The numbers don’t lie. You are well aware of your day-to-day call volume to track down and verify policyholder information. You’re calling for certificates or declaration pages just to find that the policyholder or lien holder information is incorrect. Then another call to get it corrected. Back and forth you go.
Lenderdock is built for speed and simplicity. Once you’re registered as a verifier in Lenderdock, it’s amazingly simple to verify and correct policy information, make and reconcile payments, or produce a certificate of insurance.
A “real-time” policy verification system written exclusively for verifiers and lenders to verify policy holder and lien holder information without carrier intervention.
Lien holder information is the most inaccurate data on any policy. Let the lien holder correct THEIR information themselves. Cleanup your lien holder data in the process.
Serve documents in real-time. Produce EOIs, certificates and other important policy documents to financial 3rd parties, automatically. Your standard forms or ours.
A loan may change hands on average 6 times over its lifetime. Bulk Servicing is built to handle mass quantities of lien holder corrections from large servicers and BPOs.
We set out to build a platform for insurance providers and instead ended up with a platform that covers the entire gamut. Lenders, Banks, BPOs, all use Lenderdock to avoid the hassle of calling, emailing, and faxing for some of the simplest tasks they perform.
Lenderdock is a cloud-based, software-as-a-service (SaaS), platform leveraging some of the most advanced technology in the cloud community. Our solution was built from the ground up for scalability and uptime.
Our platform is broken down in to three (3) unique portals allowing for all different types of 3rd parties to have access in their own unique way.
It’s very simple to start verifying policy information. You only need to register with Lenderdock. You’re registration will then be verified by one our customer success agents. You may receive an email or phone call for further validation.
Every insurance provider is a little different and may require more than our base information. Usually a policy number will suffice. If you do not have a policy number, each provider will have a search for policy option, some requiring a combination of information such as last name and zip code.
Our staff is working around the clock to continue to add additional insurance providers but we could always use YOUR help as well. Feel free to drop us a line or give us a call if you feel inclined to help us on board your primary providers.
Our intention was to build a solution that can do it all in “real-time”. Keep in mind, provider platforms differ from one provider to the next. Depending on the provider’s software, corrections can be immediate or batched for changing at the end of each business day.
We’re always looking for new ways to assist you with your day-to-day manual processes. If you have a new idea or are in need of a custom solution, feel free to reach out to us at anytime.
We heard the cry from insurance providers of the time-consuming processes plaguing their call centers and agencies. Little did we know, financial 3rd parties were experiencing the same dilema. Lenderdock was built with you in mind.
Although we don’t store the data, we still wanted to provide encrypted communications using today’s latest technology.
Speed and uptime is a must for our platform to survive. Cacheing and DoS Attach protection.
Lenderdock utilizes top technology in cloud keeping our platform up and safe.