Understanding the Risk Associated with Uninsured Loan Collateral Part 1

About the Podcast

Evaluating the risk associated with uninsured loan collateral often resides at the bottom of the long list of priorities and challenges faced daily by credit unions. However, the exposure created by members who fail to properly insure loan collateral is real and often results in damaged repossessed vehicles that bring little return at auction. And it is very likely this uninsured, unrepaired damage is the underlying cause of loan default for many delinquent members. 

Paul Timm, Vice President of Marketing, NAFCU Services, and Cindy Bryant, Senior Vice President & Risk Management Consultant, Allied Solutions, take a behind the scenes look at Collateral Protection Insurance (CPI) programs and how technological improvements to the insurance monitoring component mitigate uninsured loan exposure and enhance members' experience.

Listen to the second installment of this podcast series here: Understanding the Risk Associated with Uninsured Loan Collateral Part 2


Podcast now available in iTunes.

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*Statements made within this podcast are general in nature. For specific terms and conditions, please review your CPI policy.

 

Presented By

Anne Holtzman, Senior Vice President, Claim & Recovery, Allied Solutions 
Anne Holtzman, Senior Vice President, Claim & Recovery, Allied Solutions 

Anne Holtzman serves as Senior Vice President, Claim & Recovery at Allied Solutions. In this role she is responsible for internal product development and identifying and developing partner vendor strategies that serve to provide risk management solutions to all facets of lending institutions. She has over 25 years of experience in the insurance industry, serving in various executive level positions for both the personal lines automobile insurance industry and now in a service support role for financial intuition clients. Anne has strong recovery expertise in areas of repossession, total loss, and GAP claim adjudication. 

Anne holds a Bachelor of Applied Science (BASc), Finance and Financial Management services from Indiana State University – Scott College of Business.