Posted Date : October 28,2020
Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID : INSU-0543
Government Authority located in Providence, Rhode Island; USA based organization looking for expert vendor for insurance tracking service.
[A] Budget: Looking for Proposals
[B] Scope of Service:
Vendor needs to provide a qualified firm to track all missing insurance declaration pages, hazard, and flood insurance invoices for our single-family loans to the government authority located in Providence, RI.
- The firm will determine when flood and hazard policies are due for mortgagees and provide a weekly report that the processors at agency can use to pay the hazard and flood insurance bills.
The firm will track cancellation of policies and will do any necessary outreach to get an updated policy declaration and invoice.
- The firm will provide a report that the processors at agency will use to ensure the CFPB required letters are sent to borrowers. Agency will send these letters and process any force placed policy requests.
- The firm will ensure that the correct mortgagee clause is attached to each policy and do any necessary outreach to update incorrect or missing information.
- The firm will contact borrowers, insurance companies, and insurance agents on our behalf to request proof of insurance documents and invoices. Contacts must be branded based on portfolio and may include telephone calls and letters.
[C] Eligibility:
- Onshore (US Organization Only);
[D] Work Performance:
NA
Budget :
Deadline to Submit Proposals: November 18,2020
Cost to Download This RFP/RFQ/RFI/Solicitation/Tender/Bid Document : 5 US$
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Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID : INSU-0543
Government Authority located in Providence, Rhode Island; USA based organization looking for expert vendor for insurance tracking service.
[A] Budget: Looking for Proposals
[B] Scope of Service:
Vendor needs to provide a qualified firm to track all missing insurance declaration pages, hazard, and flood insurance invoices for our single-family loans to the government authority located in Providence, RI.
- The firm will determine when flood and hazard policies are due for mortgagees and provide a weekly report that the processors at agency can use to pay the hazard and flood insurance bills.
The firm will track cancellation of policies and will do any necessary outreach to get an updated policy declaration and invoice.
- The firm will provide a report that the processors at agency will use to ensure the CFPB required letters are sent to borrowers. Agency will send these letters and process any force placed policy requests.
- The firm will ensure that the correct mortgagee clause is attached to each policy and do any necessary outreach to update incorrect or missing information.
- The firm will contact borrowers, insurance companies, and insurance agents on our behalf to request proof of insurance documents and invoices. Contacts must be branded based on portfolio and may include telephone calls and letters.
[C] Eligibility:
- Onshore (US Organization Only);
[D] Work Performance:
NA
Budget :
Deadline to Submit Proposals: November 18,2020
Cost to Download This RFP/RFQ/RFI/Solicitation/Tender/Bid Document : 5 US$