

PEMCO will implement the use of LenderDock’s base platform, which includes the VERiFi™, LIENSure™, and LENDERDocs™ services.

VERiFi™ is a real-time insurance policy verification system designed for verifiers and lenders. With VERiFi™, phone calls for policy verification are a thing of the past, making the process faster and more efficient.

The second tool, LIENSure™, automates the process of updating policy information by allowing lenders to submit corrections directly to the carrier. This enables carriers or providers to process the updates efficiently according to their own procedures.

The final base suite tool, LENDERDocs™ provides electronic and real-time access to important policy-related documents such as EOIs, Certificates, and others to financial third parties. This helps streamline the process of obtaining and sharing these documents, making it easier for business partners to manage their policy information.

About LenderDock Inc.

LenderDock Inc., with its headquarters located in Salt Lake City, Utah, is the industry leader in automated lien holder process management services as well as online property and casualty insurance policy verification. Banks, lenders, and financial third parties can digitally verify and update home and car insurance-related data in real-time using the policy verification-as-a-service (VaaS) platform.