Our Meticulous Tracking Results in Fewer Premiums Placed!
The following analysis from a recent case study identifies the events and activities of Support's powerful tracking service, Continuum™. This highly efficient tracking service, equipped with an analysis team that prides themselves on exceptional member service and high attention to detail, presents a continuous and seamless service to you and your members.
The Problem: The initial phase of the study revealed an initial loan volume risk of $6,203,854 (438 loans).This was before Continuum™ tracking had been implemented.
The Solution: Through proprietary processes which include interfacing with hundreds of insurance companies and communication with agents and members, Continuum™ was able to decrease the final loan volume risk to $228,664 (7 CPI policies placed). That accounts for 1% of the initial loan volume risk assumed by the credit union.
The Funnel Effect: Below you will see the power and effectiveness Continuum™ has on at-risk loans. Each stage of the process is essential to deliver these phenomenal results!
This actual case study is a real life example of Continuum™. It was performed over a 1 month period employing the normal daily processes. With results like these, it's no wonder credit unions love our powerful and efficient tracking services.
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Credit Unions Who ♥ Support
"Support Insurance Systems is the third CPI company we have used in the past five years. We were ready to self-insure to avoid the seemingly inherent problems before we talked to Support. The quality of service has made all the difference."
"We have utilized Support Insurance Systems as our CPI provider for over 15 years. During that time, we have received excellent service. They have been very responsive to our needs. Tracking and remittance are very easy to manage on a monthly basis."
Members First Credit Union
Columbus, OH
Assets - 40M
"Initially, I had some trepidation changing CPI providers. However, there is fear with any change.
Nonetheless, after finally getting a handle on the status of the portfolio (which was no easy task as apparently Allied Solutions' documentation left something to be desired; kudos to the Support staff for performing their due diligence!), the process appears to be running smoother than expected. In fact, we have spent much less time with these accounts than previously which allows up more time for other functions.
The reports generated are very streamlined and straightforward as opposed to the multitude of paperwork we used to receive from Allied.
As such, we are very happy at this time with Support and their service. I look forward to a long and mutually beneficial relationship with Support."
Allegent Community Federal Credit Union
Wexford, PA
Assets - 153M
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