National insurance company hires SBS to develop Lender Placed and Foreclosed system
Specialized Business Software wins approval to develop a web-based custom insurance software underwriting system for Lender Placed / Force Placed and Foreclosed Insurance for a national insurance company. This secure online system allows for agents or their insured to directly place insurance on their properties in real-time. Monthly spreadsheets can also be processed if the clients wish to manage their portfolio in batches. Web service connections to address perfection software ensures accuracy for locations as well as identifying specific taxes and assessments. The lender placed and foreclosed system has full support for out-of-order endorsements, as well as a built-in master policy quoting workflow and the ability to process Word documents and convert them to PDF images on demand for the insured as evidence of insurance and policies.